Medical Payment Poster-Katy

About the Role

A Medical Payment Poster is responsible for the expedient and accurate posting of payments received, both manually and electronically. This position processes and posts a high volume of billing statements, updates account adjustments, and maintains records of account standings. The role involves monitoring patient and insurance accounts receivable.

Responsibilities

• Ensure notes, copies of EOBs, denials, and other correspondence are entered in the patient account.
• Accurately record payments and adjustments in the patient accounting system daily.
• Meet or exceed departmental productivity standards consistently.
• Serve as a member of the billing department team (Coding/Data Entry/etc.) and perform duties necessary to ensure team projects/goals are completed.
• Print, pull, and file Explanation of Benefits (EOBs).
• Apply insurance payments according to specific dates and procedures outlined in the EOB.
• Meet monthly closing deadlines as set by the organization.
• Work closely with the Billing Manager on reversals of payments, adjustments, and refunds.
• Research reimbursement and billing issues with management.
• Work and clear up any unapplied balances.
• Review insurance and patient accounts and request adjustments and/or refunds as appropriate.
• Cross-train to provide billing department coverage for any task needed to meet end-of-month deadlines.
• Stay current with rules, updates, or changes in state and federal regulations.
• Inform the Billing Manager of accounts receivable issues and their potential impact on the organization and reimbursement.
• Continually seek ways to improve the accounts receivable process for efficiency in daily operations.
• Participate in emergency and disaster response programs, including assignment to an emergency response team.

Requirements

• High school graduate or equivalent.
• Two years of experience in a medical office environment, including payment posting, work with Medicaid, Managed Care Organizations, commercial and other third-party payer claims submission, and appeals.
• Experience with medical and dental terminology, procedural and diagnostic coding (ICD, CPT, CDT, and HCPCS).
• Maintain compliance with HIPAA regulations.
• Good oral and written communication skills.
• Ability to deal professionally, courteously, and efficiently with the public and all levels of the organization.
• Ability to handle multiple projects simultaneously.
• Proficiency in operating computers, copiers, and fax machines.
• Proficient in practice management systems and Microsoft Office software applications.
• Basic accounting knowledge.