<p>The Payment Posting Specialist is responsible for accurately and efficiently posting payments and adjustments to patient accounts in a healthcare billing system. This role ensures that all payments from insurance carriers and patients are posted in a timely manner, discrepancies are investigated, and billing records remain up to date and accurate.</p> <p>Essential Functions:</p> <ul> <li>Review and post electronic and manual payments from insurance carriers, patients, and contract/vendors </li><li>Post adjustments, denials, and refunds in accordance with payer guidelines and internal policies. </li><li>Accurately interpret EOB's and ERA's, identifying variances and escalating underpayments or rejections. </li><li>Perform reconciliation of bank deposits to posted payments. </li><li>Maintain zero backlogs and meet daily/weekly productivity targets </li><li>Communicate with internal billing teams and management regarding trends, anomalies, and payer behavior. </li><li>Ensure compliance with HIPAA and other federal and state regulations. </li><li>Maintain up-to-date knowledge of payer policies, medical billing terminology, and payment posting best practices. </li><li>Other duties as assigned with Manager. </li><li>High School Diploma or GED </li><li>Two (2) years of experience in payment posting within a medical billing or Revenue Cycle Management environment. </li><li>Strong knowledge of reading and interpreting EOB's, ERAs, ERA remark codes, and payer-specific rule </li><li>Proficiency in EHR systems. </li><li>Excellent numerical accuracy and high attention to detail. Ability to work independently with minimal supervision </li><li>Must be able to efficiently perform written and oral communications with clients, co-workers, insurance, representatives and vendors. Familiarity of revenue cycle process </li></ul>