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Medical Billing Payment Processor - Denver, CO

Quick Facts
Company Name:MBMS - Medical Billing and Management Services
Location:Denver, CO
Employment Type:Full Time
Category:Accounts Receivable
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Large Medical Billing company is currently seeking a Medical Billing Payment Processor in our Denver, Colorado office. We offer an outstanding benefit package and the opportunity to advance and grow with a reputable company.

Responsibilities for the Medical Billing Payment Processor include but are not limited to:

  • Ensure all insurance claims are posted properly daily which include receipts, payments and allowances.

  • Review and process payment for all claims using billing information that has been obtained, to the appropriate insurance company.

  • Receive and review all details on remittance advice to determine proper identification, posting, and reconciliation of accounts.

  • Responsible for posting payments received from insurance companies that include: payment amount, adjustments, deductibles, and co- payments.

  • Accurately balances with bank deposit on daily basis to ensure all payments are posted by month end.

  • Follows proper procedures according to Best Practices.

  • Notifies management of underpayments and contract discrepancies.

  • Works well with team to research and resolve payment discrepancies.

Desired Qualifications: 

  • 1-3 years' experience in Medical Billing & Payment posting;

  • Working knowledge of 3rd party and government insurance plans; 

  • Proficient 10 key skills;

  • Ability to read and understand EOB's;

  • Can work independently and accurately;

  • Detail oriented;

  • Excellent customer service skills;

  • ICD-10/CPT Code knowledge;

  • Ability to work well under pressure;

  • Excellent written and oral communication skills;

  • Strong multi-tasking and prioritizing skills with the ability to meet deadlines

  • Strong interpersonal skills with a customer service focus

Work Environment: We offer a business casual work environment.