Payment Posting Specialist

Hillsboro Area Hospital Inc • Hillsboro, IL

1d • $19 - $24 • Remote

About The Position

The Payment Posting Specialist is responsible for accurately posting patient and insurance payments to patient accounts and performing timely account reconciliations. This role plays a critical part in ensuring the financial integrity of the revenue cycle by verifying payment accuracy, resolving discrepancies, and maintaining up-to-date patient account records.

Requirements

• High school diploma or equivalent required; associate’s degree or coursework in accounting, healthcare billing, preferably in a multi-payer environment.
• 3+ years of experience in medical payment posting or healthcare billing, preferably in a multi-payer environment.
• Strong understanding of insurance EOBs, ERAs, and medical billing terminology.
• Experience with practice management systems (e.g., CPSI, Cerner, Oracle Health, etc.) and electronic payment systems preferred.
• Strong attention to detail and excellent organizational skills.
• Proficiency in Microsoft Excel and other Office applications a plus.

Nice To Haves

• associate’s degree or coursework in accounting, healthcare billing, preferably in a multi-payer environment.
• Experience with practice management systems (e.g., CPSI, Cerner, Oracle Health, etc.) and electronic payment systems preferred.
• Proficiency in Microsoft Excel and other Office applications a plus.

Responsibilities

• Post payments from insurance companies, patients, and third-party payers to patient accounts with a high degree of accuracy and attention to detail.
• Process paper and electronic remittance advice (ERA) and explanation of benefits (EOB) documents.
• Apply adjustments, and denials according to organizational policies and payer contracts.
• Research and resolve misapplied or unidentified payments.
• Work with insurance carriers, patients, and internal departments to clarify and correct posting errors.
• Escalate complex discrepancies or unresolved items to management or appropriate teams.
• Maintain detailed records of payment activities and reconciliation processes.
• Assist in generating reports related to payment posting, reconciliation, and outstanding items.
• Ensure compliance with internal policies, payer rules, and regulatory requirements.
• Completes and maintains all required education and/or training requirements.
• Complies with HIPAA regulations and always maintains patient confidentiality.
• Follows and maintains all lawful safety, health requirements, and regulations, and follow protocols for required protective equipment (PPE).
• Promptly reports safety issues, job-related injury, or illness, near misses, etc. in SafetyZone.
• Follows Hillsboro Health Standards of Behavior.
• Receives training and/or attends necessary meetings to meet the criteria as outlined in Hillsboro Health’s Corporate Compliance Plan and Code of Conduct.
• Understands the responsibilities related to compliance and knows whether to contact the Corporate Compliance Officer should there be any instance of question or concern regarding fraud and/or abuse.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED