Payment Specialist
3 weeks ago
We are seeking an experienced Transaction Analyst to join our team as a Payment Posting Specialist. This role plays a crucial part in managing a high volume of transactions, posting payments, and ensuring accuracy in financial records.
About the Role:
The Payment Posting Specialist will work closely with a team of 9, handling both electronic and manual transactions, balancing facility accounts, and effectively managing large payment volumes. Key responsibilities include:
- Payment Posting & Reconciliation:
- Post daily transactions as a team, with a goal of $5-$10 million processed daily.
- Verify and reconcile information with EOBs or remittance documents.
- Take ownership of accounts, managing hundreds of transactions daily, including ERA, lockbox checks, and credit card payments.
- Communication & EOB Requests:
- Contact facilities or payors to request EOBs when necessary.
- Ensure effective communication and timely follow-ups for missing documentation.
- Data Tracking & Reporting:
- Track deposits and money posted using Excel spreadsheets.
- Utilize Excel for filtering and data navigation; familiarity with pivot tables is a plus.
- Experience:
- Minimum of 3-5 years of payment posting experience, ideally in a hospital setting.
- Demonstrated experience with high-volume transactions and strong EOB interpretation skills.
- Technical Skills:
- Proficiency in Excel, including the ability to use filters and navigate large datasets; familiarity with pivot tables preferred.
Addison Group provides equal employment opportunities (EEO) to all employees and applicants without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, genetic information, marital status, amnesty, or status as a covered veteran, in accordance with applicable federal, state, and local laws. Reasonable accommodation is available for qualified individuals with disabilities upon request.
This role is perfect for candidates who have experience with payment reconciliation in a hospital setting, enjoy detailed work, and seek to contribute to a supportive, high-performing team in healthcare finance.
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