What are the responsibilities and job description for the Payment Posting Specialist position at VirtualVocations?
A company is looking for a Payment Posting Specialist.Key ResponsibilitiesPost and adjust patient account payments accurately and timely, balancing daily to bank depositsCommunicate with patients, insurance, and third-party administrators to resolve payment issuesAssist with monthly close functions and ensure compliance with payer guidelinesRequired QualificationsHigh school graduate or GED1-3 years of payment posting experience in a medical settingExperience with accounting and EFT / ERA setup is a plusKnowledge of third-party billing and collection requirements, including Medicare and MedicaidWorking knowledge of Excel spreadsheets