Payment Poster

About the role

Bristol Surgery Center, a leading multispecialty surgery center dedicated to providing exceptional patient care, is seeking a dynamic and versatile individual to join our team as a Full-Time Payment Poster. This position offers a unique opportunity to contribute to various aspects of the business office, including front desk operations and payment posting.

Responsibilities

• Posts insurance and patient payments into the PAS per our contract and the EOB
• Possess strong knowledge in centers Managed Care contracts to accurately calculate insurance allowable
• Ensures appropriate documentation of payments, allowances, denial, rejections, are recorded on individual accounts and balanced daily
• Correct all payment and other rejections within 7 calendar days or continue to document efforts to resolve each account
• Print insurance aging reports weekly and review all accounts monthly
• Place comments in the account for explanation of any discrepancies in payment
• Notifies the collector(s) of any appeals
• Identifies any immediate refunds and requests them per our policy and procedures
• Applies all other overpayments to the account and sends a letter of overpayment to insurance company
• Accurately post payments, including insurance, patient, and third-party payments, to the appropriate accounts
• Reconcile payments with corresponding invoices and billing records
• Investigate and resolve discrepancies or payment-related issues promptly
• Verify the accuracy of payment information, including patient demographic and insurance details
• Assist with the processing of refunds or adjustments when necessary
• Maintain organized and up-to-date payment records and reports
• Collaborate with billing and financial teams to ensure accurate financial data
• Adhere to strict financial compliance and privacy regulations
• Assist with front desk operations as needed

Qualifications

• High school diploma or equivalent
• Minimum 1-2 years of medical payment posting, medical billing, or revenue cycle experience
• Knowledge of EOBs and ERAs
• Ability to accurately post insurance and patient payments
• Knowledge of healthcare revenue cycle processes, including payment posting, adjustments, denials, and reconciliations
• Experience identifying and researching posting discrepancies
• Basic understanding of medical terminology
• Strong data entry skills with a high level of accuracy and attention to detail
• Proficiency with electronic health records (EHR) and billing systems

Benefits

• Medical, dental, vision, and prescription coverage
• Life and AD&D coverage
• Availability of short- and long-term disability
• Flexible financial benefits including FSAs and HSAs
• 401(k) and access to retirement planning
• Paid holidays and vacation