Payment Posting Specialist in Great Neck, NY at Vaco

Date Posted: 6/23/2022

Job Snapshot

Job Description

CALLING ALL PAYMENT POSTING PROFESSIONALS WITH MEDICAL INDUSTRY EXPERIENCE - APPLY TODAY! If you have 2+ years of experience posting insurance payments within a medical practice/setting, apply today!
Reporting to the Director or designee, the Associate performs daily activities that consist of payment posting, daily reconciliation, and resolution of credit balances. This role serves as an internal subject matter expert on the ONS contracted fee schedules and payor contracts.

Major Accountabilities:

  • Handle receipts, posting, and reconciliation for all payments
  • Retrieve ERA, confirm ERA monies are deposited in the bank
  • Balance Time of Service cash collection daily
  • Maintain detailed documentation for any discrepancies, corrections, or outstanding items
  • Investigate and process refunds for governmental payors and patients within 30 days of discovery
  • Report denial and underpayment trends to Manager
  • Complete payment posting accurately and within 3 business days of receipt
  • Distribute 0 remittance advice to Associate Collections - Insurance daily
  • Contribute to the monthly close and reconciliation.
  • Maintains confidentiality of patient records.
  • Takes personal responsibility for work and fosters teamwork
  • Prioritizes workload and complete work efficiently
  • Other duties as assigned

Requirements:

  • Associate Degree, preferred or 5+ actual practice payment posting experience
  • Minimum of three years previous banking, cashier experience; health care industry experience preferred.

Payment Posting professionals, working with Vaco gives you an advantage over your competition through relationships with the human resources manager and hiring managers directly. We are currently looking to fill our client's position and we want to hear from you! Think of us as an advocate who will promote your strengths and prepare you for your interviews supplying you with key info on our client.

Our recruiters will be able to provide great insight about trends in the market-keeping you up to date on compensation expectations, company culture and growth opportunities. If your background is in accounting and you want to partner with the best, apply today!