Payment Specialist

UHS • King of Prussia, PA

108d

About The Position

The Payment Specialist is responsible for the accurate and timely import and processing of Electronic Remittance Advices (ERAs) and manual payment posting to PMS to meet team goals and objectives. Confirms Electronic Funds Transfer (EFT) and deposits (including lockbox) and processes payments following IPM CBO guidelines. Performs timely and accurate ERA reconciliation to include ERA processing, Process Level Adjustments (PLB) and credits applied to the PMS following the processing of an ERA file to minimize lag days. Meets or exceeds established performance targets (productivity and quality) established by the Payments Supervisor.

Requirements

• High School Graduate/GED required; Associate’s degree preferred.
• 3-5 years minimum experience in healthcare billing, health insurance, or equivalent operations work environment.
• Knowledge of CPT/ICD-10 coding, claim submission requirements, and remittance processing.
• Understanding of the revenue cycle and how various components work together preferred.
• Excellent organization skills and attention to detail.
• Research and problem-solving ability.
• Results-oriented with a proven track record in a high-performing team environment.
• Service-oriented and customer-centric.
• Strong computer literacy skills including proficiency in Microsoft Office.

Responsibilities

• Accurate and timely import and processing of Electronic Remittance Advices (ERAs).
• Manual payment posting to PMS.
• Confirm Electronic Funds Transfer (EFT) and deposits, including lockbox.
• Process payments following IPM CBO guidelines.
• Perform timely and accurate ERA reconciliation.
• Process Level Adjustments (PLB) and credits applied to the PMS.
• Minimize lag days following the processing of an ERA file.
• Meet or exceed established performance targets for productivity and quality.

Benefits

• Challenging and rewarding work environment.
• Competitive Compensation & Generous Paid Time Off.
• Excellent Medical, Dental, Vision and Prescription Drug Plans.
• 401(K) with company match.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED
• Number of Employees: 1,001-5,000 employees