Payment Poster

Responsibilities

• Posts and allocates all payments per explanation of benefits to patient accounts for commercial, contract, and government payers
• Posts adjustments as on the approved list and per explanation of benefits
• Ensures there are no variances in batches posted and all reports turned in prior to day end process
• Ensures all posted lockbox batches are scanned and indexed daily to the appropriate patient accounts
• Reconciles EFT (Electronic Funds Transfers) and posts appropriate payments and allocation
• Identifies and reconciles Unapplied account balances where necessary
• Posts all denials received with appropriate reason codes
• Performs other duties as assigned

Qualifications

• High School diploma or GED required
• At least two years of experience in a health/medical billing and collection office
• Ability to use copier, fax machine, printer, calculator and multi-line telephone
• Proficient with computers with an understanding of medical billing software
• Extensive knowledge of medical terminology as well as knowledge of government and private insurer rules and regulations
• Advanced knowledge of CPT, ICD-9 and HCPCS coding as well as in-depth knowledge of medical billing requirements
• Working knowledge of Microsoft Outlook, Word and Excel
• Utilize the internet, specifically Medicare and Medicaid websites
• Maintain confidentiality in regards to HIPAA rules and regulations, as well as private company matters