Payment Posting Specialist

MPOWERHealth; West Conshohocken (PA); On-site; USD 40,000 - 55,000; Full time

Job summary

MPOWERHealth is hiring a Payment Posting Specialist in West Conshohocken, PA. This role involves accurately posting patient and insurance payments in a high-volume environment, while also managing related functions and ensuring compliance with internal protocols.

The ideal candidate requires a high school degree and preferably two years of experience. Excellent communication skills and a good understanding of health insurance are essential. The role offers an opportunity to work in a collaborative environment with a focus on achieving departmental goals.

Qualifications

• 2 years of related experience preferred.

Responsibilities

• Posting patient and insurance payments to accounts accurately.
• Handle additional payment-related functions as necessary.
• Retrieve checks from payer and enter payments into billing software.
• Follow internal payer protocols and guidelines.
• Run and analyze balancing report for accurate posting.
• Meet monthly post goals and deadlines.
• Participate in team efforts to achieve company goals.
• Build billing spreadsheets in Microsoft Excel.

Skills

Excellent communicator

Knowledge of health insurance

Experience with ERAs and EOB

Organized and able to focus

Identify account problems and patterns

Able to learn and utilize systems

Education

High School degree or equivalent

Job description

JobSummary

ThePayment PostingSpecialist is responsible for accurately postingpatient and insurance payments to patient accounts.

EssentialJobDutiesandResponsibilities

• Posting patient and insurance payments to patient accounts with a high degree of accuracy in a high-volume, time-sensitive work environment.
• Handle additional payment-related functions as necessary.
• Retrieve checks by payer on electronic and enter payments into billing software.
• Follow internal payer protocols and posting guidelines relating to payer fee schedules.
• Run and analyze balancing report to insure accurate posting.
• Meet monthly post goals and closing deadlines.
• Participate in proactive team efforts to achieve departmental and company goals.
• Able to build billing spread sheets in Microsoft Excel.
• Other duties as assigned.

Educationand/orExperience

• High School degree or equivalent.
• 2 years of related experience preferred.

Skills/SpecializedKnowledge

• Excellent communicator.
• Knowledge of health insurance.
• Experience working with Electronic Response Admittance's (ERAs) and Explanation of Benefits (EOB).
• Organized and able to focus.
• Identify account problems along with trends and patterns.
• Able to promptly learn and utilize our system.

OtherRequirements

• Mustmaintain professional appearance.
• Abilityto be at work on a regular and consistent basis