The Payment Posting Specialist is responsible for accurately and efficiently posting payments and adjustments to patient accounts in a healthcare billing system. This role ensures that all payments from insurance carriers and patients are posted in a timely manner, discrepancies are investigated, and billing records remain up to date and accurate.

Essential Functions:

• Review and post electronic and manual payments from insurance carriers, patients, and contract/vendors
• Post adjustments, denials, and refunds in accordance with payer guidelines and internal policies.
• Accurately interpret EOB's and ERA's, identifying variances and escalating underpayments or rejections.
• Perform reconciliation of bank deposits to posted payments.
• Maintain zero backlogs and meet daily/weekly productivity targets
• Communicate with internal billing teams and management regarding trends, anomalies, and payer behavior.
• Ensure compliance with HIPAA and other federal and state regulations.
• Maintain up-to-date knowledge of payer policies, medical billing terminology, and payment posting best practices.
• Other duties as assigned with Manager.

• High School Diploma or GED
• Two (2) years of experience in payment posting within a medical billing or Revenue Cycle Management environment.
• Strong knowledge of reading and interpreting EOB's, ERAs, ERA remark codes, and payer-specific rule
• Proficiency in EHR systems.
• Excellent numerical accuracy and high attention to detail. Ability to work independently with minimal supervision
• Must be able to efficiently perform written and oral communications with clients, co-workers, insurance, representatives and vendors. Familiarity of revenue cycle process