Payment Analyst (FT- 1.0 FTE, Day Shift)

Bozeman Health Deaconess Hospital•Bozeman, MT

18d

About The Position

Position Summary: The Payment Posting Analyst plays a critical role in the healthcare revenue cycle by ensuring all payment activities are completed accurately and efficiently to all payment records. The Payment Posting Analyst work closely with billing, collections, and finance areas to ensure smooth operations and revenue flow. Conduct research through payer portals to identify missing remittances.

Requirements

Required High School Diploma or Equivalent
One (1) year of healthcare billing experience
Demonstrates sound judgment, patience, and maintains a professional demeanor at all times
Exercises tact, discretion, sensitivity, and maintains confidentiality
Performs essential job functions successfully in a busy and stressful environment
Learns current and new computer applications and office equipment utilized at Bozeman Health
Strong interpersonal, verbal, and written communication skills
Analyzes, organizes, and prioritizes work while meeting multiple deadlines
This role requires regular and sustained attendance.

Nice To Haves

Preferred Associate’s degree

Responsibilities

Participate as a member of the payment posting team, ensuring all activities are completed accurately and efficiently.
Post payments from insurance companies, patients, and third-party payers to patient accounts, ensuring accuracy in both the system and ledger balances.
Apply contractual adjustments, write-offs, and denials as needed in compliance with payer contracts and organizational policies.
Reconcile NSF checks and lost payments.
Reconcile posted payments with bank records and/or deposits.
Review daily posting reports to identify discrepancies or errors, preferably correcting them before end of day.
Ensure compliance with federal, state, and payer regulations, including HIPAA and other healthcare policies.
Assist with identifying trends, discrepancies, and areas for improvement.
Collaborate with the billing and collections teams to resolve payment-related issues and ensure proper allocation of payments.
Maintain current knowledge of processes and communicate with leaders and applicable departments
Conduct research through payer portals to identify missing remittances.
Other duties as assigned.