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Payment Poster
Payment PosterPRECISION ORTHOPEDICS AND SPORTS MEDICINE LLC • Fulton, MD, US
Payment Poster

Payment Poster

PRECISION ORTHOPEDICS AND SPORTS MEDICINE LLC • Fulton, MD, US
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Job Description

Job Description

About the Role :

The Payment Poster plays a crucial role in the healthcare and social assistance industry by ensuring that all payments are accurately recorded and reconciled in a timely manner. This position is responsible for posting payments from various sources, including insurance companies and patients, to the appropriate accounts. The successful candidate will work closely with billing and collections teams to resolve discrepancies and ensure that financial records are up-to-date. By maintaining accurate payment records, the Payment Poster helps to support the overall financial health of the organization. Ultimately, this role contributes to the efficient operation of healthcare services, allowing providers to focus on delivering quality care to patients.

Minimum Qualifications :

  • High school diploma or equivalent.
  • Proven experience in payment posting or a similar role within the healthcare industry.
  • Strong understanding of medical billing and coding processes.

Preferred Qualifications :

  • Associate's degree in finance, accounting, or a related field.
  • Experience with electronic health record (EHR) systems and billing software.
  • Knowledge of insurance verification and claims processing.
  • Responsibilities :

  • Post payments received from insurance companies and patients to the appropriate accounts in the billing system.
  • Reconcile payment discrepancies by reviewing remittance advice and contacting payers or patients as necessary.
  • Collaborate with the billing department to ensure accurate and timely processing of payments and adjustments.
  • Maintain organized records of all payment transactions and ensure compliance with relevant regulations and policies.
  • Assist in generating reports related to payment posting and account reconciliation for management review.
  • Skills :

    Attention to detail is essential for accurately posting payments and reconciling accounts, as even minor errors can lead to significant discrepancies. Strong analytical skills are utilized daily to identify and resolve payment issues, ensuring that all transactions are correctly recorded. Effective communication skills are important for collaborating with team members and addressing any questions or concerns from payers or patients. Proficiency in using billing software and EHR systems is necessary to efficiently manage payment records and generate reports. Additionally, organizational skills are crucial for maintaining accurate documentation and ensuring compliance with industry regulations.

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    Payment Poster • Fulton, MD, US

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