AR Payment Analyst

» AR Payment Analyst
Finance & Accounting
in Miramar
, FL
Reference: 19-01783

Duties:

  • Analyze and posts all payments and adjustments daily for assigned centers
  • Proactively develop and maintain reports as needed to ensure that all levels of leadership are informed of potential issues
  • Balances cash daily
  • Maintains reports and advises leadership of discrepancies
  • Coordinate and prepare appropriate reports/responses to Corporate Accounting Department
  • Initiates refunds of identified overpayments
  • Performs appropriate follow-up with payor for payment as appropriate
  • Enters refunds in the AdvantaX system in a timely manner
  • Prepares Check Registry for all refunds keyed in AdvantaX and submits to AP
  • Submits underpayments and overpayment information to appropriate Collector for follow-up
  • Performs weekly allocation of deposits to ensure accurate reporting of credit balances
  • Maintains a credit balance of < 1.0 days in credit balances for each assigned centers.
  • Ensures accurate and timely transfer of patient account balances to AdvantX system
  • Follows-up to ensure timely resolution for cash balance error and bank reconciliation
  • Researches and corrects/applies all transactions relating to unapplied cash
  • Researches and corrects any other cashiering transactions needed
  • Analyze, posts and balances batches to tape totals
  • Ensures timely and accurate processing of all transactions, as per BDP guidelines
  • Posts and monitors daily EFT payments
  • Posts and monitors pay plans through Z-Pay
  • Cross trains and performs other duties as assigned
  • Collaboratively assist other areas of the CBO as needed
  • Adjust personal daily schedule to meet CBO needs in particular to month end or special project needs

Standards:

  • Balance refunds daily and have all completed by 26th of each month
  • The average 1-35 refunds requests processed daily
  • The average 1-200 number of payments posted daily
  • The average 1-200 adjustments posted daily
  • The average 1-10 daily deposits

Behavioral Specific Expectations:

  • Supports and adheres to all company, CBO and Center policies and procedures
  • Supports and adheres to the client’s Code of Conduct, related Ethics and Compliance policies, and HIPAA requirements
  • Supports and adheres to personnel policies and programs which specify privileges and responsibilities of employment, including compliance with an adverse incident reporting system, quality improvement program, patient safety initiatives, and risk management program
  • Displays willingness to speak up about safety issues or change practices to enhance safety; asks for help when needed; enhances teamwork; follows the safety literature/policies

Knowledge, Skills, and Abilities:

  • Organization – Proactively prioritizes needs and effectively manages resources and time
  • Communication – Communicates clearly, concisely and professionally
  • Analytical Skills – Demonstrates ability to critically evaluate and appropriately act upon information. Including development off custom reports
  • Customer Orientation – Establishes and maintains long-term customer relationships, building trust and respect by consistently meeting and exceeding expectations
  • Decision Making – Identifies and understands issues, problems, and opportunities; compares data from different sources to draw conclusions; uses effective approaches for choosing a course of action or develops appropriate solutions; takes action that is consistent with available facts, constraints, and probable consequences
  • Contributing to Team Success – Actively participates as a member of the CBO & Center’s team to move the team toward the completion of goals
  • Policies & Procedures – Articulates knowledge and understanding of organizational policies, procedures, and systems
  • PC Skills – Demonstrates HIGH proficiency in Microsoft Office (Excel, Word, Outlook) applications; knowledge of, or ability to learn, AdvantX – Accounts Receivable System, Smart, HOST and other systems as required.  Demonstrates ability to type on PC keyboard
  • Technical Skills –Ability to operate 10-key, knowledge of invoicing, orders, and general accounting principles

Experience:

  • Minimum 2 years posting experience
  • Analytical skills to research and resolve reimbursement discrepancies based on our contracts
  • General healthcare finance experience

Certificate/License:

  • BLS may be required as per facility standard

Physical Demands/Working Conditions:

This job requires prolonged sitting, some bending, stooping and stretching. It also requires eye-hand coordination and manual dexterity sufficient to operate a keyboard, computer, photocopier, telephone, calculator, and other office equipment.  Requires normal range of hearing/eyesight/voice projection to record, prepare, and communicate appropriately. Requires occasional lifting up to 50 pounds. Work is performed in an office environment. Work may involve dealing with angry or upset people and may be stressful at times.