Payment Posting Specialist

Job Title: Payment Posting Specialist

Job Duration: 04 Months Contract (Possible Extension)

Location: Houston, TX 77067

**Onsite Role**

Duties:

Job Summary:

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.

Major Responsibilities:

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

Job Requirements:

Must have a solid foundation in the posting cycle, and how it operates.

Education:

High School Diploma required.

Preferred: Associate degree in business, Finance, Health Information Management, or related field.

Work Experience:

Minimum 3-5 years of experience in a healthcare revenue cycle or clinic operations role.

Xifin experience

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.