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Cash Posting Generalist - FCH

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Job Location drjobs

Falls - USA

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Job Description

Title: Cash Posting Generalist

Location: Menomonee Falls WI 53051

Duration: 3 months

Shift Hours: MF 6:30 AM 4:00 PM (Flexible)

**Two years of business office experience in billing customer service or collections in a healthcare environment is required**

DUTIES:

  • Responsible for timely and accurate posting of patient and thirdparty payments.
  • Other duties as assigned.
  • Productivity: Interprets analyses and processes daily cash and remittance advices received (within 24 working hours). Determines the appropriate contractual allowances discounts other allowances transaction codes patient account transfers and approvals required.
  • Maintains daily batch controls to ensure that all cash received or adjustments processed were recorded by the computer systems. Reconciles discrepancies.
  • Reestablishes patient accounts when cash has been received for an account that was previously paid in full or deleted from bad debt.
  • Addresses all credit balance accounts and processes all refunds within one week of receipt.
  • Processes bankruptcy notices within one week of receipt.
  • Reviews and resolves cases posted to cash suspense account within one week of posting.
  • Maintains current knowledge of hospital policy department procedures Wisconsin Uniform Billing regulations (UB04 Manual) HMO/PPO agreements and other contractual arrangements.
  • Researches accounts utilizing PFS systems (Affinity Envision HBOC US Bank Payment Consolidator online tool).
  • Posts payments received on bad debt accounts in accordance with department protocol and communicates appropriate entries for interest and collection expense to General Accounting.
  • Answers telephone walkin inquiries regarding cash posting and thoroughly researches and responds within 24 working hours.
  • Performs reconciliation functions as needed.
  • SKILLS:

  • Two years of business office experience in billing customer service or collections in a healthcare environment is required.
  • EDUCATION:

    • High School diploma or equivalent is required.

    Employment Type

    Full Time

    Company Industry

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