Remittance Advice Analyst

Monument Health Rapid City Hospital•Rapid City, SD

8d•$16 - $19

About The Position

Debit and/or credit of receivables by payor, using HIPAA compliant reason/remit codes. Debit and/or credit of allowances to receivables applied by federal payer and/or managed care contracts. All entries follow acceptable accounting principles and Monument Health guidelines. Proper distribution of funds for goods and services furnished by all facilities including debit or credit entries into general ledger.. Monument Health offers competitive wages and benefits on qualifying positions. Some of those benefits can include: Supportive work culture Medical, Vision and Dental Coverage Retirement Plans, Health Savings Account, and Flexible Spending Account Instant pay is available for qualifying positions Paid Time Off Accrual Bank Opportunities for growth and advancement Tuition assistance/reimbursement Excellent pay differentials on qualifying positions Flexible scheduling

Responsibilities

On a daily basis reviews, balances, and posts the payments received.
Processes payments in accordance with policy and guideline.
On a daily basis key payments to the transaction standards.
Identifies posting issues and determines how to resolve.
Distinguishes if issues are clearinghouse related, system related, banking related.
Demonstrates working knowledge of Physician Billing Software to assist with proper posting of payments from electronic bank posting information.
Prepares the daily bank deposits.
Participates in departmental activities related to performance improvement and quality control.
Attends mandatory training sessions as directed by the Corporate Compliance Officer and the Billing Compliance Officer as recorded in the education logs.
All other duties as assigned.