Payment Specialist - USFTGP UMSA RCO Back End

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. Essential Functions: Review and post electronic and manual payments from insurance carriers, patients, and contract/vendors Post adjustments, denials, and refunds in accordance with payer guidelines and internal policies. Accurately interpret EOB's and ERA's, identifying variances and escalating underpayments or rejections. Perform reconciliation of bank deposits to posted payments. Maintain zero backlogs and meet daily/weekly productivity targets Communicate with internal billing teams and management regarding trends, anomalies, and payer behavior. Ensure compliance with HIPAA and other federal and state regulations. Maintain up-to-date knowledge of payer policies, medical billing terminology, and payment posting best practices. Other duties as assigned with Manager.

QUALIFICATIONS:
High School Diploma or GED Two (2) years of experience in payment posting within a medical billing or Revenue Cycle Management environment. Strong knowledge of reading and interpreting EOB's, ERAs, ERA remark codes, and payer-specific rule Proficiency in EHR systems. Excellent numerical accuracy and high attention to detail. Ability to work independently with minimal supervision Must be able to efficiently perform written and oral communications with clients, co-workers, insurance, representatives and vendors. Familiarity of revenue cycle process