ACCA Careers ยท 5 days ago
Spec, Payment Posting
Houston, TX
Full-time
Hybrid
Entry Level
$42K/yr - $57K/yr
2+ years expBaxter is a healthcare company committed to redefining healthcare delivery. The Payment Posting Specialist position is responsible for posting third-party payments and ensuring accurate transaction records in the billing system.
Accounting
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
Required
High school diploma or equivalent required
2+ years of experience in a medical related business environment required
Billing database software experience required
Knowledge of insurance industry and third-party payer processes
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
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
Employee Discount Program
Employee Assistance Program (EAP)
Childcare benefits
Company
ACCA Careers
Connecting employers with the best and brightest ACCA talent
51-200 employees
Funding
Current Stage
Growth StageCompany data provided by crunchbase