Job Description

Key Responsibilities

Posting Payments:

Electronically or manually posting payments from insurance companies (EOBs) and patients to the correct accounts and line items.

Reconciliation:

Balancing payment batches against bank deposits and ensuring all received funds are accounted for.

Denial & Adjustment Handling:

Applying contractual adjustments and correctly posting denials for further action.

Account Updates:

Updating patient balances and generating statements for patient responsibility.

Error Resolution:

Investigating and resolving payment discrepancies or posting errors.

Reporting:

Identifying payer trends and reporting issues to accounting.

Essential Skills & Qualifications

Accuracy & Detail-Oriented:

Critical for handling financial data.

Computer Proficiency:

Experience with practice management software (e.g., https://www.google.com/search?q=Allscripts&rlz=1C1CHBD_enIN1090IN1090&oq=payment+posting+JD&gs_lcrp=EgZjaHJvbWUqDQgBEAAYhgMYgAQYigUyBggAEEUYOTINCAEQABiGAxiABBiKBTINCAIQABiGAxiABBiKBTINCAMQABiGAxiABBiKBTIHCAQQABjvBTIKCAUQABiABBiiBDIKCAYQABiABBiiBDIHCAcQABjvBdIBCDY5NjdqMGo3qAIAsAIA&sourceid=chrome&ie=UTF-8&ved=2ahUKEwiZyYn4p_6RAxUCRmwGHRyEH7wQgK4QegYIAQgAEB8), Windows, and email. https://www.google.com/search?q=Accounting%2FFinance+Basics&rlz=1C1CHBD_enIN1090IN1090&oq=payment+posting+JD&gs_lcrp=EgZjaHJvbWUqDQgBEAAYhgMYgAQYigUyBggAEEUYOTINCAEQABiGAxiABBiKBTINCAIQABiGAxiABBiKBTINCAMQABiGAxiABBiKBTIHCAQQABjvBTIKCAUQABiABBiiBDIKCAYQABiABBiiBDIHCAcQABjvBdIBCDY5NjdqMGo3qAIAsAIA&sourceid=chrome&ie=UTF-8&ved=2ahUKEwiZyYn4p_6RAxUCRmwGHRyEH7wQgK4QegYIAQgAECE Understanding of bank reconciliation and basic accounting principles.

Healthcare Knowledge:

Familiarity with EOBs, CPT/ICD codes, and third-party payers (Medicare, insurance plans) is often required.

Problem-Solving:

Ability to analyze discrepancies and determine next steps.

Communication:

Good oral and written skills for collaborating with teams.

Common DutiesProcessing credit card payments. Working high-volume data entry tasks. * Collaborating with billing or follow-up teams.