Payment Posting Spec

Cooper University Hospital • Camden, NJ

6d • $21 - $33 • Onsite

About The Position

Responsible for performing accurate and timely payment posting functions and utilizing Cash Management in Epic. Process and accept EDI electronic remittance files. Responsible for working and resolving any errors in Remittances Runs to successfully post payments. Manually post insurance payments and credit card payments as needed. Post recoupments and rejections; close and process payment/rejection batches. Resolve any deposits that cannot be posted in a timely manner. Post correct remit codes to facilitate account work queue follow up by the appropriate team. Communicate with team members, insurance companies, third party payers and others as needed. Provide training to other team members as needed relating to posting payments and rejections manually and electronically in all active systems. Perform general clerical duties and special projects as assigned. Attend and participate in meetings/trainings as deemed necessary.

Requirements

• 1 to 2 years health care accounts receivable, billing and payment posting experience.
• Knowledge in reading explanation of benefits (EOB) and CPT codes.
• Knowledge of electronic payment remittances (EDI) process.
• Knowledge of Standard PC and Standard PC operating systems such as Microsoft Office.
• Basic coding knowledge.
• Medical terminology.
• Reimbursement analysis.
• Experience with appeals process.
• Experience with credit balances.
• Experience with billing regulations.
• Excellent problem solving skills.

Responsibilities

• Perform accurate and timely payment posting functions utilizing Cash Management in Epic.
• Process and accept EDI electronic remittance files.
• Work and resolve errors in Remittances Runs to successfully post payments.
• Manually post insurance payments and credit card payments.
• Post recoupments and rejections.
• Close and process payment/rejection batches.
• Resolve deposits that cannot be posted in a timely manner.
• Post correct remit codes to facilitate account work queue follow up.
• Communicate with team members, insurance companies, third party payers and others.
• Provide training to other team members on posting payments and rejections manually and electronically.
• Perform general clerical duties and special projects.
• Attend and participate in meetings/trainings.

Benefits

• health
• dental
• vision
• life
• disability
• retirement

What This Job Offers

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