What are the responsibilities and job description for the Posting Specialist position at Vital Connect Inc?
Job Description
Job Description
Description : Purpose
The Healthcare Posting Specialist is responsible for accurately and efficiently posting payments from payers, patients, and other sources. This role requires a strong understanding of explanation of benefits (EOBs), electronic remittance advice (ERAs), electronic funds transfers (EFTs), and lockbox processing, as well as knowledge of healthcare reimbursement practices. The Posting Specialist will ensure compliance with regulatory standards and state and federal payment practices.
Responsibilities
- Process payments, adjustments, and denials, ensuring accurate and timely posting to patient accounts.
- Manage ERA, EFT, and lockbox transactions, ensuring compliance with payer and regulatory requirements.
- Verify payment information, identify discrepancies, and resolve issues to maintain accurate posting records.
- Adhere to state and federal regulations, payer guidelines, and company policies in all payment posting activities.
- Stay updated on reimbursement guidelines, utilization standards, and regulatory requirements for posting practices
- Maintain accurate records of payment posting activities and support reporting needs for reimbursement analysis
- Assist in generating reports related to payment posting, discrepancies, and reconciliation issues.
- Work closely with the Revenue Cycle, billing, and collections teams to resolve posting and reimbursement issues.
- Communicate with team members to clarify EOBs and other payer documents as needed.
Requirements : Qualifications
Salary & Benefits
The estimated hiring salary range for this position is $22 / hr - $24 / hr .
Salary : $22 - $24