Payment Posting Specialist

Mile-Bluff-Medical-Center-; Mauston (WI); On-site; USD 42,000 - 54,000; Full time

Job summary

Mile Bluff Medical Center is seeking a Payment Posting Specialist to maintain accurate posting of government, commercial, and personal payments in the hospital billing system.

The role requires handling insurance and patient payments, reconciling cash, and ensuring compliance with HIPAA and payer regulations, with a standard weekday schedule and no weekend work.

Qualifications

• Requires high school diploma or equivalent.
• 1+ years of related work experience preferred.
• Experience working with insurance is beneficial.

Responsibilities

• Post insurance and patient payments into the hospital billing system accurately and timely.
• Post Insurance zero pay remittance advice.
• Post employee payroll deductions.
• Post payments from collection agencies.
• Apply contractual adjustments and write-offs per payer contracts and policies.
• Balance daily cash batches and reconcile deposits to bank remittance advice.

Skills

Attention to detail

Accuracy

Interpersonal communication

Analytical skills

Problem-solving

Computer proficiency

Insurance knowledge

Education

High school diploma

Job description

General Information

Job title: Payment Posting Specialist

Schedule: Full-time, 80 hours per pay period; Monday - Friday, 8:00am-4:30pm

Weekend rotation: No weekends

Holiday rotation: Paid holidays

Position Summary

The Payment Posting Specialist position maintains accurate posting of government, commercial, and personal payments to the appropriate system/ledger.

Position Responsibilities

• Post insurance and patient payments (EOBs, ERAs, lockbox, EFTs) accurately and timely into the hospital billing system.
• Post Insurance zero pay remittance advice.
• Post employee payroll deductions.
• Post payments received from collection agencies.
• Apply contractual adjustments and write-offs according to payer contracts and hospital policies.
• Balance daily cash batches and reconcile deposits to bank and medistream remittance advice.
• Identify and resolve posting discrepancies.
• Maintain compliance with HIPAA, hospital policies, and payer regulations.
• Collaborate with billing, denial management, and patient accounts teams.
• Assist with audit requests.
• File and scan daily posting batches.
• Maintain posting productivity and accuracy standards.
• Maintain compliance with HIPAA, hospital policies, and payer regulations.
• Perform other duties as requested.

Position Requirements

• High school diploma or equivalent required.
• 1+ years of related work experience preferred.
• Experience working in insurance preferred.
• Exceptional accuracy and attention to detail required.

Knowledge, Skills, & Abilities

• Intermediate proficiency with computers is required.
• Knowledge of insurance is beneficial.
• Strong quantitative and analytical competency.
• Self-starter with excellent interpersonal communication and problem-solving skills.