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Position title
Cash Posting Specialist

A Payment Posting Specialist is responsible for the expedient and accurate posting of payments received through medical billing software.


Payment Entry: Completes payment entry in a timely and accurate manner including:

  • Posts payments to medical billing software (Electronic Remittance Notices (ERN’s) & Manual posting responsibilities)
  • Records batch totals
  • Balances batches and runs transaction reports.
  • Verifies all EFT deposits and scanned checks have been posted by month end.
  • Properly communicates and documents payment denials in the medical billing software and to the appropriate billing representative in a timely manner.
  • Identifies any payments not being paid at the allowed/contracted amount and communicates this to the appropriate billing representative – AR and/or Director.
  • Accurately reading Explanation of Benefits and applying payments & adjustments to corresponding accounts.
  • Balance transferring deductibles & co-insurances accurately through medical billing software to either secondary payer or patient.
  • Maintains professional knowledge regarding medical billing and coding procedures, insurance carriers, federal programs, etc.
  • DME payment posting experience preferred.
  • Excellent written and verbal communication skills
  • Strong attention to detail and affinity for working with numbers required.
  • Must have knowledge of word, excel, and power point.
  • Knowledge of reading and interpreting Explanation of Benefits (EOB) required.
  • Knowledge of processes pertaining to contractual and allowable adjustments, balance transfers, deductibles, & coinsurance required.
  • Brightree and/or Bonafide billing software experience required.
  • High School Diploma or equivalent required.
  • Minimum of two years of medical payment posting experience required.
  • Candidates must be able to work with a high volume of work while maintaining a strong attention to detail, accuracy, and demonstrate excellent oral and written communication.
  • Computer skills required to operate practice management system (i.e., use Window operating system, conduct Internet searches, communicate by email, etc.)
Employment Type
Job Location
Remote work possible
Date posted
June 18, 2024
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