Revenue Cycle Payment & Reconciliation Representative
About The Position
Join Max Surgical Specialty Management , an innovative leader in the healthcare industry, as we embark on an exhilarating journey of growth and expansion! We are seeking a motivated and dynamic individual to join our Revenue Cycle Management Team as a Revenue Cycle Payment & Reconciliation Representative . What You'll Do: The Revenue Cycle Payment & Reconciliation Representative will be responsible for ensuring that all monthly payment reconciliations, pending adjustments and lock box correspondence discrepancies are completed in a timely manner. Through collaboration and proficiency in technology, the role contributes to the financial integrity and operational success of the organization. The successful candidate will be able to: ·Review EOBs and ensure that all high-volume incoming adjustments are posted accurately and in a timely manner ·Reconcile payments and deposits according to departmental operational procedures ·Retrieve payments from various provider portals and review electronic remittance advice postings where applicable ·Track and research unapplied cash while performing root cause analysis and escalating issues to management as necessary ·Review electronic remittance advice posting for proper application to system records ·Work with the Accounting Department to complete the month-end reconciliation process ·Serve as a back up to post payments and adjustments during month end close ·Reconcile EFT and check payments daily ·Work with the posting vendor to identify and allocate payments received without documentation ·Process insurance credit card payments (received by mail, email, fax, lockbox) for all locations and upload/log the EOB ·Daily reconciliation of Card Pointe, and process patient refunds through Card Pointe for credit card transactions ·Document patient ledger and mail patient receipts ·Manage and document all returned checks ·Work closely with the Business Administrator to solve the missing payments or any issue related to payments ·Assist the Business Administrator, with EFT upload platforms and related tasks ·Serve as a back up to business administrator on incoming mail ·Work with posting vendor on daily pending adjustments, lockbox issues and credit balance reviews ·Perform any and all other duties as assigned
Requirements
- High School Diploma or GED
- The ability to handle multiple tasks simultaneously, meet time sensitive deadlines and organize workload with general supervision
- Effective critical thinking, creativity, problem-solving, and decision-making skills
- Excellent verbal and written communication and leadership skills
- Must be detail-oriented and thorough with excellent organizational skills
- Proficiency with Microsoft Office Suite of products and ability to learn other applications proficiently
Nice To Haves
- Medical billing, and payment posting experience highly preferred, but not required (willing to train the right candidate)
Responsibilities
- Review EOBs and ensure that all high-volume incoming adjustments are posted accurately and in a timely manner
- Reconcile payments and deposits according to departmental operational procedures
- Retrieve payments from various provider portals and review electronic remittance advice postings where applicable
- Track and research unapplied cash while performing root cause analysis and escalating issues to management as necessary
- Review electronic remittance advice posting for proper application to system records
- Work with the Accounting Department to complete the month-end reconciliation process
- Serve as a back up to post payments and adjustments during month end close
- Reconcile EFT and check payments daily
- Work with the posting vendor to identify and allocate payments received without documentation
- Process insurance credit card payments (received by mail, email, fax, lockbox) for all locations and upload/log the EOB
- Daily reconciliation of Card Pointe, and process patient refunds through Card Pointe for credit card transactions
- Document patient ledger and mail patient receipts
- Manage and document all returned checks
- Work closely with the Business Administrator to solve the missing payments or any issue related to payments
- Assist the Business Administrator, with EFT upload platforms and related tasks
- Serve as a back up to business administrator on incoming mail
- Work with posting vendor on daily pending adjustments, lockbox issues and credit balance reviews
- Perform any and all other duties as assigned
Benefits
- Highly competitive salaries & annual performance and compensation reviews
- Competitive health insurance and benefits, including medical, dental, vision, disability, and more
- 401k retirement savings plan that includes employer match
- Generous Paid Time Off, sick leave, and paid holidays
- Advance your career growth with opportunities in the most extensive growing oral surgery practice in the Northeast
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
High school or GED
