Cash & Refund Specialist | BAR - Cash and Refunds | Day I Full Time

UF Health • Gainesville, FL

90d

About The Position

The position involves applying payments from patients and third-party payers to accounts, determining and applying appropriate contractual adjustments based on contractual obligations with contracted payers, and verifying system balances for accuracy. The role ensures the financial integrity of UF Health Physicians by accurately processing and expediting payment and adjustment processes. Daily responsibilities include balancing assigned payment batches and reviewing credit balances to determine the appropriate course of action needed to resolve them accurately. Additionally, the position requires preparing batch documents for imaging.

Requirements

• High school graduate required.
• Above average math skills.
• Keyboard and calculator proficient.
• Prefer some college level business, finance or accounting courses.
• Minimum of one-year experience in a business setting dealing with finance, accounting or collection systems.
• Two-year degree may substitute for one-year experience in a business setting.
• Must be organized, communicative, and have good problem-solving ability.
• Must be able to adapt quickly within a high volume environment.
• Prefer three years of general clerical experience.
• Four-year degree may substitute for three years clerical experience and one-year experience in a business setting.

Responsibilities

• Apply payments from patients and third-party payers to accounts.
• Determine and apply appropriate contractual adjustments based on contractual obligations.
• Verify system balances for accuracy.
• Ensure financial integrity by processing and expediting payment and adjustment processes.
• Balance assigned payment batches on a daily basis.
• Review credit balances to determine appropriate resolution.
• Prepare batch documents for imaging.

What This Job Offers

• Industry: Ambulatory Health Care Services
• Education Level: High school or GED