Cash Posting Representatives are responsible for the Medical Center daily bank deposit and for inputting payment and adjustment data onto patient accounts, processing electronic remittances, and posting all miscellaneous cash receipts onto general ledger accounts.
Essential Job Results:
Posts all payments and adjustments to the specified patient account in accordance with the current policy and procedure.
Reviews scanned documentation to identify contractual amounts, denials or payment adjustments that require posting to patient accounts.
Provides reports as required by Management and Accounting as requested.
Works to identify the appropriate account for unidentified cash and ensures that all such cash is posted or that a refund is requested within the currently established timelines.
Reports any amounts that have been deposited to the incorrect bank account to the supervisor and to the Accounting Department upon discovery.
Assists in the research and correction of posting errors
Posts patient account adjustments:
Ensures that proper signatory approval is on source documents.
Posts adjustments from Billers and Business Offices Representatives as requested.
Posts PPO adjustments from check copies when necessary.
Processes electronic remittances and balances to wire transfer as appropriate.
Transfers charges on patient accounts as instructed.
Maintains unapplied cash.
Posts collection agency remittance monthly.
Posts late charges/credits as appropriate.
Processes returned checks and late fees to patient accounts.
Assists with processing and posting inter-organizational refunds.
Establish and maintain proficient level of system knowledge
Completes tasks and assignments in a timely manner. Utilizes time in a constructive manner. Able to act independently when necessary.
Utilizes supplies and resources of the organization in a cost-effective manner.
Documents repetitive issues for corrective action.
Maintains follow-up procedures and working relationships with area responsible for the information, including; Medical Records Department, Patient Access, and/or physicians.
Documents activity in an accurate and timely manner on the patient¿s account.
Maintains proficiency and level of knowledge with all systems required for task completion.
Ensures compliance with all state and federal billing regulations and reports any suspected compliance issues to your respective Manager/Supervisor and Education/QA Manager.
Works with supervision, management and the patient accounting staff to improve processes, increase accuracy, create efficiencies and achieve the overall goals of the department.
As requested, participates in general or special assignments.
Attends required training. Completes on-line training as assigned.
Attends meetings with payer representatives and/or vendors to address outstanding issues.
Franciscan Alliance offers a comprehensive set of employee benefits including: competitive salary, paid time off, health, dental, vision, life and disability insurance as well as tuition assistance and a savings and retirement plan.
It is the policy of Franciscan Alliance, Inc. to provide equal employment to its employees and qualified applicants for employment regardless of race, color, sex, religion, national origin, veteran status, or physical or mental disability, or as otherwise required by an applicable local or state law. However, Franciscan Alliance, Inc. reserves a Right of Conscience objection in the event local or state ordinances violate its values and the free exercise of its religious rights. Franciscan Alliance, Inc. is committed to the principle of equal employment opportunity.