Payment Poster

Company: MedAmerica Billing Services, Inc.

General Information
US-CA-Modesto
N/A
Not Specified
Full-Time
Not Specified
Not Specified
False
False
Job Description

Why MBSI?

MBSI is one of the top employers of Stanislaus County providing medical billing, coding, and reimbursement services along with various reports to MedAmerica a leading healthcare price management organization. MedAmerica Billing Services, Inc. (MBSI) has been in the physician billing business since 1975. MBSI has continued to expand and now has 2 additional locations including an office in Ontario, CA as well as Scottsdale, AZ.

MBSI has adapted to the ever-changing medical billing environment, modifying and adding to its services to proactively meet the needs of its clients. A focus on physician and employee education coupled with advanced IT capabilities has positioned MBSI and its clients to operate successfully in a climate of increased governmental regulations, third party contracting and reimbursement challenges.

SUMMARY:

Review and interpret Explanation of Benefits from insurance carriers and patient payments for accurate application to patient accounts. Payment posting is a data entry position in a high production based environment with time sensitive deadlines. This non-exempt hourly position reports to the Payment Supervisor.

ESSENTIAL JOB FUNCTIONS:

  • Employees must be able to react to change productively, work overtime as requested or required and handle other essential functions as assigned.
  • Posts payments to patient accounts excluding Specialty Sites.
  • Identifies and applies debits and credits.
  • Reviews and interprets EOBs (Insurance/Payers Explanation of Benefit) to ensure proper application of (i.e.; payment, retraction, withhold or interest) and adjustment is taken according to the carriers' adjudication and/or MBSI's payment posting procedures.
  • Properly comments patient accounts according to the Explanation of Benefits (EOB).
  • Apply ACT (Activity Code Tracking) codes (i.e.; share of cost, outside collections).
  • Apply correct payment and adjustment codes.
  • Maintain quality audits of 94% or higher.
  • Maintain Departmental Productivity standards (TBD).
  • May be asked to travel locally for meetings or seminars, not exceeding 1% of time.
  • ADDITIONAL JOB FUNCTIONS:

    Employees may be required to perform these functions. However, the ability to complete these duties is not essential to successful job performance.

  • Special projects or any other necessary job functions that the supervisor or manager may request.
  • KNOWLEDGE, ABILITIES AND SKILLS:

  • Knowledge of CPU/AS400 billing system.
  • Must be able to perform 10-key by touch.
  • Must be able to type a minimum speed 7,000 data entry key strokes per hour with a 95% accuracy or higher.
  • Knowledge and understanding of MBSI's Financial Classification system and updating insurance carriers as it pertains to claim reimbursement.
  • Comprehend basic accounting principles of debits and credits.
  • Must possess strong interpersonal skills to work within a team environment.
  • Basic knowledge of Excel.
  • What We Offer Our Most Valuable Asset, Our Employees:

    We offer the opportunity to help positively impact the healthcare industry while enjoying an amazing benefits package and work environment.

    Competitive benefits package: Multiple health plan options or reimbursement for non-coverage, exceptional 401k plan (that includes a very generous company match), 2 weeks paid vacation, sick leave, tuition reimbursement, life insurance, discount on fitness centers and more.

    A Culture of Caring: Friendly, caring, business casual environment. Opportunities to learn or develop your skills.

    Our Philosophy: MBSI Cares

    C - Client Centered

    A - Adapt as a Team

    R-  Responsive

    E-  Engaged

    S - Supportive of Each Other

    TEAMWORK MAKES THE DREAM WORK!  MedAmerica Billing Services, Inc. is an Equal Opportunity Employer.

    Job Requirements