Insurance Specialist (Remote) - Payment Posting & Medical Billing - Central Time Zone or Pacific ...
Sartell, MN · Remote
$18 - $21/hr
Knowledge of underpayment analysis, overpayment recovery processes, and unapplied cash resolution ... Remote
New
Insurance Specialist (Remote) - Payment Posting & Medical Billing - Central Time Zone or Pacific ...
Sartell, MN · Remote
$18 - $21/hr
Knowledge of underpayment analysis, overpayment recovery processes, and unapplied cash resolution ... Remote
New
Remote Underpayment Analyst information
What are the key skills and qualifications needed to thrive as a remote underpayment analyst, and why are they important?
To thrive as a Remote Underpayment Analyst, you need strong analytical skills, knowledge of medical billing and reimbursement processes, and typically a degree in finance, healthcare administration, or a related field. Familiarity with claims management systems, Excel, and often certifications like Certified Revenue Cycle Specialist (CRCS) or Certified Professional Coder (CPC) is valuable. Attention to detail, problem-solving abilities, and effective written communication are crucial soft skills for this role. These skills ensure accurate identification and resolution of payment discrepancies, directly impacting revenue recovery and organizational efficiency.
How does a remote underpayment analyst typically collaborate with other departments to resolve payment discrepancies?
Remote Underpayment Analysts frequently work with teams such as billing, claims, and customer service to investigate and resolve payment discrepancies. They often communicate via email, video calls, and shared documentation tools to gather necessary details, clarify issues, and ensure timely resolution. Building strong relationships and maintaining clear communication with these departments is key, as problem-solving often requires input from multiple stakeholders. This collaborative approach enhances efficiency and ensures accurate and consistent financial outcomes.
What is a remote underpayment analyst?
A Remote Underpayment Analyst is a professional who works from a remote location to review, investigate, and resolve payment discrepancies, typically within healthcare, insurance, or financial services. Their primary responsibility is to identify cases where payments received are less than what was expected or contractually agreed upon. They analyze claims, contracts, and payment data to determine the root cause of underpayments and often communicate with payers or clients to recover lost revenue. This role requires strong analytical skills, attention to detail, and knowledge of billing and reimbursement processes. Working remotely, they use digital tools and secure platforms to perform their duties efficiently.
What is the difference between Remote Underpayment Analyst vs Remote Billing Specialist?
| Aspect | Remote Underpayment Analyst | Remote Billing Specialist |
|---|---|---|
| Required Credentials | Typically requires a degree in finance, accounting, or related field; certifications like CPC or CPA are common | Usually requires a high school diploma or associate degree; certifications like CPC are beneficial but not mandatory |
| Work Environment | Remote, healthcare or insurance companies, finance departments | Remote, healthcare, insurance, or healthcare provider organizations |
| Employer & Industry Usage | Used in healthcare, insurance, and finance sectors to identify and resolve underpayments | Commonly employed in healthcare and insurance to process and manage billing |
The Remote Underpayment Analyst focuses on identifying and resolving underpayments in healthcare or insurance claims, requiring analytical skills and specific certifications. In contrast, the Remote Billing Specialist handles billing processes, often with less emphasis on analysis. Both roles are remote and industry-specific, but their core responsibilities differ significantly.
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Insurance Specialist (Remote) - Payment Posting & Medical Billing - Central Time Zone or Pacific ...
Sartell, MN • Remote
$18 - $21/hr
Full-time
Medical, Dental, Vision, Life, Retirement
Posted 3 days ago
New
Meduit rating
7.1
Based on 20 frontline employees who took The Breakroom Quiz
Job description
About Us:
Meduit is a national leader in healthcare revenue cycle management, supporting hospitals and physician practices in 48 states. We focus on optimizing payments, allowing clients to focus on patient care, and pride ourselves on our core values: Integrity, Teamwork, Continuous Improvement, Client-Focused, and Results-Oriented. Learn more at www.meduitrcm.com.
About the Role:
The Insurance Specialist, Payment Posting is responsible for resolving insurance processing errors, claim denials, and billing challenges for hospital and physician billing accounts. This role ensures insurance claims are accurately reviewed, followed up on, and resolved to support timely reimbursement and reduced accounts receivable. The Insurance Specialist partners with patients, insurance companies, healthcare providers, and internal revenue cycle teams to address billing issues and deliver exceptional customer service.
Title: Insurance Specialist - Payment Posting
Location: Remote, United States
Schedule: 8:00 AM – 5:00 PM Central Time OR 8:00 AM - 5:00 PM Pacific Time
Department: Insurance
Compensation: $18.00 - $21.00 per hour
Key Responsibilities:
- Post and reconcile insurance and patient payments accurately and timely within established productivity and quality standards
- Review and interpret Explanation of Benefits (EOBs) and Electronic Remittance Advice (ERAs) to ensure accurate payment application
- Balance daily deposits and reconcile posted payments to supporting documentation and bank records
- Research and resolve unapplied cash, payment variances, and discrepancies
- Identify and review underpayments, overpayments, contractual adjustments, and other payment posting exceptions
- Process adjustments in accordance with payer contracts, client requirements, and company policies
- Utilize payer portals, billing systems, and electronic remittance tools to support payment posting and reconciliation activities
- Maintain compliance with HIPAA, client requirements, and revenue cycle management best practices
- Collaborate with internal teams to resolve account issues and support accurate financial reporting
- Document payment activities and account updates thoroughly and accurately
Required Qualifications:
- High School Diploma or GED
- 2+ years of medical insurance payment posting experience in a healthcare billing or revenue cycle environment
- Experience interpreting and applying EOBs and ERAs
- Experience reconciling payments, deposits, and posting variances
- Working knowledge of contractual adjustments, payment reconciliation, and cash balancing processes
- Experience working with Medicare, Medicaid, and commercial insurance payers
- Proficiency with electronic medical records (EMR), billing systems, and payer portals
- Strong analytical, problem-solving, and attention-to-detail skills
- Ability to manage multiple priorities in a production-focused environment
Preferred Qualifications:
- Experience with Epic (strongly preferred)
- Experience with Hospital Billing (HB) and Professional Billing (PB)
- Experience posting payments for multiple specialties or healthcare facilities
- Experience with California payers
- Experience with HealthQuest, Experian, Waystar, NextGen, or similar healthcare revenue cycle platforms
- Knowledge of underpayment analysis, overpayment recovery processes, and unapplied cash resolution
Employment eligibility:
- Candidates must be legally authorized to work in the United States at the time of hire
- The company does not provide employment visa sponsorship for this position
- As a condition of employment, a pre-employment background check will be conducted
- At this time, we are unable to consider candidates residing in the state of New York for this position
What We Offer:
- Comprehensive paid training
- Medical, dental, and vision insurance
- HSA and FSA available
- 401(k) with company match
- Paid Wellness Time and Holidays
- Employer paid life insurance and long-term disability
- Internal growth opportunities
Meduit is an Equal Opportunity Employer. We do not discriminate based on any protected class and welcome applicants from all backgrounds, consistent with applicable laws. Employment is contingent upon successful completion of a background check, satisfactory references, and any required documentation.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of this position.
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