Lead Cash Posting Specialist

SUNY Downstate Health Sciences University•New York, NY

1d•Onsite

About The Position

The Department of Hospital Finance at SUNY Downstate Health Sciences University is seeking a full-time TH Financial Analyst / Lead Cash Posting Specialist. SUNY Downstate Health Sciences University is one of the nation's leading metropolitan medical centers and the only academic medical center in Brooklyn. It serves a diverse population and is highly-ranked for training doctors.

Requirements

High School Diploma or equivalent.
5 to 7 years of cash posting experience in a hospital setting.
Experience with Eagle registration and billing system.
Or, a satisfactory equivalent combination of experience, education and training.

Responsibilities

Ensure that all cash received is posted to the individual patient accounts within two days of receipt and reconcile cash posted daily to the printed batches.
Reconcile electronic postings with cash received.
Research and retrieve monies belonging to UHB facility from other Lock Box/payees.
Ensure that all unidentified accounts have been researched and posted or transferred within the same posting batch and/or date.
Responsible for application of on-account money to the respective reference number.
Assist in training and retraining of employees in the Cash Posting unit.
Maintain all vouchers and cash receipts in an orderly manner.
Prepare monthly statistics of posted payments to reflect all posting for the month.
Assist patients and other staff members with any account information if necessary.
Responsible for researching and selecting electronic files for posting.
Analyze and reconcile all electronic posting utilizing daily bank statement, 835 files and Lawson report.
Post adjustments when necessary for inpatient and outpatient.
Responsible for daily manual posting all aspects of cash via Eagle system from third party.
Responsible for using the OC44 report to adjust accounts balances for co-payments and co-insurance.
Prepare the breakdown of cash posted electronically and manually by insurance and the year of service for statistical purposes.
Use excel file to prepare cash breakdown for monthly OPD transfer file and daily deposit.
Post denials using DNY entry code and entering the appropriate denial codes.
Identify over-payments by the same payer. identify, Investigate and prepare disbursement requests for patients' refunds of duplicate payments as needed.