Medical Payment Poster

Our client is seeking a Medical Payment Poster to support their department. This is a direct hire role, offering $21-$23 hourly.

Role: Medical Payment Poster

Location: Irving, TX 75038

Hours: M-F 8-5

Pay Rate: $ 21 - $ 23 / hour

Job Duties:

1. Payment Entry:

• Completes payment entry in a timely and accurate manner including:
• Posts payments to practice management system (live checks within 24 hours, Online Credit Card payments the next business day, EFT deposits within 72 hours)
• Records batch totals with date and initials on payment receipt spreadsheet
• Balances batches and runs transaction reports
• Verifies all EFT deposits and scanned checks have been posted by month end
• Properly communicates and documents payment denials in the practice management system and to the appropriate billing representative in a timely manner.
• Identifies any payments not being paid at the allowed/contracted amount and communicates this to the appropriate billing representative – AR and/or Supervisor.
• Batches patient statements electronically on a weekly basis
• Creates invoices for attorney fees and communicates with physician office upon receipt of payment.
• Post all personal, insurance and liability payments from Remittance and EOB’s to appropriate accounts with minimum errors;
• Apply manual payments and auto payments to accounts for payor types of Medicare, Medicaid and Commercial Insurances;
• Analyze EOB information, including co-pays, deductible, co-insurance, contractual adjustments, denials and more to very accuracy of patient balances;
• Scan all EOB’s into system and creates hardcopy file for original EOB's by day;
• Add appropriate ANSI denial codes and comments to assure all necessary appeals and post payment follow up can take place;
• Investigate the source of unidentified payment to ensure they are applied to appropriate accounts. If necessary will contact the sender to clarify where the payment should be posted;
• Reconcile shortage on both paper and electronic EOBs to determine proper allowance and correct write off;
• Assist in updating the Direct Deposit Daily;
• Assist in performing comparison of downloaded files to the Direct Deposit and correct any discrepancies;
• Assist in setting up Electronic Remittance Advices (ERA) for Commercial and Medicare payors;
• Assist in running and balancing credit cards daily;
• Send all batch reconciliation information to the Finance department;
• Assist in performing check deposits and assembling logs daily;
• Contact patients, insurance or third party administrators when clarification of information is needed to successfully post payment;
• Handle telephone questions and concerns from customers; ensures complaints and inquiries are recorded and reported to management;
• Report all Medicare credits quarterly to Medicare on appropriate form and supplies all supporting documentation;
• Work on recoupment accounts to settle;
• Follow up with outstanding A/R all payers and/or including self-pay and/or including resolution of denials;
• Read, analyze, and interpret common scientific or technical information, financial reports and legal documents;
• Research inquiries in a professional and courteous manner and work with Accounts Receivable team members, to identify and resolve escalated customer concerns in a timely manner, potentially without direct Supervisor oversight. Partner with Team Lead and Supervisor to develop solutions to repeat customer concerns;
• Act as point of contact for the team when Supervisor/Manager/Team Lead are unavailable;
• Perform other duties as assigned
• Identify accounts that have secondary payer and take the appropriate action to ensure secondary billing is complete.
• Inputs all zero payment vouchers and insurance rejections from all payer sources in a timely manner

2. Department Coverage:

• Cross trained to provide department coverage in charge entry.
• Maintains professional knowledge regarding medical billing and coding procedures, insurance carriers, federal programs, etc.

Qualifications:

• 3+ years of experience in Medical Payment posting
• Specialty experience required

Why choose Addison Group?

• Pay: We negotiate high salaries using the US Bureau of Labor Statistics.
• Benefits & Bonuses: You are eligible for medical, dental, vision insurance benefits, and 401k.
• Permanent Employment: Many of Addison's job openings lead to potential permanent employment.
• Connections: You connect directly with hiring managers.
• Options: You are presented multiple employment options near your home.
• Professional Development: You are provided hiring process advice, resume revision, and employment term negotiation
• Equipment Provided

Addison Group is an Equal Opportunity Employer. Addison Group provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, genetic information, marital status, amnesty, or status as a covered veteran in accordance with applicable federal, state and local laws. Addison Group complies with applicable state and local laws governing non-discrimination in employment in every location in which the company has facilities. Reasonable accommodation is available for qualified individuals with disabilities, upon request.