Payment Poster

Elevate ENT Partners; United States; On-site; USD 40,000 - 55,000; Full time

Job summary

A healthcare company in the United States is seeking a Payment Poster responsible for accurately posting payments to the accounts receivable system. The ideal applicant should have at least 3 years of payment posting experience and a high school diploma, along with knowledge in medical billing and billing software. This position offers an opportunity to ensure the accuracy of payment processes and requires attention to detail and problem-solving skills.

Qualifications

• 3 years of payment posting experience is required.
• Previous experience in a fast-paced medical office environment.
• Additional coursework in medical billing is beneficial.

Responsibilities

• Post payments accurately in the A/R system.
• Reconcile payments and resolve discrepancies.
• Generate necessary reports for payment responsibilities.

Skills

Ability to interpret payer denial/remark codes

High accuracy and timeliness in entering payments

Education

High School Diploma or Equivalent

Additional coursework in medical billing

Tools

Medical/dental billing software systems

Job description

The Payment Poster is responsible for all aspects of posting payments to accounts receivable (A/R) system.

You Will Be Responsible For

• Understanding payer EOBs including patient responsibilities, contractual, interest amounts, denial/remark codes, etc.
• Recognize payments and retractions from all payers and apply the appropriate payment codes, source codes, remark codes, etc. to patient accounts.
• Enter payments and refunds for all payors and business lines in an accurate and timely fashion.
• Ensure proper payment and refund posting based on EOB and bank deposit reconciliation.
• Identify problems in the payment posting process to prevent future errors.
• Alert the manager/director of any difficulties incurred during the payment posting and reconciliation process.
• Accurately enter payments and refunds for private/federal insurance and HCS payers by adhering to set protocols and guidelines, ensuring proper co‑pays, deductibles, co‑insurance, and fee schedule adjustments are properly allocated and posted.
• Reconcile payments back to the bank sheet daily, weekly, and monthly.
• Balance all payment batches and identify patient responsibilities, contractual, denials, interest payments, etc. from the EOB.
• Identify and resolve discrepancies on the bank reconciliation sheet.
• Generate necessary reports for each job responsibility.

We’re seeking an exceptional, self‑directed and detail‑oriented professional with:

• Ability to interpret various payer denial/remark codes into ANSI standard codes for payment posting.
• High accuracy and timeliness in entering payments and refunds.

Qualifications

• 3 years of payment posting experience (required).
• High School Diploma or Equivalent.
• Additional coursework in medical billing.
• Previous experience with medical/dental billing software systems.
• 3-5 years in a fast‑paced medical office environment.

Preferred Education and Experience

• College degree preferred (years of experience may be substituted).
• Understanding of insurance explanations of benefits (EOBs) and basic accounting principles.
• Reconcile bank deposits to ERA & credit card deposits received.
• Scanning EOBs into system.

Must Have Experience Posting Payments From

• Bank Lockbox
• Electronic Remittance Advice
• Credit Card Merchants
• Live patient checks