We are seeking a Payment Poster responsible for the expedient and accurate posting of
payments received. The ideal candidate will have at least two years of experience in
medical billing and payment posting, strong communication skills, and proficiency in using
practice management systems. Join our team to ensure timely and precise payment
processing, contribute to efficient billing operations, and maintain professional
knowledge in the evolving field of medical billing.
Accountabilities:
Payment Entry:
- Completes payment entry in a timely and accurate manner, including:
- Posts payments to the practice management system (Live checks, Credit Card payments,
and EFT deposits should all be posted within 48-72 hours of hitting the bank account).
- Records batch totals with date and initials on the payment receipt spreadsheet.
- Balances batches and runs transaction reports daily to confirm balancing to the
bank/practice management system.
- Verifies all EFT deposits and scanned checks have been posted by the end-of-month
closing date.
- Applies unapplied payments to the correct DOS by payer/customer.
- Identifies any payments not being paid at the allowed/contracted amount and
communicates this to the appropriate channels (Manager/Assigned billing
representative).
- Provides department coverage by being cross-trained to support other areas within the
billing department when needed.
- Maintains professional knowledge regarding medical billing, insurance carriers, federal
programs, etc.
Payment Information:
- Responsible for pulling payment remits from payment/payer portals to ensure payments
are posted to the correct payer and for the correct dates of service.
- Uploads payment remits to the payer (customer) folder on the billing or P drive.
Adjustments:
- Performs needed adjustments for bad debt/write-offs in the practice management
system in a timely and accurate manner (upon management approval).We are seeking a Payment Poster responsible for the expedient and accurate posting of
payments received. The ideal candidate will have at least two years of experience in
medical billing and payment posting, strong communication skills, and proficiency in using
practice management systems. Join our team to ensure timely and precise payment
processing, contribute to efficient billing operations, and maintain professional
knowledge in the evolving field of medical billing.
Accountabilities:
Payment Entry:
- Completes payment entry in a timely and accurate manner, including:
- Posts payments to the practice management system (Live checks, Credit Card payments,
and EFT deposits should all be posted within 48-72 hours of hitting the bank account).
- Records batch totals with date and initials on the payment receipt spreadsheet.
- Balances batches and runs transaction reports daily to confirm balancing to the
bank/practice management system.
- Verifies all EFT deposits and scanned checks have been posted by the end-of-month
closing date.
- Applies unapplied payments to the correct DOS by payer/customer.
- Identifies any payments not being paid at the allowed/contracted amount and
communicates this to the appropriate channels (Manager/Assigned billing
representative).
- Provides department coverage by being cross-trained to support other areas within the
billing department when needed.
- Maintains professional knowledge regarding medical billing, insurance carriers, federal
programs, etc.
Payment Information:
- Responsible for pulling payment remits from payment/payer portals to ensure payments
are posted to the correct payer and for the correct dates of service.
- Uploads payment remits to the payer (customer) folder on the billing or P drive.
Adjustments:
- Performs needed adjustments for bad debt/write-offs in the practice management
system in a timely and accurate manner (upon management approval).
