Payment Poster

Position SummaryThe Payment Poster will oversee payment intake that are received in a manual and electronic (ERA) process. This will include payments from both patients and insurance companies that will involve applying payments, adjustments, and working insurance denials on patients’ accounts. The payment poster will process and post a high volume of billing statements while updating account adjustments and keeping records of account standings.Essential Duties And ResponsibilitiesAccept payments and process billing statements.Balance payment and denial batches while checking for accuracy.Keep track of payment deposits from patients and insurance reconciling details.Prepare payment batches.Conduct audits for billing cycles.Obtain explanation of benefits (EOBs) from insurance companies through online portals and/or searching internal database.Keep accurate billing records and report any discrepancies to accounting.Other DutiesPlease note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.RequirementsKnowledge, Skills, & AbilitiesKeyboard skills of 50 WPM and/or ten key = 12,000 + KPMStrong computer skillsStrong knowledge of processing payments and denials including deductibles, co-payments, underpayments, bundled charge payments, contractual adjustments, non-allowed amounts, and other common third party denialsFunctional knowledge of Microsoft ExcelEducation & Experience RequirementsHigh school diploma or GED certificateAssociate or bachelor’s degree (preferred)Minimum 1 year of experience in a related billing or clerical positionExperience posting and balancing payments and adjustments from EOB’s.Experience with side-by-side posting from images (ERA) using an image repository such as LaserFiche is helpful.Ability to process a high volume of work.Knowledge of EOBsData entry and typing skills.Keen attention to detailSupervisory ResponsibilitiesNoneSalary Description $19.00-$24.00