Payment Poster

LifeLinc Corporation • Memphis, TN

1d • Onsite

About The Position

Under general supervision, is responsible for posting both insurance and patient payments to the respective accounts. The payment poster works with patient account representatives to correctly input individual payments and adjustments for each location. This is not a remote position.

Requirements

• High school diploma or general education degree (GED)
• A minimum of 1 year of medical insurance experience is required.
• Excellent computer and filing skills are required and strong working knowledge of Microsoft Excel is required.
• Excellent typing proficiency and 10-key by touch is required
• Verbal and written communication skills
• Ability to respond to questions in a tactful and professional manner
• Ability to manage time wisely and maintain organization
• Ability to interpret accounts and records
• Ability to document workflow
• Understand anesthesia coding
• Interpersonal/human relations skills
• Customer service skills
• Ability to maintain confidentiality and accuracy
• Must be able to read and write English
• Ability to read and interpret documents such as safety rules, operating and maintenance instructions, and procedure manuals
• Ability to write routine reports and correspondence for the needs of the audience
• Ability to effectively present information in one-on-one and small group situations to supervisors and other employees of the organization
• Able to work in a team-oriented environment
• Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals
• Ability to compute rate, ratio, and percent
• Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists
• Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form
• Ability to recognize when something is wrong or is likely to go wrong and react accordingly to the situation
• To perform this job successfully, an individual should have excellent computer literacy skills
• Must be skilled in MS Word and Excel
• Ensures and adheres to strict confidentiality when handling patient information, according to the HIPAA Privacy Act and hospital policy and procedure regarding confidentiality.
• Complies with all information security practices.
• Has knowledge of and adheres to all compliance regulations, policies, and procedures.
• Takes required annual HIPAA compliance training.

Nice To Haves

• A minimum of 1 year of related experience and/or training in the fields of data entry and payment processing and posting is preferred

Responsibilities

• Review, process, post, and balance batches when posting insurance and patient payments. Must be comfortable handling electronic funds transfers (EFTs), credit card information, and paper checks. Along with payments for electronic remittance advices (ERAs) and paper explanations of benefits (EOBs).
• Evaluate and post payments for denials, adjustments, and deductibles.
• Reconcile ERAs to daily deposit summary
• Assist patient account representatives to ensure proper posting to their accounts
• Ensures legal compliance by following company policies, procedures, guidelines, as well as state and federal insurance regulations
• Protects operations by keeping claims information confidential
• Updates job knowledge by participating in educational opportunities, reading professional publications, maintaining personal networks, and participating in professional organizations
• Accomplishes organization goals by accepting ownership for accomplishing new and different requests by exploring opportunities that add value to job accomplishments
• Performs other duties as assigned

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED
• Number of Employees: 51-100 employees