Payment Specialist - Medical Billing

Payment Posting Specialist – Medical Billing

3 weeks ago Be among the first 25 applicants

$52,000.00/yr - $62,000.00/yr

Founded by Harvard‑trained physicians with a vision of offering patient‑first care beyond the hospital settings, we've grown into the nation's largest network of outpatient vein, fibroid, vascular, and prostate centers, with 170+ clinics across the country. Our mission is simple: deliver life‑changing, minimally invasive care close to home. We’re building a culture where innovation, compassion, and accountability thrive. While proud of our growth, we’re even more excited about what’s ahead and the team we’re building to get there.

• 🚀 Rapid career advancement
• 💼 Competitive compensation package
• 🤝 Positive, team‑oriented environment
• 🏥 Work with cutting‑edge technology
• 🌟 Make a real impact on patients' lives
• 📈 Join a fast‑growing, mission‑driven company

We are seeking a Payment Posting Specialist to join our team in Northbrook, IL. As a key member of the Revenue Cycle Management (RCM) team, you’ll accurately post payments, denials, adjustments, and rejections to patient accounts. This role requires attention to detail, strong analytical skills, and knowledge of healthcare payment processes.

• Location:
  
  Northbrook, IL (Onsite – Remote work is not an option)
• Schedule:
  
  Full‑time
• Compensation: $25‑$30/hr based on experience and qualifications

• Accurately post payments, denials, and adjustments to patient accounts from various payers (insurance, government, self‑pay).
• Ensure payments and adjustments are posted in a timely manner to maintain accurate account balances.
• Reconcile payment discrepancies and resolve issues by working with insurance carriers, patients, and internal departments.
• Review and resolve remittance advice (ERA) and Explanation of Benefits (EOB) documents.
• Assist in managing the collections process for unpaid claims and collaborate with other departments to resolve outstanding balances.
• Maintain accurate documentation and ensure compliance with regulatory and company policies.
• Support the team in identifying trends, denials, and payment issues, and contribute to process‑improvement initiatives.

• Must be able to work full‑time onsite at our Northbrook, IL corporate office.
• 3+ years of experience in payment posting, revenue cycle management, or medical billing in a primary care, physician’s office, or hospital setting. Multi‑site experience preferred.
• Familiarity with ICD‑10, CPT codes, denial codes, and HIPAA regulations.
• Proficient in billing software, Microsoft Excel, and other office applications.

• Health insurance (medical, dental, vision)
• Retirement plan
• Paid time off (PTO – vacation, sick)
• Growth opportunities

Associate

Full‑time

Other

IT Services and IT Consulting