Job Title: Payment Posting Specialist
Job Duration: 04 Months Contract (Possible Extension)
Location: Houston, TX 77067
The position of a Payment Poster is to oversee payment intake and post-payment reconciliation processes.
In this role, you will manually and electronically process and post a high volume of billing statements while updating account adjustments and keeping records of account standings.
Accept payments and process billing statements.
Keep track of payment deposits from patients and insurance reconciling details
Prepare payment batches.
Conduct audits for billing cycles.
Assess explanation of benefits (EOBs) from insurance companies
Keep accurate billing records and report any discrepancies to accounting.
Posts all payments and adjustments daily.
Contacts payer and initiates a request for payment.
Initiates refunds of identified overpayments.
Performs appropriate follow-up with the payer for payment.
Submits underpayments and overpayment information to the appropriate Collector for follow-up.
Performs weekly allocation of deposits.
Required Skills, Knowledge, and Abilities:
Advanced analytic ability
Ability to make good judgments in demanding situations.
Ability to react to frequent changes in duties and volume of work.
Effective communication skills
Ability to listen empathetically.
Ability to logically and accurately organize details.
Ability to manage multiple tasks with ease and efficiency.
Self-starter with a willingness to try new ideas.
Ability to work independently and be result-oriented.
Positive, can-do attitude coupled with a sense of urgency.
Effective interpersonal skills, including the ability to promote teamwork.
Strong problem-solving skills
Ability to ensure a high level of customer satisfaction including employees, patients, visitors, faculty, referring physicians and external stakeholders.
Ability to use various computer applications including Xifin
Excellent PC operating skills (keyboard, mouse) and use of MS Office
Broad knowledge of healthcare business office practices and principles
Basic math skills and knowledge of general accounting principles
Knowledge of medical and insurance terminology, CPT, ICD coding structures, and billing forms (UB, 1500)
Maintain confidentiality of sensitive information
Must have a solid foundation in the posting cycle, and how it operates.
High School Diploma required.
Preferred: Associate degree in business, Finance, Health Information Management, or related field.
Minimum 3-5 years of experience in a healthcare revenue cycle or clinic operations role.
Three years of experience in a healthcare revenue cycle, specific to the area of expertise (I.e. IDTF, Trans telephonic and Electronic Monitoring Service (e.g., 24-hour ambulatory EKG monitoring, pacemaker monitoring and cardiac event detection) or client billing.
Sitting for extended periods of time will be required.
Use of hands repetitively to type, handle, and operate standard office equipment will be required.
Employee will work under typical office conditions.
All employees must pass a drug test and must have valid proof of eligibility to work in the USA.