Payment Reconciliation Specialist – Medical Insurance Posting
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Job Description
Payment Reconciliation Specialist ensuring accurate reconciliation of medical insurance deposits. Responsibilities include payment posting, investigating errors, and assisting clients remotely from designated U.S. states.
Responsibilities:
- Update and maintain all logs and spreadsheets used for reconciliation.
- Review, investigate and reconcile deposits and supporting documentation to enable accurate posting.
- Investigate, research, and resolve outstanding deposits, reaching out to clients and payers for additional information as needed.
- Identify and research needed information to clear out posting errors and follow ups.
- Participate in month end closing.
- Retrieve and post remittances from payor websites when the remittance is needed.
- Research unidentified payments and or recoupment to determine the appropriate resolution.
- Identify patterns and trends that indicate a potential issue and notify leads or supervisors.
- Assist clients by answering inquiries and providing information.
- Reconcile daily cash deposits to the billing system and bank.
- Special projects and assignments as assigned.
Requirements:
- Minimum 3 years of medical insurance posting experience
- Knowledge of payer contract & government reimbursement rules
- Proficient in Microsoft office (Outlook, Excel, Word) and Google applications
- Skilled in using computer applications for payment posting with an understanding of A/R follow up
- Knowledge of insurance and reimbursement policies
- Experience with medical billing software (Raintree Systems experience a plus)
- Experience in performing tasks that require a basic understanding of accounting and math skills
Benefits:
- Remote Work/Work From Home
- Paid Time Off/11 Paid Holidays/Year-End Holiday Break
- Health, Dental, Vision, HSA/FSA
- 401K with Company Match
- Disability & Life Insurance
- Employee Assistance Program
- Paid Parental Leave
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