Job Summary:

The Payment Posting Reconciliation Specialist II is responsible for ensuring the timely processing and posting of electronic remit files, and manual batches. Responsibilities include ensuring all payments are posted according to our policy and procedure and SOP, ensuring electronic remittance advices are received according to schedule; investigating delays in file receipt; reconciling files with bank electronic funds transfers; working with payers to resolve any issues. The Payment Posting Reconciliation Specialist is also responsible for identifying payers that can offer ERA/EFT vs paper checks on working with IT to implement.

Job 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.
• Communicates cash posting delays to leadership. Ensures timely processing of cash batches and electronic remits.
• Conducts monthly quality audits on cash posting.
• Escalates issues and problems to Supervisor as appropriate.
• Review of Ecommerce website to ensure files are received, check data is available and all information is sent to HCL
• Confirm reconciliation of HCL files with E-commerce
• 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
• Ensure timing of files is followed based on banking and clearing house information
• 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.
• Performs other job duties as required.

Job Qualifications:

• High school graduate or GED certificate is required.
• A minimum of 2 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.
• Functional proficiency in computer software skills (e.g. Microsoft Word, Excel and Outlook, E-mail, etc.)
• Experience in Epic and or other of electronic billing systems is preferred.
• Knowledge of medical terminology, diagnosis and procedure coding is preferred.
• Previous experience in an academic healthcare setting is preferred

Hourly Rate Ranges: $22.78 - $30.77

Note: Our salary offers will fall within these ranges based on a variety of factors, including but not limited to experience, skill set, training and education.

61st Street Service Corporation

At 61st Street Service Corporation we are committed to providing our client with excellent customer service while maintaining a productive environment for all employees. The Service Corporation offers a competitive comprehensive Benefit package to eligible employees; including Healthcare and various other benefits including Paid Time off to promote a healthy lifestyle.

We are an equal employment opportunity employer and we adhere to all requirements of all applicable federal, state, and local civil rights laws. Please be advised that the corporation requires COVID-19 vaccinations for all employees unless an exemption request for a disability / medical or religious accommodation has been approved.