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Posting Manager

Tyvan LLC
Posted 2 months ago, valid for 11 days
Salary

Competitive

Contract type

Full Time

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Sonic Summary

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  • The Manager of Payment Posting will oversee the Payment Posting process, ensuring accurate accounts of all payments made by insurance payers through collaboration with auditors and posting staff.
  • The role requires a minimum of 4 years of medical payment posting experience within a healthcare environment, and a High School Diploma or equivalent is mandatory, with an Associate's Degree preferred.
  • Key responsibilities include managing the Posting Department, educating staff on updated procedures, and maintaining accurate documentation of payments and adjustments.
  • The position demands strong skills in accounting principles, data analysis, and effective communication, as well as proficiency in Microsoft Word, Excel, and SharePoint.
  • The salary for this position is not specified in the job posting.
Posting Manager

Oversee the Payment Posting process by collaborating with auditors and posting staff to examine and analyze financial reports to ensure accurate accounts of all payments made by insurance payers.

Tasks

  • Manage Posting Department
  • Assist with the implementation of all new billing and posting procedures
  • Educate Posting Department on updated posting procedures
  • Maintain complete, timely and accurate documentation of all payments,
    denials and adjustments.
  • Analyze EOB's, balancing insurance and patient payments; and perform
    adjustments and credits as needed all within a clearly defined month-end
    close goal.
  • Review and analyze financial reports daily to ensure accurate posting
  • Collect and analyze data to detect deficient controls, duplicated effort, extravagance, fraud, or non-compliance with laws, regulations, and management policies.
  • Report to management about audit results, and recommend changes in operations and financial activities.
  • Prepare detailed reports for audit practices for month and year reporting.
  • Monitor team productivity for timely posting
  • Enrollment of payors to clearinghouse and provider portals
  • Maintain posting timelines and requirements for team

Education:

High School Diploma or equivalent is required; Associate's Degree preferred.

Minimum 4 years medical payment posting experience within a healthcare environment is required.

Knowledge:

Accounting - Knowledge of accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.

Computers and Electronics - High level of comfort when using a personal computer and all applicable billing software; Must have demonstrated proficiency in the use of Microsoft Word, Excel and SharePoint; Must be able to type 45 WPM and comfortable with 10-key

Mathematics - Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.

Healthcare - Knowledge of medical terminology, insurance and reimbursement procedures 

Skills:

Basic Skills

  • Active Learning - Understanding the implications of new information for both current and future problem-solving and decision-making.
  • Active Listening - Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
  • Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
  • Learning Strategies - Selecting and using training/instructional methods and procedures appropriate for the situation when learning or teaching new things.
  • Mathematics - Using mathematics to solve problems.
  • Monitoring - Monitoring/Assessing performance of yourself, other individuals, or organizations to make improvements or take corrective action.
  • Reading Comprehension - Understanding written sentences and paragraphs in work related documents.
  • Speaking - Talking to others to convey information effectively.
  • Writing - Communicating effectively in writing as appropriate for the needs of the audience.

Social Skills

  • Coordination - Adjusting actions in relation to others' actions.
  • Instructing - Teaching others how to do something.
  • Negotiation - Bringing others together and trying to reconcile differences.
  • Persuasion - Persuading others to change their minds or behavior.
  • Service Orientation - Actively looking for ways to help people.
  • Social Perceptiveness - Being aware of others' reactions and understanding why they react as they do.

Complex Problem Solving Skills

  • Complex Problem Solving - Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.

Systems Skills

  • Judgment and Decision Making – Consideration of relative costs and benefits of potential actions to choose the most appropriate course of action.
  • Systems Analysis - Determining how a system should work and how changes in conditions, operations, and the environment will affect outcomes.
  • Systems Evaluation - Identifying measures or indicators of system performance and the actions needed to improve or correct performance, relative to the goals of the system.

Resource Management Skills

  • Management of Material Resources - Obtaining and seeing to the appropriate use of equipment, facilities, and materials needed to do certain work.
  • Management of Personnel Resources - Motivating, developing, and directing people as they work, identifying the best people for the job.
  • Time Management - Managing one's own time and the time of others.



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