Payment Posting Analyst

Kennedy Krieger Institute, Inc.; Baltimore (MD); On-site; USD 40,000 - 66,000; Full time

Job summary

Kennedy Krieger Institute, Inc. in Baltimore, MD, is seeking a Payment Posting Analyst to support the Patient Accounting department with posting of electronic payments and related files.

The role involves analyzing payer posting trends, improving policies, coordinating daily wires and lockboxes, and ensuring accurate posting in the billing system; CRCS certification is required within one year of hire. A related accounting/finance education is preferred.

Qualifications

• Experience in medical payment posting preferred.
• Experience with archiving electronic data and using scanners, printers and related equipment preferred.
• Minimum of one year in an office setting supporting administrative operations preferred.
• Prior experience in a billing office preferred.
• Experience with Provider-Level Adjustments preferred.

Responsibilities

• Review payer posting problems and trends; determine if further action or analysis is needed.
• Develop strategies to improve policy development and operating procedures for payment posting.
• Coordinate daily posting of wires/lockboxes and ensure cash and card payments are posted to the billing system daily.
• Assist staff with obtaining and updating National Provider Identifier numbers.
• Prepare monthly reconciliation reports for Finance and analyze discrepancies for posting accuracy.
• Maintain assigned work queues and reconcile undistributed and PLB accounts monthly.
• Assist staff with locating EOBs and payment backup.
• Review and respond to payment posting inquiries.
• Collaborate with Epic team to identify and resolve load/process errors and analyze payments in Epic.
• Answer department phone calls.
• Research, escalate, and resolve payment posting issues and discrepancies.
• Complete special projects to support Patient Accounting and Finance.

Skills

Payment posting experience

Data archiving

Office administration

Provider-Level Adjustments

Education

Associate degree

60 college credits in Accounting/Finance/Business Admin

CRCS certification within 1 year

Job description

Overview

The Payment Posting Analyst is responsible for supporting the Patient Accounting department with a wide variety of technical and office support needs, including the orderly archiving and processing of electronic payments and files. This staff member will work with management and staff to identify trends and process improvement opportunities in the payment posting function of patient accounting.

Responsibilities

1. Review and analyze payer posting-related problems and trends. Assist in determining whether further action is required for resolution or if additional analysis is required.

2. Prepare and develop strategies to improve policy development and standard operating procedures for payment posting.

3. Coordinate and organize the payment posting of daily wires and lockboxes and ensure daily cash and credit card payments are posted into the billing system daily.

4. Assist Kennedy Krieger Institute staff with obtaining and updating their National Provider Identifier numbers.

5. Prepare and complete monthly reconciliation reports for Finance. Analyze reports for discrepancies to ensure posting accuracy.

6. Work through and maintain assigned work queues.

7. Reconcile undistributed and Provider-Level Adjustments (PLB) accounts monthly.

8. Assist Patient Accounting staff with locating Explanations of Benefits (EOBs) and payment backup.

9. Review and respond to payment posting inquiries.

10. Work with Epic team to identify and resolve any load or process errors and analyze payment information in Epic for accuracy.

11. Answer incoming department phone calls.

12. Research, elevate, and resolve any payment posting issues and discrepancies.

13. Complete special projects as needed to support the Patient Accounting and Finance departments.

Qualifications

QUALIFICATIONS:

Must obtain CRCS certification within one year of hire date.

EDUCATION:

• Associate degree or High School Diploma/GED with at least 60 college credits in Accounting, Finance, Business Administration, or related discipline required.

• Bachelor’s degree preferred.

EXPERIENCE:

• Previous experience in medical payment posting is preferred.

• Some experience with archiving electronic data and using hardware such as scanners, printers, and related computer equipment preferred.

• Minimum of one year of experience in an office setting and supporting administrative and clerical office operations preferred.

• Previous experience in a billing office is preferred.

• Prior experience working with Provider-Level Adjustments preferred.

Minimum pay range

USD $40,043.12/Yr.

Maximum pay range

USD $66,204.53/Yr.

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Vacancy ID 13445

Pos. Category Professional/Management

Job Location : Street 1741 Ashland Ave

# of Hours 40.00

Job Locations US-MD-Baltimore

Pos. Type Regular Full Time

Department : Name Patient Accounting

Equal Opportunity Provider & Employer M/F/Disability/ProtectedVet