Cash Posting & Credit Balance Supervisor - Hospital - PFS - Revenue Cycle

Guidehouse • San Marcos, CA

114d • $74,000 - $124,000

About The Position

The Cash Posting & Credit Balance Supervisor is knowledgeable in all aspects of payment processing and is capable of independently executing responsibilities. Also, is responsible for the on-line posting of all accounts receivable payments, balancing system, posting the daily deposit and preparing payment summary information for distribution to Accounting and Business Office Management. This position is responsible for the supervision of cash application specialists, cash/adjustment posting systems and cash/adjustment processes. Performs any and all related job duties as assigned. The Cash Posting & Credit Balance Supervisor will also manage credit balance workloads and respond and follow-up on external and internal inquiries in a timely manner.

Requirements

• Requires a Bachelor's Degree and a minimum 5 years' or an Associates Degree and a minimum 7 years' of prior relevant experience.
• Previous experience within a healthcare provider, payor, insurance, professional business or an outsourcing company.

Nice To Haves

• Multiple systems experience.
• Knowledge and utilization of desktop applications to include Word and Excel.
• Ability to initiate and follow through on projects and work independently.
• Strong written and verbal communication skills.
• PC skills in a Windows environment.

Responsibilities

• Supervises and performs cash application functions relevant to patient financial services.
• Accurately identifies and posts payment and adjustment transactions to patient accounts, client accounts, and to the general ledger.
• Ensures correct contractual adjustment is posted to the patient’s or client’s account.
• Receives, identifies, and batches all over the counter payments for posting.
• Completes control log and balancing receipts for bank deposit.
• Analyzes and accurately reconciles and corrects account postings through research and/or adjustment.
• Balances control logs and daily deposits.
• Posts electronic remits from third party payers to the patient accounting system.
• Balances electronic funds transfer amount to electronic remit.
• Ensures appropriate separation of duties and complies with established audit procedures.
• Knowledgeable and complies with governmental regulations.
• Verifies accuracy of all correspondence prior to sending to the client.
• Provides scheduled and requested reports.
• Ensures aging of accounts falls within client and company guidelines.
• Ensures compliance of all client policies and procedures by staff.
• Researches and responds to all client and patient inquiries received by telephone and mail.
• Updates patient demographic information and initiates account adjustments.
• Tries to resolve account balances to zero prior to accounts being forwarded to an outside agency for collections.
• Ensures daily files are being received and posted.
• Ensures completion of client reconciliations to ensure account balance accuracy.

Benefits

• Medical, Rx, Dental & Vision Insurance
• Personal and Family Sick Time & Company Paid Holidays
• Position may be eligible for a discretionary variable incentive bonus
• Parental Leave
• 401(k) Retirement Plan
• Basic Life & Supplemental Life
• Health Savings Account, Dental/Vision & Dependent Care Flexible Spending Accounts
• Short-Term & Long-Term Disability
• Tuition Reimbursement, Personal Development & Learning Opportunities
• Skills Development & Certifications
• Employee Referral Program
• Corporate Sponsored Events & Community Outreach
• Emergency Back-Up Childcare Program

What This Job Offers

• Job Type: Full-time
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees