What are the responsibilities and job description for the Medical Payment Poster / Accounts Receivable Specialist position at MedBill Resources?
Medical Payment Poster / Accounts Receivable Specialist
Job Summary: The Medical Payment Poster / Accounts Receivable Specialist is responsible for accurately posting and reconciling payments from insurance companies and patients. This role includes processing payments, addressing discrepancies, and collaborating with other departments to optimize revenue cycle processes.
Key Responsibilities:
- Post insurance and patient payments accurately using billing software.
- Review and interpret Explanation of Benefits (EOB) statements.
- Identify and resolve payment discrepancies, denials, and partial payments.
- Maintain up-to-date records and ensure compliance with policies and regulations.
- Assist with month-end account reconciliations and reporting.
- Work with billing and collections teams to improve efficiency.
- Stay informed about changes in insurance policies and billing regulations.
- Translate ambulance run reports into clinical ICD-10 coding.
Qualifications:
- High school diploma or GED required; Associate's degree preferred.
- 1-2 years of experience in medical billing, payment posting, or accounts receivable.
- Proficiency in medical billing software and Microsoft Excel.
- Strong understanding of EOBs, insurance payments, and medical billing codes.
- Attention to detail and accuracy in data entry and record-keeping.
- Effective communication skills.
- Ability to work independently and in a team.
- Knowledge of HIPAA regulations.
- Understanding of Medicare, Medicare HMO plans, private insurance policies, and Medicaid plans.
Benefits:
- PAID Health Insurance after 90 days
- Dental and Vision Insurance available
- Paid Holidays
- Paid Vacation after first year
- IRA Retirement Benefits Available
About Us: MedBill Resources Corp. is a trusted medical billing service based in Newark, Ohio, specializing in billing for medical transportation providers and suppliers. Established in 1997, we are committed to accurate and timely billing, integrity, and superior customer service.