Payment Poster

Job Description

We are seeking a Payment Poster responsible for the expedient and accurate posting of

payments received. The ideal candidate will have at least two years of experience in

medical billing and payment posting, strong communication skills, and proficiency in using

practice management systems. Join our team to ensure timely and precise payment

processing, contribute to efficient billing operations, and maintain professional

knowledge in the evolving field of medical billing.

Accountabilities:

Payment Entry:

• Completes payment entry in a timely and accurate manner, including:
• Posts payments to the practice management system (Live checks, Credit Card payments,
  
  

and EFT deposits should all be posted within 48-72 hours of hitting the bank account).

• Records batch totals with date and initials on the payment receipt spreadsheet.
• Balances batches and runs transaction reports daily to confirm balancing to the
  
  

bank/practice management system.

• Verifies all EFT deposits and scanned checks have been posted by the end-of-month
  
  

closing date.

• Applies unapplied payments to the correct DOS by payer/customer.
• Identifies any payments not being paid at the allowed/contracted amount and
  
  

communicates this to the appropriate channels (Manager/Assigned billing

representative).

• Provides department coverage by being cross-trained to support other areas within the
  
  

billing department when needed.

• Maintains professional knowledge regarding medical billing, insurance carriers, federal
  
  

programs, etc.

Payment Information:

• Responsible for pulling payment remits from payment/payer portals to ensure payments
  
  

are posted to the correct payer and for the correct dates of service.

• Uploads payment remits to the payer (customer) folder on the billing or P drive.
  
  

Adjustments:

• Performs needed adjustments for bad debt/write-offs in the practice management
  
  

system in a timely and accurate manner (upon management approval).We are seeking a Payment Poster responsible for the expedient and accurate posting of

payments received. The ideal candidate will have at least two years of experience in

medical billing and payment posting, strong communication skills, and proficiency in using

practice management systems. Join our team to ensure timely and precise payment

processing, contribute to efficient billing operations, and maintain professional

knowledge in the evolving field of medical billing.

Adjustments:

• Performs needed adjustments for bad debt/write-offs in the practice management
  
  

system in a timely and accurate manner (upon management approval).