SportsMed Physical Therapy is seeking a Payment Posting Specialist to join our team. Training will take place on location in Glen Rock NJ and transition to a hybrid-remote role at the discretion of the Billing Manager.
The Payment Posting Specialist must have knowledge of medical billing and will be responsible for processing payments received from insurance companies while applying remaining balances to proper entities.
Responsibilities
- Receive, sort and review payments from insurance carriers
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Identify appropriated receivable accounts for application and post payments, through automated and/or manual processes- Identifies denied claims and communicates them to the billing team
- Ensures payments, adjustments, deductibles, copays/coinsurances are accurately applied
- Identifies secondary insurances and ensures claims are sent appropriately to the proper payer
- Validate posting results and reconcile payments posted against checks or ERA’s received
- Research and post un-applied amounts working from and EOB or ERA and post receipts to the designated account
- Identify under-payments of claims and provide information to the billing team
- Scans all payment batches and maintains records accurately
- Strong organizational skills and attention to details
- Ability to handle large volume of ERA’s and EOB’s and maintain a daily goal
- Ability to work independently with minimal supervision
- Strong verbal and written communication skills
What we offer
- Competitive pay based on experience
- Medical benefits, life and disability insurance, 401k, PTO, sick time, paid holidays
Pay Range: $17.00 - $19.00 per hour
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