Payment Specialist - Working remotely KY and IN candidates only
Seven Counties
Country: United States of America
Location: Louisville, Kentucky
Time Type: Full time
Posted On: December 13, 2024
Job Description:
ESSENTIAL JOB FUNCTIONS
- Posting insurance payments to client accounts and balancing the remit
- Opens, separates, alphabetizes and photocopies insurance and self-pay checks.
- Calculates dollar and cash total on each, reconciles and forwards to accounting.
- Retrieves and monitors daily for electronic remittances from our vendors for electronic payment postings.
- Retains copies of insurance co-payment schedules.
- Compares payments to payment schedules for accuracy of payment contractual adjustment and effective date identifying any discrepancies.
- Consistently evaluates the accuracy of third-party payments.
- Consistently initiates appropriate follow-up action to the various third party contractors to address additional post-implementation needs.
- Reviews all accounts for secondary insurance and overpayments. Reviews all account notes for credit balances and initiates refunds.
- Reviews payment information, accurately code and applies monies/contractual adjustments to patient accounts.
- Scans and downloads payment batch reports. Maintains unidentified payment log daily.
- Consistently is attentive to record keeping and documentation of work performed to include but not limited to the unrecorded cash spreadsheet.
- Demonstrates a consistent level of performance; maintains progress on special report projects; informs manager of progress status and strives to meet deadlines.
- Collects monies for the amount owed by the patient and other unpaid accounts in a courteous, but firm manner.
- Applies monies to patient accounts and reconciles Cash Receipts and Self Pay checklist daily.
- Verify, apply and balance cash receipts received from our many outpatient areas.
- Reviews and makes direct deposit electronically for credit cards.
- Reviews billing data obtained during registration to determine discharge status and look for any deficiencies (i.e. copy of cards, errors from registration).
- Information is obtained or corrected on or before discharge.
- Communicates changes with co-workers promptly and courteously.
- Performs other duties as assigned by Accounts Receivable Manager.
EDUCATION
- High school graduate or equivalent required.
EXPERIENCE
- Minimum of three years medical billing payment posting experience required.
- Prior insurance knowledge preferred.
- Knowledge of patient types, financial classes, insurance estimates, and entities preferred.
- Proficient ten key skills or abilities required.
- Attention to detail is essential.
PHYSICAL DEMANDS
- Position has no unusual demands.
- Typical office job with occasional lifting and carrying of up to 10 pounds.
- Position may require walking or standing, stooping, or bending.
- Minor discomfort from continual use of video display terminal.
Time Type:
Full timeWe continually help our community and employees flourish... one life at a time. As a Seven Counties Services employee there are many benefits to enjoy. Below are just some of the great benefits you might be eligible for with Seven Counties Services.
- Health & Wellness
- Medical Coverage
- Dental Coverage
- Vision Coverage
- Flexible Spending Account
- Health Savings Account
- Short Term Disability
- Long Term Disability - Company Paid
- Financial Wellbeing
- Competitive Compensation Packages
- Life Insurance - Company Paid
- Accidental Death & Dismemberment Insurance - Company Paid
- 403b Retirement Plan with Company Funded Matching
- Retirement and Financial Planning Services
- Career Development and Growth
- Tuition Assistance Plans
- Loan Forgiveness options through federal programs (National Health Service Corps & Public Service Loan Forgiveness)
- Student Loan Repayment Assistance
- Clinical Supervision toward licensure and reimbursement for certain license applications
- At Seven Counties Services training is one of our highest priorities. We provide company paid professional training for various skills, certifications, and continuing education
- Opportunities for growth and movement - We encourage our employees to consider new growth opportunities with us
- Leadership Academy for our rising stars, supervisors, and leaders
- Seven Counties Services and Center for Clinical Excellence provide staff with industry best practices and processes
- Work Life Balance
- Paid Time Off - Generous PTO for Vacations, Illness, Personal Days, Etc. (10 Paid Holidays)
- Flexible Work Schedules to promote a Healthy Work Life Balance
- Employee Assistance Program - assists employees with personal problems and/or work-related problems that may impact their job performance, health, mental and emotional well-being