Payment Posting Executive Supporting Faster Collections Job Description Duties: Payment Log & Entry: Correctly enter patient payments, insurance payments, and contractual write-offs from a variety of sources into the billing program. Processing of ERAs and EOBs: Methodically read, decipher, and process paper Explanations of Benefits (EOBs) and Electronic Remittance Advices (ERAs). Reconciliation & Balancing: To guarantee a 100% accurate financial match, reconcile the total posted amounts each day against bank deposit logs (Lockbox, EFT, and credit cards). Denial Capture: Use the appropriate adjustment reason codes (CARCs and RARCs) to identify and forward denied, rejected, or underpaid claims to the AR Follow-up team. Secondary Claims Invoicing: Determine which claims need to be filed with secondary or tertiary insurance, making sure that the primary payment information is appropriately appended. Patient Responsibility Mapping: To ensure proper statement creation, accurately transfer any outstanding funds to the patient's account bucket.

Focus Skills: Strong knowledge of medical insurance payment systems, including contractual allowables, permitted amounts, write-offs, and non-covered services, is a sign of financial literacy. EOB/ERA Interpretation: Proficiency in reading and interpreting intricate check breakdown information, adjustment codes, and insurance remittance layouts. Numerical Precision: Exceptional speed and accuracy while entering data, especially with 10-key numeric keypads. Mathematical aptitude: the ability to troubleshoot ledger imbalances using fundamental accounting and arithmetic concepts. Software Proficiency: Excellent knowledge of clearinghouse interfaces, practice management systems, and medical billing software. Compliance Protocol: A strong dedication to protecting PHI in accordance with stringent HIPAA data privacy regulations.

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