AR Specialist

Finance & Accounting
in Orlando
, FL
Reference: 19-02040

General Summary:

  • Under supervision, the Accounts Receivable Specialist performs posting of incoming cash for account receivable
  • Provides billing representative with discrepancies of expected vs. received payments
  • Copies any denied remits for the billing representative
  • Balances incoming cash to postings with zero discrepancies
  • Actively participates in outstanding customer service and accepts responsibility in maintaining relationships that are equally respectful to all
  • Adheres to the client’s Corporate Compliance Plan and to all rules and regulations of all applicable local, state, and federal agencies and accrediting bodies

Knowledge and Skills Required:

  • Uses discretion when discussing personnel/patient related issues that are confidential in nature
  • Is responsive to ever-changing matrix of hospital needs and acts accordingly
  • Proficient in performance of basic math functions
  • Capability of communicating professionally with an acceptable use of English and spelling
  • Ability to accept responsibility and serve as liaison for patients and collection agency
  • Ability to work with people of various backgrounds

Knowledge and Skills Preferred:

  • Computer skills to include Web MD, Host, EPIC, and Microsoft Office

Principal Duties and Job Responsibilities:

  • Demonstrates through behavior the client’s core values of integrity, compassion, balance, excellence, stewardship, and teamwork as outlined in the organization’s performance excellence program
  • Posts all checks, correspondence and general ledger payments accurately and within designated time frame established by Management
  • Posts contractual adjustments accurately and applies appropriate adjustments for payment discrepancies to facilitate timely follow up by collection teams
  • Produces system reports for all transactions posted and prepares checks for deposit by applying appropriate practice endorsement and making accurate entry on the Cash Journal Ledger
  • Reconciles the general ledger report against payments posted through Patient Financial Services to ensure transactions applied to correct GL account for posting to patient account
  • Documents current information on account as needed to maintain quality customer service
  • Maintains productivity within established standards of performance
  • Adheres to HIPAA regulations by verifying pertinent information to determine caller authorization level receiving information on account
  • Is aware of departmental changes, standards, and goals as disseminated in department meetings and demonstrates compliance by successfully completing assignments within designated timeframes while maintaining or exceeding audit standards
  • Facilitates smooth and efficient operation of department by being available and prepared to work during scheduled working hours and attending meetings as requested by Management
  • Makes productive use of time
  • Monitors time and attendance to limit use of unauthorized overtime
  • Performs other duties as assigned or directed to ensure the smooth operation of the department