Payment Poster

Description

A dynamic and rapidly growing White Plains consulting firm seeks a full time Payment Poster to handle all aspects of cash allocation and posting for our medical billing practice. 



 

Responsibilities

· Timely and accurate application of cash to patients’ invoices.

· Handle daily EFT and physical deposits, prepare posting ledgers for multiple locations/groups.

· Identify proper allocation for deposits and address any conflicting amounts.

· Apply all payments received to appropriate patients’ accounts, and balance to deposit total.

· Denial posting and forwarding to management/staff for resolution.

· Identify and forward to management/staff all under/overpayments based on plans, contracted rates, expectations, or trends.

· Enter appropriate account notes to reflect problems identified and action taken.

· Post appropriate adjustments and responsibility/balance transfers.

· Update Excel cash receipts log and prepare daily cash report from financial system, reconciling all items.

· Prepare daily schedule of unidentified deposits and follow up with inquiries to determine appropriate allocation.

· Prepare daily/monthly reconciliations for multi-company cash accounts.

· Document, research and analyze high volume of deposits and reconciling items.

· Conduct prompt and consistent follow-up until reconciling items are cleared.

· Confirm and report unusual activity relative to account transactions.

· Keep management informed of all cash-flow related issues.



 

Education

· High School Diploma or GED supplemented with course work in typing, business machine and personal computer operations.

 

Experience

· At least two years of experience in deposit and batch preparation.



 

Knowledge

· Understanding of medical terminology.

· MS Office proficiency with strong emphasis on Excel

Benefits:
-Comprehensive benefits include paid time off, health and dental insurance, life insurance and 401k match.

Send resume & salary requirements:

E-Mail:  adminresume@mgroupusa.com

Fax: (914) 644-9375

M4 Consultants, Inc. is an Equal Opportunity Employer.