If you are a detail-oriented professional with a background in healthcare revenue cycle and a passion for ensuring accurate payment processing in Cherry Hill, NJ, we encourage you to apply for this exciting opportunity! with Peopleshare! Apply today if you'd be interested in this role!
Job Title: Payment Posting Specialist
Location: Cherry Hill, NJ
Status: Contract to Hire
Schedule: M-F 1st Shift, Remote 2 days out of the week!
Pay Rate: $23-26/hr
Position Summary:
The Payment Posting Specialist performs daily payment posting and reconciliation activities to contribute to an efficient and service-oriented business office. Ensures all payments are posted accurately to individual accounts and reconciles payments to ensure that all received payments are posted and allocated appropriately.
Essential Responsibilities:
- Posts all payments from private pay, insurance, liability companies, schools, and other governmental groups with minimal errors.
- Applies both manual payments and processes ERA payments.
- Analyzes EOB information, including co-pays, contractual adjustments, denials, and more to ensure accuracy.
- Scans all EOBs and payment support.
- Posts all denials in accordance with EOB to assist in timely and accurate denial follow-up workflows.
- Investigates and clears all unapplied payments in the practice management system; works with AR team and Programs as necessary to resolve allocation.
- Researches and escalates under/overpayments to the posting manager to be addressed.
- Completes posting logs to ensure proper tracking of all payments.
- Contacts third-party payers, insurance companies, and private payers for clarification when information is needed to successfully post payments.
- Properly documents all recoupments and notifies the manager of recoupment.
Education & Experience:
- High school diploma or GED.
- Minimum of two years of healthcare revenue cycle experience.
Special Skills:
- Effective verbal and written communication.
- Strong interpersonal, organizational, and prioritization skills.
- Influence and negotiating skills.
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