The Payment Posting Reconciliation Specialist II is responsible for ensuring the timely processing and posting of electronic remit files, and manual batches.
Responsibilities
The Payment Posting Specialist II will monitor daily cash deposits and report any delays in payment processing that may occur with the bank, finance or posting vendor.
Works with the posting vendor to appropriately identify and allocate cash that is received without documentation.
Facilitates resolution of clearing accounts.
Conducts monthly quality audits on cash posting to ensure compliance with contractual obligations and posting guidelines.
Confirm reconciliation of HCL files with E-commerce
Review of Ecommerce website to ensure files are received, check data is available and all information is sent to HCL. Review of HCL to determine if any paper checks can be converted to EFT/ERA. Review EFT /ERA enrollment information and confirm there are no issues. Review bank statement to ensure there is no gap in posting vs monies received
Run adhoc reports to review payments posted in practice management system
Assist with the provider enrollment of new ERA/EFT.
Qualifications
High school graduate or GED certificate is required.
A minimum of 1 years’ experience in a physician billing or third party payer environment
Candidate must demonstrate a strong customer service and patient focused orientation and the ability to understand and communicate insurance benefits explanations, exclusions, denials, and the payer adjudication process.
Must demonstrate effective communication skills both verbally and written.
Ability to multi-task, prioritize, and manage time effectively.
Functional proficiency in computer software skills (e.g. Microsoft Word, Excel and Outlook, E-mail, etc.)
Ability to work independently and be a team player.
The ideal candidate is a motivated individual with a positive attitude and exceptional work ethic.
