Payment Posting Analyst - Medical Billing

About the position The Payment Posting Analyst role at Coastal Pulmonary Associates is a full-time position focused on optimizing revenue performance through effective payment reconciliation and cash posting workflows. The ideal candidate will have a strong background in healthcare revenue cycle management and will be responsible for recording and reconciling payments, interpreting payer communications, and participating in process improvement activities. Responsibilities • Record and reconcile payments received from insurance companies, patients, or other third-party payers. , • Interpret payer explanation of benefits, remittance advices, and other correspondence to document payments, adjustments, and denials with an eye on data quality. , • Familiarity with payer websites and contacts to collect payment information and reconcile outstanding accounts. , • Work towards modernizing payment communications with a technology-first mindset, contacting payers to convert mail payments into ACH/EFT and manual posting to electronic remittance. , • Investigate and appeal denied claims, identifying reasons for rejection and taking appropriate actions for resolution. , • Participate in the denials workgroup, where frequent errors resulting in nonpayment are identified, analyzed, and resolved. , • Process and route nonpayment correspondence to the follow-up team for resolution. , • Actively participate in process and service improvement activities, raising concerns, questions, and solutions in a timely manner. Requirements • High school diploma or equivalent required; additional education in medical billing and coding preferred. , • Previous experience in medical billing in a healthcare setting is desirable. , • Proficiency in medical terminology, ICD-10 and CPT coding, and insurance billing procedures. , • Attention to detail is crucial to ensure payer responses and payments are accurately posted to inform appropriate action. , • Effective written and verbal communication skills are essential for interacting with insurance companies and internal teammates. , • Familiarity with medical billing software and electronic health records (EHR) systems is beneficial. , • Collaborative attitude and ability to work effectively as part of a healthcare team. , • Willingness to adapt to changes in billing regulations, technology, and healthcare industry standards. Nice-to-haves • Experience in revenue cycle management , • Familiarity with medical billing software and electronic health records (EHR) systems Benefits • 401(k) , • 401(k) matching , • Dental insurance , • Flexible schedule , • Health insurance , • Life insurance , • Paid time off , • Vision insurance Apply tot his job