CBO Medical Payment Poster

CBO Medical Payment Poster

This role is 100% onsite in Bethesda, MD.

Primary Responsibilities

• Accepts payments and processes billing statements in timely and accurate manner.
• Monitors payment deposits from patients and insurance reconciling details.
• Prepares payment batches and conducts regular audits for billing cycles.
• Assesses explanation of benefits (EOBs) from insurance companies.
• Maintains accurate billing records and reports any discrepancies to accounting.
• Develops and reviews reports with the assigned Billing Relations Manager.
• Verifies all EFT deposits and scanned checks have been posted by month end.
• Effectively communicates and documents payment denials in the practice management system and to the appropriate billing specialist in a timely manner.
• Works effectively across multiple CBO teams always exuding professionalism and efficient communication skills to ensure maximum and timely revenue entry.
• Maintains professional knowledge regarding medical billing, coding procedures, payor processes, Medicare / Medicaid processes, etc.
• Handling and sorting in house correspondences for appeals, denials, and medical records.
• Performs all other duties as assigned.

Required Education and Experience

Competencies / Required Skills and Abilities

Physical Demands

Equal Opportunity Employer This employer is required to notify all applicants of their rights pursuant to federal employment laws.