Payment Posting Executive Precise and Competence Job Description Duties: ERN & ERA Processing: Make sure that all electronic payments are properly auto-posted by downloading and posting Electronic Remittance Advices (ERA) into the Practice Management (PM) system. Manual Posting: Make sure the payment is applied to the appropriate date of service and line item by accurately entering payments from paper "Explanation of Benefits" (EOB) and patient checks. Adjustment Management: To maintain correct ledger balances, apply the proper contractual adjustments, write-offs, and discounts in accordance with the insurance provider's contract. Secondary Billing Initiation: Verify that the leftover amount is appropriately forwarded to the secondary insurance or the patient's statement following the posting of the initial insurance payment. Payment Reconciliation: Verify every day that the total amount of payments recorded in the program corresponds to the total amount of bank deposits or lockboxes.

Focus Skills: Financial Accuracy: Outstanding numerical skills and error-free basic accounting math performance. The ability to read and comprehend complicated insurance remittance documents, such as those containing allowed amounts, co-insurances, and deductibles. The ability to differentiate between a "Partial Payment" and a "Underpayment" in light of the provider's price schedule. Software Proficiency: Knowledge of RCM systems and sophisticated Microsoft Excel for monitoring sizable payment batches.

Apply now to become an integral part of our growing team! With Regards, HR - Maria 88708 33430 infohrmaria04@gmail.com »