General Summary
· This position will work closely with the Manager to ensure proper posting of payments and adjustments to patient accounts. Ensure that all deposits are accounted for and properly posted. Coordinate with outside departments to report any unapplied or cash variances for month-end closing. Diligently follow up on payments and missing remittances to ensure proper processing. Knowledge of medical billing/collection practices required. Ability to multitask, be well organized and detail oriented.
Minimum Qualifications
Required Licensure or Certification
· None required.
Required Length and Type of Experience
· Minimum 3 years of billing experience or cash balancing experience.
Education, Knowledge, Skills and Abilities
· High school graduate or equivalent.
· Possess computer system knowledge. (EPIC preferred)
· Knowledge of healthcare patient accounting and healthcare insurance coverage.
· Confidential and good communication skills, both verbal and written.
· Proper use of standard office equipment.
Required Physical and Environmental Demands
· Ability to sit for extended periods of time. Manual dexterity to use a PC for extended periods of time.
Responsibilities
· Coordinate the day-to-day practices of the Cash Application team.
· Monitor 3rd party applications as they connect to EPIC for any variances or disconnections
· Identify any additional enrollments that need to be completed to keep EDI automation working with EPIC.
· Work with Finance to report variances to month-end close.
· Ensure that all deposits are tracked and accurately posted.
· Timely and accurately post payments and adjustments to patients’ accounts.
· Investigate out of balance remittances
· Maintain an understanding of third-party billing regulations.
· Identify problem accounts, investigate and correct errors to patient accounts.
· Responsible for resolving any unapplied payments.
· Responsible for resolving any issues in retrieving remittance advices to properly post payment and adjustments.
· Carry out job duties in full compliance with ARMC’s Corporate Compliance Program and Code of Conduct.
· Perform other duties as assigned by management.
Benefits:
- Competitive salary package
- Extensive benefit package including medical, dental, vision, and life insurance (Benefits on Day 1!)
- Accident & critical illness insurance
- Tuition Reimbursement
- Short-Term & Long-Term Disability Insurance
- Paid Maternity Leave
- Employee Assistance Program
- Paid Time Off
- Employee Wellness Plan that pays you for being healthy
- 403(b) and Roth Retirement Plan with company matching
- We are a qualifying employer for the Public Service Loan Forgiveness (PSLF) Program which allows you to receive forgiveness of the remaining balance of your Direct Loans after you have made 120 qualifying monthly payments while working full-time for a qualifying employer