PAYMENT POSTING SPEC

About Us

At Cooper University Health Care, our commitment to providing extraordinary health care begins with our team. Our extraordinary professionals are continuously discovering clinical innovations and enhanced access to the most up-to-date facilities, equipment, technologies and research protocols. We have a commitment to our employees to provide competitive rates and compensation programs. Cooper offers full and part-time employees a comprehensive benefits program, including health, dental, vision, life, disability, and retirement. We also provide attractive working conditions and opportunities for career growth through professional development.

Short Description

Responsible for performing accurate and timely payment posting functions and utilizing Cash Management in Epic. Process and accept EDI electronic remittance files. Work and resolve any errors in Remittances Runs to successfully post payments. Manually post insurance payments and credit card payments as needed. Post recoupments and rejections; close and process payment/rejection batches. Resolve any deposits that cannot be posted in a timely manner. Post correct remit codes to facilitate account work queue follow up by the appropriate team. Communicate with team members, insurance companies, third party payers and others as needed. Provide training to other team members as needed relating to posting payments and rejections manually and electronically in all active systems. Perform general clerical duties and special projects as assigned. Attend and participate in meetings/trainings as deemed necessary.

Experience Required

• 1 to 2 years health care accounts receivable, billing and payment posting experience.
• Knowledge in reading explanation of benefits (EOB) and CPT codes.
• Knowledge of electronic payment remittances (EDI) process.
• Knowledge of Standard PC and Standard PC operating systems such as Microsoft Office.
• Basic coding knowledge, medical terminology, reimbursement analysis, experience with appeals process, credit balances and billing regulations.
• Excellent problem solving skills.

Education Requirements

• A High School Diploma or Equivalent required.