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Payment Posting Specialist

Payment Posting Specialist

Banyan Treatment Centers

Pompano Beach, FL • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

This job post has expired today. Applications are no longer accepted.


Banyan Treatment Center rating

4.5

Company rating: 4.5 out of 10

Based on 7 frontline employees who took The Breakroom Quiz


Job description

Payment Posting Specialist

Banyan Treatment Centers is seeking a detail-oriented and organized Payment Posting Specialist to join our growing revenue cycle team. In this role, you'll play a vital part in ensuring accurate and timely payment processing, supporting financial accuracy and operational efficiency across our behavioral health facilities.

Position Details

  • Location: Pompano Beach, FL (On-site)
  • Reports to: Revenue Cycle Supervisor
  • Schedule: Full-time, MondayFriday

Key Responsibilities

  • Accurately post payments, adjustments, denials, and refunds in the billing system (CollaborateMD).
  • Reconcile batch totals with posted transactions and ensure all payments are balanced to check amounts.
  • Process EDI files (e.g., 835/837) and associated reports including edit listings and batch logs.
  • Prepare and reconcile bank deposits.
  • Invoice patients for deductibles, coinsurance, and copayments once claims are fully processed.
  • Ensure transaction codes and payer classes are properly applied for all charges and balances.
  • Close zero balance accounts and transfer balances appropriately.
  • Coordinate remittance issues with the Accounts Receivable team.
  • Maintain speed and accuracy benchmarks and assist with special projects.
  • Protect patient confidentiality and maintain compliance with organizational policies.
  • Work independently and proactively to resolve posting issues and discrepancies.

Qualifications

  • High school diploma or equivalent required.
  • Minimum of 2 years of payment posting experience, preferably in a healthcare setting.
  • Strong attention to detail and organizational skills.
  • Familiarity with EDI remittance files and third-party payer processes.
  • Proficient communication and problem-solving abilities.
  • Ability to work both independently and collaboratively in a fast-paced environment.
  • Experience with CollaborateMD or similar billing platforms is a plus.

Why Join Banyan Treatment Centers?

  • Mission-Driven Work: Be part of a nationally recognized behavioral healthcare provider with 18+ locations across the U.S.
  • Growing Organization: Backed by TPG's Rise Fund, Banyan is expanding programs and infrastructure nationwide.
  • Team-Focused Environment: Collaborate with supportive colleagues across finance, billing, and clinical departments.
  • Comprehensive Benefits: Medical, dental, and vision insurance; life and disability coverage; 401(k) with employer match; paid time off and holidays; wellness programs, and more.

Apply Now

Join Banyan Treatment Centers as a Payment Posting Specialist and support the financial engine behind our compassionate care. If you're ready to make an impact while growing your career in revenue cycle operations, apply today.

EOE