Payment Posting and Accounts Receivable Specialist

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August 20

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Prompt Therapy Solutions Inc

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Healthcare Insurance • Productivity • SaaS

Prompt Therapy Solutions Inc. is a company that provides therapy-focused software solutions designed to enhance the efficiency and profitability of clinics. They offer a range of features including AI-powered scheduling, patient management, billing, and reporting tools. Their platform caters to various practice sizes, from startup clinics to large enterprises, aiming to optimize clinic operations and improve patient satisfaction. The company's AI solutions help streamline workflows for roles such as front desk staff, therapists, billers, and clinic owners. Through advanced analytics and automated processes, Prompt Therapy Solutions seeks to modernize practice management and drive growth for therapy providers.

11 - 50 employees

⚕️ Healthcare Insurance

⚡ Productivity

☁️ SaaS

📋 Description

• Review and accurately post insurance and patient payments with precision and efficiency, ensuring alignment with company policy and regulatory standards. • Resolve auto-posted ERA errors on a daily basis, preventing downstream reconciliation issues. • Import and upload payment files from clearinghouses and payer websites; ensure all batches are processed timely. • Manually post payments received via bank lockbox deposits, facility deposits, and RTA checks. • Perform necessary adjustments, billing corrections, auditing, and account analysis to maintain clean and accurate patient ledgers. • Assist with month-end reconciliation and closing processes, ensuring all payments, adjustments, and recoupments are recorded prior to finalization. • Facilitate payment batch processing and collaborate with billing staff to correct posting discrepancies. • Process remote bank deposits and manually post cash receipts deposited to local banks, maintaining timeliness and accuracy. • Collaborate with the Client Relations Manager to research and resolve payment discrepancies, working toward a goal of maximizing electronic payment adoption. • In addition to payment posting duties, provide Accounts Receivable (AR) support as time allows, including: • Researching and following up on outstanding insurance claims. • Preparing and submitting corrected or appealed claims with appropriate documentation. • Assisting with billing problem resolution and recommending adjustments or write-offs to management as needed. • Contributing to revenue cycle integrity by supporting claim resubmissions, appeals, and patient balance review processes.

🎯 Requirements

• Knowledge of payment posting processes, including adjustments, write-offs, and refunds. • Familiarity with medical billing and understanding of payer policies, insurance laws, and medical terminology. • Proficiency with Google Workspace, Microsoft Word, Excel, PowerPoint, and Internet Explorer. • Ten-key proficiency with speed and accuracy. • Strong organizational skills; ability to manage multiple tasks in a deadline-driven environment. • Excellent written and verbal communication skills. • Problem-solving skills with the ability to interpret instructions in a variety of situations. • Prior medical billing/AR experience preferred.

🏖️ Benefits

• Competitive salaries • Remote/hybrid environment • Potential equity compensation for outstanding performance • Flexible PTO • Company-wide sponsored lunches • Company paid disability and life insurance benefits • Company paid family and medical leave • Medical, dental, and vision insurance benefits • Discounted pet insurance • FSA/DCA and commuter benefits • 401k • Credits for online and in-person fitness classes/gym memberships • Recovery suite at HQ – includes a cold plunge, sauna, and shower