Medical Payment Poster Job Description

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Author: Lisa
Published: 14 Jan 2020

A Case Study on a Medical Payment Posting System, Non-recovery of patient contributions in reimbursement, Integrated Front-Line Software for Patient Payment Processing in Hospital Health Care and more about medical payment poster job. Get more data about medical payment poster job for your career planning.

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A Case Study on a Medical Payment Posting System

Jane, working on claims for the day, accidentally entered $5005 instead of $ 505, and didn't catch it, but she moved on. The mistake was not caught quickly and led to several issues. Having an efficient payment posting system will allow you to see insurance payments from EOBs, insurance checks from ERAs, patient payments and more.

The medical billing process has a number of steps and a lot of claims, which means issues are bound to arise. Payment posting is the first line of defense. Team members can give issues such as denials for medical necessity, non-covered services and prior authorization to the team members to address.

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Non-recovery of patient contributions in reimbursement

Provider cannot seek patient contributions for charges that exceed approved amounts in a reimbursement method. The approved amount is. Insurance payment and patient responsibility are related. Contractual adjustment of total charges.

Integrated Front-Line Software for Patient Payment Processing in Hospital Health Care

The patient is responsible for the portion of the bill that they don't have insurance for. Patients with no health insurance are responsible for all of their medical bills. HDHP patients are required to pay their medical bills until their deductible is met, which is higher than average.

Patients are choosing HDHPs because they think they will not seek medical attention that year. They have to see their provider more than they thought, leaving them with more medical expenses than they anticipated. Patients need to be able to pay with a credit card or they will not be able to.

An integrated software solution can help your front-line staff process credit cards from the front desk, increasing the number of patient payments you collect in the office. It is possible for your patients to process credit card payments through your portal. Credit card processing is the best way to collect a payment from a patient.

The easiest way to make sure you get your payment is to partner with a vendor who can manage your claims. 99% clean claims can be achieved with the right vendor. Even though you can't always keep patient responsibility balances from happening, maximizing your clean claims will make sure you are getting the best reimbursements from payers.

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The Cost of a Medical Billing System

The provider's office will collect copayments during check-in and check-out. The patient pays copays at the point of service, but it is up to the provider to decide if the patient pays before or after their visit. The medical biller can either put the super bill into a paper claim form or into the proper billing software.

Medical billing appeal

The medical billing process is very important to the financial health of the practice. The doctors and their staff wouldn't get paid if claims weren't submitted quickly. If the claim is rejected, the medical insurance specialist will look into the reason for the rejection and fix the problem. An appeal may need to be written and submitted with supporting information.

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Medical Payment Poster: A Computer Science Career

You are a medical payment poster, you handle medical coding and payment posting. Your job duties include posting payments electronically and manually, maintaining accurate medical billing records, and documenting revenue from patient payments and insurance reimbursements. A high school or GED certificate is required for a career as a medical payment poster.

How Much Does a Medical Payment Poster Make in the United States?

How much does a medical payment poster make in the US? The average Medical Payment Poster salary in the United States is $58,494, but the range is between $52,792 and $64,520. Many important factors, including education, certifications, additional skills, and the number of years you have spent in your profession, can affect the salary range. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

Experience in Medical Payment Posting

Minimum of 1-2 years experience in medical payment posting with a background and experience in medical billing and insurance collections is required. All of the payments that come in from both patients and insurance companies are posted. The knowledge of EOB's and the tools of medical revenue cycle is enough to make you believe.

Medical Payment Posting Job Descriptions

Many people find an opportunity to build a career in medical payment posting job description because of the social demands. There are 205 medical payment posting job descriptions waiting for you to discover.

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