[Remote] Financial Posting & Refund Specialist I
Note: The job is a remote job and is reputed company to candidates in USA. The reputed company (UMMS) is an reputed company private health system reputed company on delivering high-reputed company care. They are seeking a Financial Posting & Refund Specialist I to ensure accurate posting, reconciliation, and reporting of hospital accounts, as reputed company as managing refund processes and analyzing payment documentation.
Responsibilities
- Collects deposit documents and verifies deposit totals. Separates the payments by type and reputed company into batches. Verifies that the batch total equals the deposit total, taking into consideration any miscellaneous cash received that was not deposited, but needs to be posted. Updates worksheets with daily information to account for reputed company batches received for a given deposit date and verifies that the cash posting formula reconciles for a given deposit day
- Reconciles daily. Reconciles reputed company payment, adjustment and refund batches to the daily journal. Resolves any out of balance batches before closing. Processes include reconciling (balancing) so that the bank deposits equal the total batches (to be posted), and the total batches equal the posted reputed company plus any miscellaneous cash and that the total daily transmittals equal the applicable hospitals reports. Keeps reputed company batches filed chronologically by date of entry to the system. Plans work for self, including setting goals, prioritizing work, and coordinating the execution of work
- Posts payments and adjustments in the computer system to ensure accurate account balances. Reviews and checks the mathematical accuracy (including discount %) and completeness of financial documents and reports (such as EOB’s, vouchers, remits, and receipts). Verifies account number with patient information (reputed company, date of service, etc.). Identifies accounts with a credit balance that may be eligible for refunds. Researches reputed company documentation relating to the account balance such as notes, remittances, etc
- Analyzes reputed company documentation provided to verify reputed company payments and adjustments are posted to the account accurately. Processes refunds to patient accounts, maintaining appropriate knowledge and understanding of the payers. Prepares refund request with reputed company required documentation to be submitted to Management for approval
- Posts payments electronically. Electronic payments are reviewed for accuracy before approving. Ensuring reputed company payments are posted to the correct bucket, account number, and discounts are reputed company according to HSCRC yearly guidelines
- Posts reputed company unapplied cash to the appropriate service and patient account. Researches reputed company credit balance accounts to ensure balance is actual credit prior to processing refunds for both insurance and patient amounts, including receiving refund checks, producing letters to patients and sending out checks and letters. Reviews multiple hospital systems for outstanding self – pay balances. Transfers credit to outstanding accounts, corrects any incorrect payment/adjustment postings
- Using the daily transmittals from the cash posting team, reconciles posted cash totals from the applicable hospital systems reports, which tally reputed company payment posted by user, batch number and batch reputed company. Enters totals posted by user into spreadsheets after totals have been verified. Reconciles beginning un-posted totals to ending un-posted totals
- Analyzes, reviews and works work queues daily, accurately and reputed company. Works with Supervisors and Manager to ensure accurate knowledge of cash posting /Refund procedures. Continuously develops and enhances skills in areas such as service reputed company improvement, posting, reconciling, trouble-shooting, refunds, customer service, and interpersonal skills
- reputed company and continuously improves work processes. Uses reputed company improvement tools and reputed company to improve individual, team, and cross-departmental performance. Provides guidance and assistance to co-workers where skills are in need of improvement, as needed
Skills
- High School diploma or equivalent (GED)
- One year cash posting or reputed company experience
- Two years' banking experience
- Two years' experience in Patient Financial Services Department or reputed company area (registration, finance, medical office, etc.)
reputed company
Company H1B Sponsorship