Payment Posting Specialist – Remote

Job Locations US-Remote

Category RCM Operations Position Type Regular Full-Time

Overview

Job Summary:

• The Payment Posting Specialist is assigned facilities/clients that they are responsible for keeping up with to meet our 6 day turn around.  Posts all money posted for current month by our month end deadline.  The typical Posting Coordinator has between 13-14 assigned facilities for Emergency Departments & Hospitalists.

Responsibilities

Essential Functions & Tasks:

• Posts Accounts Payable deposits.
• Processes electronic 835’s and manual payer EOBs, including the posting of insurance allowable, patient portions, denials, adjustments, contractual allowances, recoups and forward balancing.
• Interprets Explanation of Benefits (EOB) remittance codes and applies correct denial codes.
• Balances and closes payment batches timely.
• Navigate websites to obtain EOBs.
• Performs special projects and other duties as assigned.

Qualifications

Education and Experience Requirements:

• High School Diploma or Equivalent.
• Two (2) year of experience posting insurance payments in a healthcare setting.  
• Two (2) years of experience reading insurance Explanation of Benefits (EOB) statements preferred.

Knowledge, Skills, and Abilities (KSAs):

• Knowledge of insurance payer types.
• Knowledge of Explanation of Benefits (EOB) statements.
• Strong balancing and reconciliation skills.
• Strong 10 Key calculator skills.
• Strong oral, written, and interpersonal communication skills.
• Strong mathematical skills.
• Strong time management skills.
• Strong organizational skills.
• Ability to read, understand, and apply state/federal laws, regulations, and policies.
• Ability to remain flexible and work within a collaborative and fast paced environment.
• Ability to communicate with diverse personalities in a tactful, mature, and professional manner.