Job Description
Overview Medical Payment Posting Specialist (Remote) Company: Anne Arundel Dermatology Location: Remote (Must reside in MD, VA, NC, TN, PA, FL, or GA) Schedule: Monday - Friday, 40 hours per week. Flexible start times available between 6:30 AM and 9:00 AM. Compensation: $19.00 - 24.00/hour (Depending on experience) Job Summary We are seeking a detail-oriented and experienced Medical Payment Poster to join our billing department. In this role, you will be responsible for the timely and accurate posting of all healthcare payments, insurance adjustments, and retractions for both insurance carriers and patient responsibility. The ideal candidate thrives in a fast-paced, high-volume environment and has a strong understanding of Explanation of Benefits (EOBs) and electronic remittance advices (ERAs). Responsibilities Key Responsibilities: Payment Posting: Accurately process and record large volumes of electronic (ERA) and manual insurance and patient payments. EOB Analysis: Read and interpret complex Explanation of Benefits (EOBs) to determine correct payment and adjustment distribution. Account Reconciliation: Balance daily payments and adjustments; review accounts receivable (A/R) reports to ensure posting accuracy. Lockbox Processing: Retrieve and process payment information through the JP Morgan Lockbox platform, ensuring payments and supporting documentation are accurately applied and uploaded into the practice management system. Discrepancy Resolution: Investigate, resolve, and clear unapplied payments or posting errors. Documentation: Retrieve necessary payment and denial documentation from various insurance portals and clearinghouses. Collaboration: Monitor expected payments and collaborate with the medical billing team to address delays or standard denials. Perform other related duties as assigned by management to support the revenue cycle. Qualifications Experience & Education: Minimum 1 year of direct medical payment posting experience (Required). Experience ut