The Robert Half Healthcare Practice is working with a prominent healthcare organization in the Indianapolis Area to find a Medical Payment Posting Specialist to join their team.
Hours: Monday - Friday 8am - 4:30pm
Responsibilities for the position include the following:
- Apply patient payments to the correct line item charges within the medical billing system.
- Ensure timely processing of payments received through various channels (cash, check, credit card, etc.).
- Reconcile discrepancies between patient payments and system records.
- Maintain accurate and up-to-date patient account information.
- Promptly address account adjustments and updates while upholding data integrity.
- Research and resolve discrepancies in patient billing statements.
- Analyze explanation of benefits (EOBs) from insurance companies, patients, and government agencies.
- Distribute payments based on EOB instructions and patient financial responsibility.
- Research and resolve denied or underpaid claims.
- Balance daily lockbox deposits and electronic remittance advices (ERAs) with system records.
- Identify and investigate discrepancies in financial reports.
- Prepare reconciliation reports for accounting purposes
- May include customer service interaction with patients regarding billing inquiries and concerns.
- Staying updated on healthcare billing regulations and coding practices.
- Maintaining a high level of accuracy and attention to detail in all tasks.
- Posting experience in all carrier types required
- Understanding of EOBs