Payment Posting Specialist - Medical Billing
We are seeking a Payment Posting Specialist to join our team in Northbrook, IL. As a key member of the Revenue Cycle Management (RCM) team, the Payment Posting Specialist will be responsible for accurately posting payments, denials, adjustments, and rejections to patient accounts. This role requires attention to detail, strong analytical skills, and knowledge of healthcare payment processes.
This position works Monday-Friday at our Corporate office in Northbrook, IL.
Remote work is not an option.
Key Responsibilities:
- Accurately post payments, denials, and adjustments to patient accounts from various payers (insurance, government, self-pay).
- Ensure that all payments and adjustments are posted in a timely manner to maintain accurate account balances.
- Reconcile payment discrepancies and resolve issues by working with insurance carriers, patients, and internal departments.
- Review and resolve remittance advice (ERA) and Explanation of Benefits (EOB) documents.
- Assist in managing the collections process for unpaid claims and collaborate with other departments to resolve outstanding balances.
- Maintain accurate documentation and ensure compliance with regulatory and company policies.
- Support the team in identifying trends, denials, and payment issues, and contribute to process improvement initiatives.
- High school diploma or equivalent (required); Associate’s or Bachelor’s degree in healthcare administration or related field (preferred).
- 1-3 years of experience in payment posting, revenue cycle management, or medical billing.
- Familiarity with ICD-10, CPT codes, and HIPAA regulations.
- Proficient in using billing software, Microsoft Excel, and other office applications.
- Pay Rate: $24.00-$26.00 per hour
This position works Monday-Friday at our Corporate office in Northbrook, IL.
Remote work is not an option.
- Health
- Dental
- Vision
- 401k & Match
- PTO + Sick Time
- Growth Opportunities!
Average salary estimate
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