PFS Posting Clerk-8115

Kingman Regional Medical Center • Kingman, AZ

2d • Onsite

About The Position

Cash Posting Specialist is responsible for prompt, accurate, and daily posting of transactions to KHI’s accounting systems/software to ensure that patient accounts are accurately valued based according to the patient’s specific insurance status.

Requirements

• High School Diploma or Equivalent
• Computer and Software usage abilities including: Web searching and website review, Spreadsheet software (Excel, OpenOffice, Google Office, or similar), Word processing (Word, OpenOffice, Google Office, or similar), Basic keyboarding skills
• Demonstrated ability to read and analyze an Explanation of Benefits (EOB) or Electronic Remittance Advice (ERA)
• Familiarity with hospital billing (UB-04) and Physician billing (CMS-1500)
• Knowledge of commercial, Medicare, Medicaid, and managed care payer processes.
• Basic accounting principles for balancing and reconciling payments.
• Knowledge of general ledger postings and adjustments.
• Ability to work across multiple platforms and payer portals.
• Ability to identify discrepancies and resolve posting errors while completing fast, error-free posting of payments and adjustments.

Nice To Haves

• One (1) or more years of experience posting transactions to an accounting system.
• One (1) or more years of experience in healthcare.
• Understanding of billing, collections, denials, and payment posting workflow.

Responsibilities

• Processing several batches per day from a daily batch transactions assignment worklist.
• Completing batches with transactions from a variety of payment sources such as governmental entities, commercial insurers, client businesses, and individuals from within the community served by KHI.
• Processing batches that have multiple transactions per batch, including multiple patient account systems.
• Validating that payments are received in the bank before posting and reviewing for duplications.
• Accurately posting all transactions exactly as they appear on supporting documentation such as an Explanation of Benefits (EOB).
• Consistently meeting productivity and quality standards.
• Balancing each batch to the penny before posting (making sure that the exact correct amounts are confirmed before completing the transaction).
• Performing peer review of batches completed by other team members.
• Post all payments received (regardless of payment method) with perfect balancing to deposit and remittance advices.
• Research overpayments, underpayments, recoupments, offsets, and other slightly complex transactions to ensure accurate transactions posting.
• Correctly posting miscellaneous transactions to the correct GL accounts (and ensuring that the transactions properly debited/credited an account).
• Independently research and resolve most moderately complex transactions with high degree of accuracy after research.
• Regularly offers process, technology, training, or other relevant improvement suggestions to management for evaluation.
• Performs other duties as assigned to support overall effectiveness of department and organization.

What This Job Offers

• Career Level: Entry Level
• Education Level: High school or GED