Accounts Receivable Specialist
About The Position
Accounts Receivable Specialist Job Summary Join our team and be a part of our mission to deliver accessible, high-quality, affordable, and compassionate healthcare. Prairie Lakes Healthcare System is an independent, non-profit healthcare system serving 10 counties in northeastern South Dakota and west-central Minnesota. Our team at Prairie Lakes makes a difference in the lives of patients and their loved ones POSITION SUMMARY Wage: $17.50- $25.04 This is an onsite, full-time (1.0 status/40 hours per week) position. Responsible for revenue cycle functions relative to accounts receivable including posting payments, bad debts, adjustments and all other patient accounting. Reconciles and maintains specific general ledger accounts for the month-end financial statement preparation and performs all other duties as assigned.
Requirements
- An associate degree in accounting or a business-related field is preferred, or four years of related experience.
- Prior cash handling experience required.
- Intermediate skills in a PC based spreadsheet package (Excel or comparable).
- Computer Skills Microsoft Office applications.
- Must have working knowledge of Excel or spreadsheet applications.
Responsibilities
- Revenue Cycle Posts payments for all entities: (Hospital, Clinics, Foundation, Home Health and etc.)
- Chooses proper adjustment codes to match payer types
- Post adjustments for all payers.
- Reviews and approves Managed Care discounts for reasonableness.
- Forwards problems to the Business Office Director/Billers for resolution.
- Prepares daily bank deposits for Prairie Lakes and Foundation.
- Prepares daily reconciliation of cash clearing and cash deposits.
- Reconciles over the counter receipt envelopes and applies to accounts.
- Reconciles A/R and other general ledger accounts as assigned for all entities.
- Confirms ACH receipt amount daily.
- Researches and posts corrections of payments for the Billers.
- Posts payments and adjustments of bad debt accounts.
- Performs research for auditors under the direction of the Business Office and or Finance Director.
- Prepares reports for presentation purposes for accounting/ finance.
- Other Duties Works closely with other departments, such as Accounting, Foundation, and Cafeteria, to assist with cash receipts, posting, and reconciliation as it relates to the general ledger.
- Assures cost and time efficiency of the department by maintaining maximum productivity and cost-effectiveness.
- Maintains confidentiality of all information pertaining to patients, employees, and physicians.
- Demonstrates a positive image of Prairie Lakes Health Care System by applying effective human relations skills with patients, visitors, other employees, and physicians.
Benefits
- Prairie Lakes Healthcare System offers comprehensive benefits for qualifying full-time and part-time employees.
- Depending on eligibility, a variety of benefits include health insurance, dental insurance, vision insurance, life insurance, a 403(b)-retirement plan, and generous paid time off to maintain a healthy home-work balance.
- Additional benefits for those qualifying include: Flexible Spending Account Employee Assistance Program for mental health Education Loan Program Community discounts including the Prairie Lakes Wellness Center
- Prairie Lakes Healthcare System has a Drug Free Workplace Policy.
- An accepted offer will require positive reference checks and pre-employment background screening as a condition of employment.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
Associate degree
