Account Analyst I (AR Control Analyst)
About The Position
This position is responsible for analyzing remittances to ensure proper posting of payments, denials, adjustments, refunds, and charge corrections to patient accounts. The role involves verifying the accuracy of both manual and automated postings, receiving and scanning hardcopy remittances, depositing guarantor payments, investigating and resolving accounts with credit balances, and billing and collecting client accounts. The role is full-time, Monday to Friday, with a hybrid work model after initial onsite training. This position is designated as safety sensitive and cannot be filled by a candidate who is a current user of medical marijuana. Arkansas Children's is a tobacco-free workplace and requires flu vaccines.
Requirements
- High School Diploma/GED, or 2 years of experience in lieu of a diploma/GED.
- Analyzes remittances to assure proper posting of payments, denials, adjustments, refunds, and charge corrections to patient accounts.
- Verifies accuracy of both manual and automated postings.
- Receives and scans hardcopy remittances, deposits guarantor payments, investigates and resolves accounts with credit balances, bills and collects client accounts.
Nice To Haves
- Bachelor's degree in a related field of study.
Responsibilities
- Performs one or more of the duties listed below, and does so with appropriate volume and accuracy.
- Prepares Patient Accounts’ portion of Medicare/Medicaid cost reporting logs.
- Validates and reconciles manual and automated postings are fully supported by proper documentation. Researches and resolves posting variances. Maintains reports to identify and report outstanding, unreconciled items.
- Accurately posts payments, denials, and adjustments from remittance advices to the appropriate patient, account, bill and claim. Identifies and reports errors in payer discount calculations related to our major contracted payers.
- Creates electronic reports identifying Patient Accounts in credit balance and resolves the balance using the correct financial transaction needed to bring account to the correct balance. Ensures documentation of rationale for the recommended action and obtains appropriate approvals for higher-dollar refunds.
- Receives and reviews Charge Correction requests and posts to appropriate accounts.
- Bills Client Accounts and assures timely and accurate payment of those accounts.
- Accurately and timely imaging (scanning) of hardcopy remittance advices so that the remit information is electronically available.
- Receives mail coming into the Department, and accurately distributes it to the appropriate party.
- Documents receipt of guarantor direct payments and assures these payments are promptly and correctly deposited.
- Performs other duties as assigned.
Benefits
- Flu vaccines are required.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
High school or GED
