New York Bariatric Group · 21 hours ago
Payment Posting Specialist
Roslyn Heights, NY
Full-time
Onsite
Entry, Mid Level
$28/hr - $32/hr
2+ years expNew York Bariatric Group is an award-winning Bariatric Practice focused on providing exemplary customer service to assist patients in achieving their weight loss goals. The Payment Posting Specialist will be responsible for posting payments from various sources, reconciling cash balances, and ensuring accuracy in payment processing.
Health CareMedicalPersonal Health
Responsibilities
Post payments of accounts receivable from Medicare, Medicaid, Insurance Payers and patients, including ERA, EFT and cash receipts
Prioritizes daily work and assesses backlog situations, making adjustments as needed
Reconciles cash/contractual balances, assuring the reliability and accuracy of the daily bank balancing procedures and variances daily
Process refunds
Identifies, researches, and ensures timely processing of payments and error corrections, ensuring appropriate documentation of payments, allowances, denial, rejections, etc. are recorded on individual accounts
Reconciles daily batch posting to actual entry in order to identify and reconcile any discrepancies, ensuring that payment posting functions are accurate and performed on a timely basis
Download and process electronic remittance advices in a centralized cash receipt environment
Maintains thorough knowledge of third-party payment applications, requirements, and regulatory guidelines at the federal, state, and local levels
Meets all monthly and year-end fiscal closing deadlines as they relate to the cash application process
Meets or exceeds departmental productivity standards on a consistent basis
Serves as a member of the Cash Applications (Management/Dept./Coding/Data Entry/etc.) Team
Performs other duties as assigned
Qualification
Required
A minimum of two years of high-volume Healthcare/Managed Care payment posting
Ability to interpret Explanation of Benefits
Accounts receivable, a must
Strong working knowledge of Microsoft Office Suite: Word, Excel: VLOOKUP, Pivot Tables, Outlook
Strong communication, organization and interpersonal skills
Keen attention to detail
Knowledge of EOB's
High School graduate or equivalent
2-3 years healthcare experience
Preferred
Preference given to those that have worked in the healthcare industry
Benefits
Medical Insurance
Dental & Vision Insurance
401k & 4% Match
Employer Paid Life and AD&D insurance
Paid Time Off and Sick Time
7 Holidays
Career Growth & Development
Company
New York Bariatric Group
New York Bariatric Group is the largest private bariatric practice in the country with locations throughout New York, Connecticut and New Jersey.
201-500 employees
Funding
Current Stage
Growth StageCompany data provided by crunchbase