Detailed Job Description:|
Cash Payment Specialist
We are looking for a highly motivated, productive, accurate
and analytical individual who will be
responsible for payment posting. Our client needs to make
sure the accounts are resolved quickly and
accurately. You will be responsible for ensuring that all
balancing procedures and documentation guidelines are met
and must possess a thorough understanding of all aspects of
payment posting and the explanation of
benefits key data. Utilizing your excellent verbal,
written and listening skills, you will ensure that customer
needs, posting timeliness and accuracy targets are met.
Additional responsibilities include working declines and
secondary accounts on a daily basis, ensuring that claims
are sent out, working from assigned manual and electronic
work files and preparing daily reports.
You will also prepare documentation and recommendations for
refunds, as well as be expected to have experience in
federal payor and commercial carrier guidelines and to
follow procedures and policies of the institution
Reviews insurance Explanation of Benefits and posts
payments to billing system.
Posts payments and ensures allowances, adjustments and
write-offs are posted correctly.
May perform check payment reconciliations and complete
May reconcile electronic lockbox transactions
May reconcile electronic remittances (ERA) and EFT
Posts declines and may process appeals
May investigate unidentified cash and resolve
May process charge corrections and ensure balancing.
May process refunds for supervisory approval.
Mentors less experienced staff and may assist Billing
Manager with training new employees.
Performs any other related duties.
HS/GED Diploma and 2-5 years experience are required
Experience with Meditec is highly preferred.
Knowledge of CPT and ICD9 medical coding to facilitate
claims payment will be expected.
Staffing Now - 13 months ago
STAFFING NOW, INC.® is one of the fastest growing staffing companies in the United States, with offices throughout the eastern United St...