Remittance Advice Analyst

Monument Health • Rapid City, SD

73d • $16 - $18

About The Position

The position involves the debit and/or credit of receivables by payor, using HIPAA compliant reason/remit codes. It includes the debit and/or credit of allowances to receivables applied by federal payer and/or managed care contracts. All entries must follow acceptable accounting principles and Monument Health guidelines, ensuring proper distribution of funds for goods and services furnished by all facilities, including debit or credit entries into the general ledger.

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 them.
• 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.
• All other duties as assigned.

Benefits

• 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 (extra pay for working evening, nights or weekends)
• Flexible scheduling

What This Job Offers

• Job Type: Full-time
• Industry: Hospitals