Medical Billing Payment Posting

Role & responsibilities

• Post all personal, insurance and liability payments from Remittance and EOBs to appropriate accounts with minimum errors
• Apply manual payments and auto payments to accounts for payor types of Medicare, Medicaid and Commercial Insurances;
• Analyze EOB information, including co-pays, deductible, co-insurance, contractual adjustments, denials and more to very accuracy of patient balances;
• Scan all EOBs into system and creates hardcopy file for original EOB's by day;
• Add appropriate denial codes and comments to assure all necessary appeals and post payment follow up can take place;
• Reconcile shortage on both paper and electronic EOBs to determine proper allowance and correct write off;
• Contact patients, insurance or third party administrators when clarification of information is needed to successfully post payment;
• Work on recoupment accounts to settle;

Preferred candidate profile

Person Should have minimum 2 Years Experience in Medical Billing Department - Payment posting