Job Description
Payment Entry Coordinator
### About the Role
We're looking for a Payment Entry Coordinator to join our billing team! In this role, you'll be responsible for accurately posting all incoming payments, identifying discrepancies, and working proactively to resolve them. You'll handle various types of payments, including insurance payments, self-pay transactions, quick pay batches, zero-pay remittances, and credit card payments. If you have a keen eye for detail and enjoy working with financial data, this could be the perfect opportunity for you!
### What You'll Do
- Retrieve and process remittance advices from various sources, including clearinghouses, payer websites, paper statements, and faxes.
- Accurately post payments according to the provided explanation of benefits (EOB) while maintaining department accuracy and turnaround time goals.
- Perform daily batch reconciliations to ensure accurate records.
- Identify and resolve discrepancies between deposits, remittances, and batches in a timely manner.
- Track and recover any missing remittances to maintain financial accuracy.
- Collaborate with billing staff to ensure smooth account resolution.
- Work with other departments to assist with patient billing inquiries.
- Occasionally work irregular hours or overtime on the last business day of the month.
- Perform other administrative and payment-related tasks as assigned.
### What You'll Need
#### Required Qualifications:
- At least 2 years of experience in medical billing, including ANSI remark code interpretation, EOB processing, and remittance advice handling.
- Strong knowledge of CPT4 and ICD-10 coding.
- 5 years of financial literacy experience.
- Ability to problem-solve, think critically, and work efficiently in a fast-paced environment.
#### Preferred Qualifications:
- 2 years of payment posting experience in a large healthcare practice.
- 1 year of experience in clinical billing and collections.
- Associate's degree or higher in accounting or a related field.
- Familiarity with NextGen PM system.
### Tools & Systems You'll Use
- Payment processing and billing software (e.g., NextGen, Availity, Paycom).
- Microsoft Office Suite (Excel, Word, Outlook).
- Banking and insurance portals.
- General office equipment (computers, scanners, fax machines, etc.).
### Who You'll Work With
You'll be part of the billing department, which plays a crucial role in maintaining accurate financial records and ensuring smooth payment processing. You'll collaborate closely with:
- Internal Teams: Billing Supervisor, Revenue Management Director, Billing Team Leads, and Site Managers.
- External Contacts: Patients and medical staff across various practices.
### What to Expect
- This role primarily involves sitting for extended periods while working on a computer.
- You'll need strong mathematical and analytical skills to process financial transactions accurately.
- You may occasionally handle patient inquiries regarding billing and account balances, requiring patience and professionalism.
If you're detail-oriented, enjoy working with numbers, and want to be part of a dynamic billing team, we'd love to hear from you! Apply today and take the next step in your career!
Employment Type: Full-Time
Salary: $ 40,000.00 140,000.00 Per Year
Job Tags
Full time,