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Coordinator Payment Entry

Get It - Finance
Phoenix, AZ Full Time
POSTED ON 4/21/2025
AVAILABLE BEFORE 5/20/2025
Job Title: Payment Posting Coordinator

Job Overview

Join our esteemed billing team as a Payment Posting Coordinator, where your expertise will be instrumental in ensuring the accurate and efficient posting of incoming payments. In this crucial role, you will identify and rectify any discrepancies while handling various payment types including insurance payments, self-pay transactions, quick pay batches, zero-pay remittances, and credit card payments. This position is ideal for detail-oriented professionals who thrive in a financial data-driven environment.

Key Responsibilities

  • Retrieve and process remittance advices from diverse sources such as clearinghouses, payer websites, and paper statements.
  • Post payments accurately in accordance with the provided explanation of benefits (EOB), meeting departmental accuracy and turnaround time goals.
  • Conduct daily batch reconciliations to maintain precise financial records.
  • Timely identify and resolve discrepancies among deposits, remittances, and batches.
  • Track and recover any missing remittances to uphold financial accuracy.
  • Collaborate effectively with billing staff to ensure seamless account resolution.
  • Assist other departments in addressing patient billing inquiries.
  • Handle various administrative and payment-related tasks as required.

Required Skills

  • Strong proficiency in interpreting ANSI remark codes and EOB processes.
  • Solid knowledge of CPT4 and ICD-10 coding.
  • Exceptional problem-solving abilities and critical thinking skills to operate efficiently in a dynamic environment.
  • Financial literacy and adeptness with payment processing and billing software.

Qualifications

  • Minimum of 2 years of experience in medical billing, with a focus on EOB processing and remittance advice handling.
  • A total of 5 years of financial literacy experience.
  • Preferred: 2 years of payment posting experience in a large healthcare practice and 1 year in clinical billing and collections.
  • Associate's degree or higher in accounting or a related field is preferred.

Career Growth Opportunities

Working with us provides ample opportunities for professional development within our organization. You will gain valuable experience and skills that will enhance your career trajectory in the healthcare billing sector.

Company Culture And Values

We pride ourselves on maintaining a collaborative and supportive work environment. Our team values accuracy, efficiency, and open communication, creating a culture conducive to both personal and professional growth.

Networking And Professional Opportunities

As part of our billing team, you will have the chance to engage with experienced professionals in the field. Networking opportunities will allow you to build valuable connections that can enhance your career.

Compensation And Benefits

We offer competitive salaries based on experience, alongside a comprehensive benefits package that includes health, dental, and vision insurance, as well as opportunities for continuous learning.

Employment Type: Full-Time

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