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The Payment and Reconciliation Specialist is responsible for accurately posting insurance and patient payments, performing daily reconciliation of the payments received, and ensuring the integrity of the payments/credits posted to the patient account. This individual must be an excellent communicator, detailed oriented, organized, and will collaborate closely with all leaders within the organization.
Duties and Responsibilities
· Accurately post insurance and patient payments (manual and electronic) into the practice management system.
· Ensure accuracy of payments posted and provide direction and/or education to vendor partners.
· Reconcile daily deposits and ensure that payment postings match bank deposits and remittance advice.
· Review and interpret Explanation of Benefits (EOBs) and Electronic Remittance Advices (ERAs) for appropriate posting and adjustments.
· Apply contractual adjustments, co-insurance, deductibles, and write-offs according to payor agreements.
· Resolve ...