Payment Posting Coordinator

Location: Premier Surgical Central Billing Office at Papermill Drive

Full Time: Weekdays

SUMMARY OF DUTIES:Responsible for posting all cash receipts, EFT insurance payments, balancing and updating each end of day in the Practice Management System. Balancing system receipts with bank receipts at month end.

REPORTS TO: Billing and Revenue Cycle Manager

ESSENTIAL FUNCTIONS:
1. Post all receipts by line item to include all zero-pay claim payments.
2. Identify those payments which are incorrect (high or low) and refer to either appeals or billing associate for follow-up.
3. Balance each end of day in the practice management system before updating the day.
4. Update each day in the practice management system.
5. Refer claim denials to appropriate staff for follow-up.
6. Balance system receipts to bank receipts at month end.
7. File all electronic EOBs and posted receipts into proper file by date and location.
8. Refer complex or difficult account to Billing Supervisor.
9. Manage EFTs including updates with insurance carriers to ensure timely receipt of all monies.
10. Maintain effective tracking method on problem payers including payments that do not match contract amounts.
11. Maintains strict confidentiality of PHI following Premier HIPAA policy and government regulation. Maintains strict confidentiality of employee information.
12. Any other duties assigned by the Billing Supervisor or COO.

EDUCATION: High School diploma or GED.

EXPERIENCE: Minimum one year experience in a medical business office setting dealing with insurance companies, billing, collections, pre-cert, etc., preferably cash posting or refunds.