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Baxter International Inc. · 1 month ago

Spec, Payment Posting

Houston, TX

Full-time

Onsite

Entry Level

$42K/yr - $57K/yr

2+ years exp

Baxter International Inc. is dedicated to redefining healthcare delivery and ensuring every individual has a chance to live a healthy life. The Payment Posting Specialist position is responsible for posting third-party payments and ensuring accurate transactions in the billing system and general ledger.

BiotechnologyClinical TrialsHealth CareMedical

No H1B

Responsibilities

Interpret, post and validate payments and denials from third-party payers via correspondence or electronic batches

Reconcile applied checks to deposited amounts and research variances

Complete translation of electronic remittance advice files to link to payment and denial data claims in billing database software

Maintain cash metric reports and reconcile against General Ledger

Correct or edit batches and/or electronic remittance files as assigned

Move payments as requested by A/R team members

Research accounts on a routine basis to ensure correct posting for unidentified payments

Collaborate with other departments to investigate missing payments

Reference reimbursement policies/procedures assigned to this role and keep current with changes in billing regulations, insurance specific policies, as well as company and procedures

Identify any areas of opportunity for improved documentation or efficiency in daily work and communicate back to Revenue Cycle Supervisor for purpose of staff development and improved company performance

Maintain daily, positive communication and collaboration with other departments

Perform other duties and project as assigned

Qualification

Billing database softwareInsurance industry knowledgeData entry skillsAttention to detailMicrosoft Office proficiencyOrganizational skillsCommunication skills

Required

High school diploma or equivalent required

2+ years of experience in a medical related business environment required

Billing database software experience required

Excellent data entry skills required

Ability to organize and prioritize workload

Strong attention to detail while balancing high volume data entry

Ability to work independently and manage workload

Strong written, verbal, and interpersonal communications

Proficiency in Microsoft Office software

Preferred

Clearinghouse, payer portal, and explanation of benefits experience preferred

Knowledge of insurance industry and third-party payer processes

Benefits

Medical and dental coverage that start on day one

Insurance coverage for basic life, accident, short-term and long-term disability, and business travel accident insurance

Employee Stock Purchase Plan (ESPP), with the ability to purchase company stock at a discount

401(k) Retirement Savings Plan (RSP), with options for employee contributions and company matching

Flexible Spending Accounts

Educational assistance programs

Paid holidays

Paid time off ranging from 20 to 35 days based on length of service

Family and medical leaves of absence

Paid parental leave

Commuting benefits

The Employee Discount Program

The Employee Assistance Program (EAP)

Childcare benefits

Company

Baxter International Inc.

Glassdoor3.7

For nearly a century, we have delivered on our commitment to saving and sustaining the lives of patients, working alongside clinicians and providers around the world.

Founded in 1931

Deerfield, Illinois, USA

10001+ employees