About The Position

The Payment Posting Specialist is responsible for accurately posting incoming payments from insurance companies and patients into the organization’s billing system. This role ensures that all payments are recorded properly and in a timely manner, enabling accurate patient account balances and efficient revenue cycle operations. Review and post insurance and patient payments (EOBs, ERAs, checks, credit card transactions). Resolve discrepancies in payment applications, including denials, short pays, and overpayments. Maintain accurate records of payment transactions in compliance with HIPAA and internal policies. Process refunds or adjustments as necessary following approval guidelines. Support audits by preparing and submitting documentation as needed.

Requirements

  • Strong attention to detail and high accuracy in data entry
  • Knowledge of EOBs (Explanation of Benefits)/ERAs(Electronic Remittance Advice) and basic accounting principles
  • Excellent organizational and time management skills
  • Strong problem-solving and analytical abilities
  • Ability to maintain confidentiality and comply with HIPAA regulations

Responsibilities

  • Review and post insurance and patient payments (EOBs, ERAs, checks, credit card transactions)
  • Resolve discrepancies in payment applications, including denials, short pays, and overpayments
  • Maintain accurate records of payment transactions in compliance with HIPAA and internal policies
  • Process refunds or adjustments as necessary following approval guidelines
  • Support audits by preparing and submitting documentation as needed

Stand Out From the Crowd

Upload your resume and get instant feedback on how well it matches this job.

Upload and Match Resume

What This Job Offers

Job Type

Full-time

Career Level

Entry Level

Education Level

No Education Listed

Number of Employees

11-50 employees

© 2024 Teal Labs, Inc
Privacy PolicyTerms of Service