What are the responsibilities and job description for the Payment Posting Specialist position at William Bee Ririe Hospital?
In order to provide equal employment and advancement opportunities to all individuals, employment decisions at William Bee Ririe Hospital will be based on merit, qualifications, and abilities. William Bee Ririe Hospital does not discriminate in employment opportunities or practices on the basis of race, color, religion, gender, national origin, age, disability or any other classification in accordance with federal, state and local statutes, regulations and ordinances.
The Payment Posting Specialist will be responsible for posting Medicare, Medicaid, and insurance payments and adjustment balancing. In addition, this position is responsible for keeping the Charge Description Master (CDM) current and accurate with changes requested by clinical departments.
Duties and Responsibilities:
- Post payments, denials, and adjustments in a timely and accurate manner
- Verifies all bank deposits
- Accurately interprets insurance EOB’s to ensure proper payment and adjustment posting
- Reviews all EOB/ERA’s for zero pays and under payments
- Monitors, research, and reconciles unapplied payments
- Distribute correspondence, denials and information requests to appropriate biller
- Adds and removes account charges
- CDM data entry and maintenance
Skills and Abilities and Qualifications:
- Ability to work closely with others
- Ability to prioritize workload as needed
- Must be reliable and honest
- Must have the ability to adapt to changes in workload and environment as seen appropriate by supervisor
- High School Diploma or GED
- A minimum of 5 years of experience posting payments
