Spec, Payment Posting

Baxter International Inc.•Houston, TX

7d•$44,800 - $61,600•Hybrid

About The Position

This role supports the organization's revenue cycle objectives through timely cash application, payment reconciliation, discrepancy resolution, and collaboration with cross-functional teams. The ideal candidate is detail-oriented, analytical, accountable, and highly organized, with the ability to manage high-volume payment processing while maintaining accuracy and productivity standards.

Requirements

High school diploma or equivalent, associates degree preferred.
3+ years of experience in a healthcare revenue cycle, medical billing, payment posting, cash application, or related business environment.
Experience using billing, practice management, or revenue cycle management software.
Knowledge of healthcare insurance, third-party payer processes, and reimbursement methodologies preferred.
Experience with EOBs, ERAs, EFTs, remittance advice, payment posting, and reconciliation preferred.
Strong analytical and data entry skills with the ability to identify and resolve payment variances and discrepancies preferred.
Proficiency in Microsoft Office Suite (especially Excel) and the ability to efficiently navigate multiple systems and databases preferred.
Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time.

Responsibilities

Post and validate insurance and patient payments, adjustments, denials, and payer correspondence.
Process cash and receivable transactions from checks, ACH, lockbox files, ERAs, and other payment sources.
Reconcile payments to deposits and investigate discrepancies.
Validate and apply electronic remittance files accurately within the billing system.
Maintain cash posting metrics, reconcile activity to the General Ledger, and balance payment batches.
Transfer, reallocate, and research unidentified payments to ensure accurate account application.
Collaborate with Billing, Accounts Receivable, Customer Service, and other teams to resolve payment issues.
Stay current on payer regulations and reimbursement practices while supporting process improvements and special projects.

Benefits

medical and dental coverage that start on day one
insurance coverage for basic life, accident, short-term and long-term disability, and business travel accident insurance
Employee Stock Purchase Plan (ESPP), with the ability to purchase company stock at a discount
401(k) Retirement Savings Plan (RSP), with options for employee contributions and company matching
Flexible Spending Accounts
educational assistance programs
paid holidays
paid time off ranging from 20 to 35 days based on length of service
family and medical leaves of absence
paid parental leave
commuting benefits
Employee Discount Program
Employee Assistance Program (EAP)
childcare benefits