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Payment Poster in Cedar Falls, IA

Payment Poster Job Description

Payment posters should be detail-oriented professionals with good technical and communication skills. Experience with billing insurance and data processing is preferred, as is knowledge of Microsoft Office and medical billing terminology. Candidates must be able to interpret explanations of benefits from several different insurance companies and feel comfortable working with sensitive patient information in a fast-paced environment. A high school diploma or the equivalent is required.

Typical payment poster duties:

Posting insurance payments and adjustments based on EOB forms, with appropriate comment, reasoning and denial codes, in the billing systemPreparing spreadsheets for the total daily payment process for reconciliationVerifying the transmission of electronic claimsMaking outbound calls to patients and providers related to billing issuesEntering and posting charge ticketsChecking accounts for address and program coverage changesEntering, posting and filing program paymentsEntering cash receipts and posting and routing them to the bookkeeperChecking payments for rebilling

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Salary for Payment Poster in Cedar Falls, IA

33750 - 42075

Low
33750
The candidate is new to the role or has limited experience and is building necessary skills.
Mid
37800
The candidate has moderate experience in the role, meets most requirements or has equivalent transferable skills, and may also have relevant certifications.
High
42075
The candidate has extensive experience and advanced skills for the role, and may also have specialized certifications.
Projected salaries for related positions Job title Low Mid High Revenue Cycle Director 77400 100125 119025 Revenue Cycle Analyst 46125 59175 67725 Medical Billing/Collections Manager 77850 86625 95400 Medical Billing/Collections Supervisor 55350 67725 78750 Claims Examiner Analyst 42525 51975 60975 Denials Specialist 33750 38700 45450 Medical Collections Specialist 35550 38700 46125 Medical Biller 35550 38475 45000 Charge Entry Clerk 33300 36675 41625 Claims Processor – Healthcare 33075 36675 42525

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Our starting salary projections come from a rigorous, multistep process so that our numbers accurately reflect the marketplace. They are based on actual compensation for professionals Robert Half has matched with employers across the country and third-party job posting data from Textkernel that we use to independently validate the salary levels. Starting compensation—pay for someone new to a role—can vary significantly based on a candidate’s skills, experience and certifications, as well as other factors including industry, company size and revenue, and demand for the role. To reflect this variability, we report our salary data in three levels: low, mid and high.