About the Role
Role details below.
Responsibilities
- Accurately and timely post cash payments received from various sources, including insurance companies, patients, and other payers, into the billing system.
- Conduct thorough cash posting and denial posting processes, ensuring accuracy and adherence to established procedures.
- Reconcile accounts and resolve discrepancies in cash postings to ensure accurate financial records.
- Maintain a comprehensive understanding of US payer contracts, EOB/ERA codes, and adjustments to accurately apply payments and adjustments.
- Stay updated with changes in reimbursement policies, payer contracts, and industry regulations related to cash posting.
- Maintain documentation of cash posting processes, procedures, and payer-specific guidelines.
- Participate in team meetings and provide input for process improvement initiatives.
Requirements
- 2 years of hands-on experience in revenue cycle management, with a focus on Cash posting.
- Good knowledge of Cash posting and denial posting processes.
- Well-versed in US payer contracts, EOB/ERA codes, and adjustments.
- Good written and verbal communication skills, with the ability to effectively communicate with internal teams and external stakeholders.
- Detail-oriented with strong analytical and problem-solving skills.
- Ability to work independently and in a team-oriented environment.
- Strong organizational skills with the ability to prioritize tasks and meet deadlines.
- Proficient in using computer applications, including MS Excel and billing software.
- Up-to-date knowledge of industry regulations and changes in reimbursement policies.
Nice to Have
- Bachelor’s degree.
- 2 years of related experience.
- Experience required within DME/HME specialty.
- Proficiency in using Brightree software is highly preferred.
- Developing professional expertise, applies company policies and procedures to resolve a variety of issues.
Benefits
- Joining us is more than saying “yes” to making the world a healthier place.
- Discovering a career that’s challenging, supportive and inspiring.
- A culture driven by excellence helps you not only meet your goals, but also create new ones.
- We focus on creating a diverse and inclusive culture, encouraging individual expression in the workplace and thrive on the innovative ideas this generates.
- We commit to respond to every applicant.
Additional Information
- The role is within the revenue cycle management (RCM) function, specifically focused on cash posting and denial resolution.
- Candidates must have experience interpreting EOB/ERA (Explanation of Benefits / Electronic Remittance Advice) codes and applying adjustments correctly.
- Knowledge of DME/HME (Durable Medical Equipment / Home Medical Equipment) specialty billing is required.
- Proficiency in Brightree software is highly preferred.
- The company emphasizes a culture of excellence, diversity, inclusion, and innovation.
