Payment Posting Analyst (FT- 1.0 FTE, Day Shift)

Bozeman Health; Bozeman (MT); On-site; USD 42,000 - 62,000; Full time

Job summary

Bozeman Health is seeking a Payment Posting Analyst to ensure accurate posting of payments and maintain revenue integrity. You will reconcile payments, apply adjustments, and verify ledger accuracy while coordinating with billing, collections, and finance teams.

The role requires a high school diploma; an associate’s degree and 1 year of healthcare billing experience are preferred. Flexibility with scheduling may be required.

Qualifications

• High School Diploma or equivalent required.
• Associate’s degree preferred.
• One year healthcare billing experience preferred.

Responsibilities

• Post payments from insurance companies, patients, and third-party payers to patient accounts, ensuring accuracy in both the system and ledger balances.
• Apply contractual adjustments, write-offs, and denials per payer contracts and Bozeman Health policies.
• Reconcile NSF checks and lost payments.
• Reconcile posted payments with bank records and deposits.
• Review daily posting reports to identify discrepancies or errors and correct them when possible.
• Ensure compliance with HIPAA and other healthcare regulations.
• Collaborate with billing and collections teams to resolve payment-related issues and ensure proper allocation of payments.

Skills

Communication skills

Attention to detail

Verbal communication

Written communication

Professional demeanor

Confidentiality

Education

High School Diploma or Equivalent

Associate’s degree

Job description

The Payment Posting Analyst plays a critical role in the healthcare revenue cycle by ensuring all payment activities are completed accurately and efficiently to all payment records. The Payment Posting Analyst work closely with billing, collections, and finance areas to ensure smooth operations and revenue flow. Conduct research through payer portals to identify missing remittances.

Required

Minimum Qualifications:

• High School Diploma or Equivalent

Preferred

• Associate’s degree
• One (1) year of healthcare billing experience

Essential Job Functions

In addition to the essential functions of the job listed below, employees must maintain timely completion of all required education, trainings, and certifications as assigned and in accordance with Bozeman Health policies, department-specific requirements, applicable certification program and registry requirements, and other applicable regulatory requirements.

• Participate as a member of the payment posting team, ensuring all activities are completed accurately and efficiently.
• Post payments from insurance companies, patients, and third-party payers to patient accounts, ensuring accuracy in both the system and ledger balances.
• Apply contractual adjustments, write-offs, and denials as needed in compliance with payer contracts and Bozeman Health policies.
• Reconcile NSF checks and lost payments.
• Reconcile posted payments with bank records and/or deposits.
• Review daily posting reports to identify discrepancies or errors, preferably correcting them before end of day.
• Ensure compliance with federal, state, and payer regulations, including HIPAA and other healthcare policies.
• Assist with identifying trends, discrepancies, and areas for improvement.
• Collaborate with the billing and collections teams to resolve payment-related issues and ensure proper allocation of payments.
• Maintain current knowledge of processes and communicate with leaders and applicable departments
• Conduct research through payer portals to identify missing remittances.
• Other related duties and responsibilities as assigned.

Knowledge, Skills And Abilities

• Demonstrate sound judgment, patience, and maintain a professional demeanor at all times
• Exercise tact, discretion, sensitivity, and maintains confidentiality
• Perform essential job functions successfully in a fast-paced environment
• Learn current and new computer applications and office equipment utilized at Bozeman Health
• Strong interpersonal, verbal, and written communication skills
• Analyze, organize, and prioritize work while meeting multiple deadlines
• Demonstrate the Bozeman Health SPIRIT values of: Service, People, Integrity, Respect, Improvement, and Teamwork.

Schedule Requirements

• This role requires regular and sustained attendance.
• The position may necessitate working beyond a standard 40-hour workweek, including weekends and after-hours shifts.
• On-call work may be required to respond promptly to organizational, patient, or employee needs.

Physical Requirements

Lifting (Rarely – 30 pounds): Exerting force and/or using a negligible amount of force to lift, carry, push, pull, or otherwise move objects or people.

Sit (Continuously): Maintaining a sitting posture for extended periods may include adjusting body position to prevent discomfort or strain.

Stand (Occasionally): Maintaining a standing posture for extended periods may include adjusting body position to prevent discomfort or strain.

Walk (Occasionally): Walking and moving around within the work area requires good balance and coordination.

Climb (Rarely): Ascending or descending ladders, stairs, scaffolding, ramps, poles, and the like using feet and legs; may also use hands and arms.

Twist/Bend/Stoop/Kneel (Occasionally): Twisting, bending, stooping, and kneeling require flexibility and a wide range of motion in the spine and joints.

Reach Above Shoulder Level (Occasionally): Lifting, carrying, pushing, or pulling objects as necessary above the shoulder, requiring strength and stability.

Push/Pull (Occasionally): Using the upper extremities to press or exert force against something with steady force to thrust forward, downward, or outward.

Fine-Finger Movements (Continuously): Picking, pinching, typing, or otherwise working primarily with fingers rather than using the whole hand as in handling.

Vision (Continuously): Close visual acuity to prepare and analyze data and figures and to read computer screens, printed materials, and handwritten materials.

Cognitive Skills (Continuously): Learn new tasks, remember processes, maintain focus, complete tasks independently, and make timely decisions in the context of a workflow.

Exposures (Rarely): Bloodborne pathogens, such as blood, bodily fluids, or tissues. Radiation in settings where medical imaging procedures are performed. Various chemicals and medications are used in healthcare settings. Job tasks may involve handling cleaning products, disinfectants, and other substances. Infectious diseases due to contact with patients in areas that may have contagious illnesses.

• Frequency Key: Continuously (100% - 67% of the time), Repeatedly (66% - 33% of the time), Occasionally (32% - 4% of the time), Rarely (3% - 1% of the time), Never (0%).

The above statements are intended to describe the general nature and level of work being performed by people assigned to the job classification. They are not to be construed as a contract of any type nor an exhaustive list of all job duties performed by individuals so classified.