Description
Job Summary:
The responsibility of the payment poster is to log and prepare payment batches from the bank for posters. Balance Insurance and Patient payments from Imagine to Bank.
Job Duties:
- Pull remits manually and electronically for deposits daily
- Accurately post payments and/or denials via ERA, EFT, and paper remits appropriately to accounts and balance payments posted back to the original deposit amounts
- Identify payor issues proactively in relation to zero payment, payment variance, billing, and denials with a high degree of accuracy and report to Management
- Researches and resolves unapplied and/or unidentified claim payments
- Identifies allowances, deductibles and co-insurance and ensures accurate posting
- Investigates all insurance recoupments to determine if they are correct or need to be appealed
- Runs electronic deposit reports and processes payments
- Run Credit Card payments for in house payment plans
- Review and interpret insurance carrier explanation of benefits (EOB)
- Code and post all receivables from insurance companies, and third-party payors on patient accounts
- Ability to efficiently manage multiple tasks and to prioritize workload
- Working closely with Supervisors on reversals of payments, adjustments, transfers, and refunds
- Work with management to research reimbursement and billing issues
- Adheres to Confidentiality and HIPAA Privacy and Security Policies and Procedures
- Performs other related duties as assigned.
Requirements
- High School or Equivalent
- Minimum of 1-3 years’ experience in billing
- Ability to read Insurance EOBs
Skills and Abilities:
- Knowledge in Microsoft Excel
- Must be comfortable interacting with employees, medical staff, leadership and medical providers
- Must demonstrate strong analytical skills and proficiency with Microsoft office products
- Must have strong critical thinking skills
- Maintains effectiveness when experiencing major changes in work tasks or the work environment
- Ability to work independently without close supervision
- Ability to exercise judgement and make decisions
- Ability to perform in a high productivity, fast-paced environment
- Interpersonal skills and conflict resolution
Salary Description
$18-$23