Payment Poster

LifeBridge Health; Owings Mills (MD); On-site; USD 25,000 - 37,000; Full time

Benefits offered by this job

Medical, dental, and vision insurance

403(b) retirement plan

Tuition reimbursement

Paid time off

Free on-site parking

Job summary

LifeBridge Health is seeking a Cash Posting Specialist to join our finance team. Under minimal supervision, you post cash receipts and rejections from all payors in the Hospital Information System, balance daily, and reconcile with the Finance Department.

You will process payments, read EOBs, post to patient accounts, run reports in Excel, and coordinate with Patient Financial Services and vendors to resolve posting issues.

Qualifications

• 1-3 years of experience with payment posting or banking.
• Experience reading Explanation of Benefits statements preferred.
• Associate's degree preferred.

Responsibilities

• Post payments and rejections from all payors in the Hospital Information System.
• Balance and reconcile cash receipts daily.
• Process credit card payments and deposits.

Skills

Cash handling

Excel

Payment posting

Reconciliation

Banking experience

Education

Associate's degree

Job description

About the Role

Under minimal supervision, posts cash receipts and rejections from all payors in the Hospital Information system in an accurate and timely manner in accordance with departmental policies. Performs daily balancing to ensure all receipts are reconciled and in agreement with the Finance Department.

Key Responsibilities

• Under minimal supervision, utilizes the appropriate systems and procedures to process and post payments, reconcile payments, complete Excel spreadsheet, and run reports.
• Cashier functions such as credit card processing and completing deposits.
• Read and understand paper insurance remittance to the hospital/facility.
• Ensures payments, adjustment and denial transactions are accurately posted and reconciled according to the department specifications.
• Totals transactions on Explanation of Benefits and Electronic Remittance Advice and verifies that balances total all the respective deposits.
• Importing of Electronic Remittance Advice from vendor into system for posting.
• Retrieve payment information from banks.
• Receives payments from lockbox, 835 and mail, posts payments to appropriate patient accounts.
• Ensures manual and electronic financial transactions are posted accurately daily.
• Posts transfer request memos and applies payment to correct patient visit and/or account number.
• Coordinates with Patient Financial Services, remittance vendors, information systems and others as needed to resolve posting issues. Resolves unidentified payments.
• Reconciles cash daily.
• Completes reports accurately and timely.
• Ensures documents are prepared, batched and scanned timely.
• Prepares documents for scanning; creates batches according to procedure.
• Reports operational and equipment issues to management.

Requirements

Education

Associate's degree preferred

Experience

1-3 years of experience with either payment posting or banking experience. Prefer experience with reading Explanation of Benefits statements. Hours 6 am to 2:30 pm or 7 am to 3:30 pm. Hours may vary Pay

Range: $18.00 to $27.29 Based On Experience

Benefits

• Medical, dental, and vision coverage starting the first of the month after hire, plus wellness programs and mental health support
• 403(b) retirement plan with employer match, pension, and life and disability insurance
• Tuition reimbursement toward advanced degrees and specialty certifications
• Generous paid time off, fitness discounts, and free on-site parking

About Sinai Hospital

Sinai Hospital of Baltimore is a nationally recognized academic medical center, a designated Level II Trauma Center, and the largest community hospital in Maryland. As part of LifeBridge Health - one of the region's most comprehensive healthcare systems - Sinai delivers advanced care with a mission to improve the health of the communities we serve, and to take care of the people who take care of patients.

About LifeBridge Health

LifeBridge Health is a dynamic, purpose-driven health system redefining care delivery across the mid-Atlantic and beyond, anchored by our mission to "improve the health of people in the communities we serve." Join us to advance health access, elevate patient experiences, and contribute to a system that values bold ideas and community-centered care.

With over 14,000 employees, 130 care locations, and two million annual patient encounters, we combine strategic growth, innovation, and deep community commitment to deliver exceptional care anchored by five leading centers in Maryland.

Our organization thrives on a culture of CARE BRAVELY-where compassion, courage, and urgency drive every decision, empowering teams to shape the future of healthcare.

LifeBridge Health complies with applicable Federal civil rights laws and does not discriminate on the basis of race, color, national origin, age, disability, sex or sexual orientation and gender identity/expression. LifeBridge Health does not exclude people or treat them differently because of race, color, national origin, age, disability, sex or sexual orientation and gender identity/expression.