Payment Posting Manager
New
H
H2 HealthHealthcare Revenue Cycle
100% remote positionFull-TimeManager
Salary50,000 - 70,000 USD per year
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Job Details
- Experience
- Minimum of 8 years of healthcare Revenue Cycle Management (RCM) experience
- Required Skills
- Microsoft Excel
Requirements
- Minimum of 8 years of healthcare Revenue Cycle Management (RCM) experience, including significant experience in payment posting and cash reconciliation.
- Previous leadership experience managing payment posting or revenue cycle teams.
- Strong knowledge of healthcare payment posting, cash reconciliation, ERA processing, EFTs, lockbox transactions, payer reimbursement methodologies, contractual adjustments, and revenue cycle operations.
- Experience working with healthcare clearinghouses and payer portals.
- Advanced proficiency with Microsoft Excel and reporting tools.
- Demonstrated success leading process improvement initiatives, workflow optimization, and operational change.
- Bachelor's degree in Healthcare Administration, Business Administration, Finance, Accounting, or a related field preferred; equivalent experience considered.
- Raintree EMR experience strongly preferred.
- Excellent analytical, organizational, communication, and problem-solving skills with exceptional attention to detail.
Responsibilities
- Lead the daily operations of the Payment Posting team, ensuring accuracy, productivity, and compliance.
- Oversee posting of insurance payments, patient payments, contractual adjustments, refunds, denials, and write-offs.
- Manage daily, weekly, and monthly cash reconciliation, ensuring posted payments align with deposits and bank activity.
- Investigate and resolve payment discrepancies, unapplied cash, posting variances, and reconciliation issues.
- Develop and implement payment posting automation strategies to improve efficiency and reduce manual processes.
- Optimize Electronic Remittance Advice (ERA), EFT, and lockbox payment workflows.
- Collaborate with Billing, Accounts Receivable, Finance, and IT teams to resolve revenue cycle challenges and improve operational performance.
- Monitor key performance indicators (KPIs) related to payment posting accuracy, turnaround times, reconciliation, and cash application.
- Establish and maintain departmental policies, procedures, and internal controls.
- Train, mentor, and develop Payment Posting team members while fostering a culture of accountability and continuous improvement.
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