Payment Coordinator

Job Summary:

The Payment Coordinator is responsible for the first steps in the billing process for the electronic or paper lock boxes. Daily assignments are provided by the supervisor and the payment clerk must develop a plan to complete work lists by end of each day. Payment Coordinator must comply with applicable laws regarding billing standards and be able to operate in a team-oriented environment that strives to provide superior service to anesthesia providers throughout the country.
Essential Functions and Tasks:

Download bank statement to a secured drive
Download EOBs from payer’s website
Sort lockboxes/office deposits from client by date of service
Log deposit amounts daily for each client’s lock box on spreadsheet
Review outstanding issues daily
Sort mail for remote check scanner and bank deposits
Create payment batches in MedSuite
Prepare and work correspondence daily per client specification
Retrieve correspondence and sort by client
Disperse paper correspondence to appropriate managers
Corrects address on return mail
Notates patient accounts properly
Performs special projects and other duties as assigned
Education and Experience Requirements:

High School Diploma or GED

At least one (1) year in data entry field preferred

At least one (1) year in medical billing preferred

Knowledge, Skills, and Abilities (KSAs):

Intermediate level knowledge of medical billing rules, such as coordination of benefits, modifiers, Medicare, and Medicaid and understanding of EOBs

Become proficient in use of billing software within 4 weeks and maintain proficiency

Ability to read, understand, and apply state/federal laws, regulations, and policies

Ability to communicate with diverse personalities in a tactful, mature, and professional manner

Ability to remain flexible and work within a collaborative and fast paced environment

Basic use of computer, telephone, internet, copier, fax, and scanner

Basic touch 10 key skills

Basic Math skills

Understand and comply with company policies and procedures

Strong oral, written, and interpersonal communication skills

Strong time management and organizational skills

Strong knowledge of Outlook, Word, Excel (pivot tables), and database software skills