Payment Posting Team Lead

4 weeks ago

Colorado Springs, Colorado, United States Envision Radiology Full time

Envision Radiology is hiring a Payment Posting Team Lead

Monday - Friday 40 hours/week | Position Pay Range $ $22.45

Open to AL, AZ, CO, FL, ID, LA, MO, NE, NC, OK, TX, UT, VA, WA, or WI Markets

Summary/Overview:

Generates patient statements and other invoices. Responsibilities may include data entry, posting payments, reconciling billings and invoices, checking balances, and maintaining patient files. Works with insurance companies to perform insurance billing, review, and verification of accounts in accordance with program provisions.

Responsible for all electronic and manual EOB payment posting, accuracy, and reconciliation. Oversees the workflow and functions of a team. Develops and implements policies and procedures. This is a working team lead position.

Job Responsibilities:
• Proper processing of electronic and manual payor EOBs, including the posting of patient portions, denials, adjustments and contractual allowance.
• Responsible for the electronic payment process, ensures accurate interfacing, reconciliation, and posting of payments. Researches missing amounts and makes corrections as needed.
• Reconciles daily reporting from multiple bank accounts to receivable accounts.
• Accurately posts patient and carrier payments to patient accounts, calculates and enters contractual adjustments, and patient discounts.
• Responsible for initiating processes for accurate and timely payment posting, accurate and timely reconciliations of payment postings, and associated adjustments.
• Reviews and improves, where necessary, processes for payment posting and reconciliation with improved accuracy and timeliness in mind.
• Proactively engaged in process improvement on a continuous basis.
• Responsible for the development of policies and procedures for areas of responsibility and reviewing/improving on an ongoing basis.

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice. Other duties may be assigned as needed by supervision.

Job Qualifications:
• Mandatory experience - Five years of experience in electronic EOB and lockbox payment posting to include posting of allowable amounts and reconciliation processes.
• Five years in manual payment posting and reconciliation.
• Two to three years of experience in the identification and processing of patient credit balances or equivalent experience.

Minimum Qualifications / Experience:
• Five years' experience in medical billing
• Two to three years of team lead or supervisory/management experience, experience initiating policies/procedures

Education / Certifications
• Requires a high school education.
• B.S. degree in Finance, Accounting, Healthcare Administration or related field; or equivalent experience.

Envision Radiology is an equal opportunity employer (M/F/D/V). We recruit, employ, train, compensate, and promote without regard to race, religion, creed, color, national origin, age, gender, sexual orientation, marital status, disability, veteran status, or any other basis protected by applicable federal, state or local law.

Application deadline 7/19/24

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