Payment Posting Specialist

MPOWERHealthConshohocken, PA

About The Position

The Payment Posting Specialist is responsible for accurately posting patient and insurance payments to patient accounts. This role requires a high degree of accuracy in a high-volume, time-sensitive work environment and involves handling additional payment-related functions as necessary. The specialist will retrieve checks by payer on electronic and enter payments into billing software, following internal payer protocols and posting guidelines. A key responsibility is running and analyzing balancing reports to ensure accurate posting and meeting monthly post goals and closing deadlines. The role also includes participating in proactive team efforts to achieve departmental and company goals and building billing spreadsheets in Microsoft Excel.

Requirements

  • High School degree or equivalent
  • 2 years of related experience preferred
  • Excellent communicator.
  • Knowledge of health insurance.
  • Experience working with Electronic Response Admittance's (ERAs) and Explanation of Benefits (EOB).
  • Organized and able to focus.
  • Identify account problems along with trends and patterns.
  • Able to promptly learn and utilize our system.
  • Must maintain professional appearance.
  • Ability to be at work on a regular and consistent basis.

Responsibilities

  • Posting patient and insurance payments to patient accounts with a high degree of accuracy in a high-volume, time-sensitive work environment.
  • Handle additional payment-related functions as necessary.
  • Retrieve checks by payer on electronic and enter payments into billing software.
  • Follow internal payer protocols and posting guidelines relating to payer fee schedules.
  • Run and analyze balancing report to insure accurate posting.
  • Meet monthly post goals and closing deadlines.
  • Participate in proactive team efforts to achieve departmental and company goals.
  • Able to build billing spread sheets in Microsoft Excel.
  • Other duties as assigned.
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