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Payment Specialist - Working remotely KY and IN candidates only

Seven Counties
life insurance, flexible benefit account, paid time off, paid holidays, short term disability, long term disability, tuition assistance, 403(b), retirement plan
United States, Kentucky, Louisville
Jan 10, 2025

Job Description:

ESSENTIAL JOB FUNCTIONS

  • Posting insurance payments to client accounts and balancing the remit
  • Opens, separates, alphabetizes and photocopies insurance and self-pay checks.
  • Calculates dollar and cash total on each, reconciles and forwards to accounting.
  • Retrieves and monitors daily for electronic remittances from our vendors for electronic payment postings.
  • Retains copies of insurance co-payment schedules.
  • Compares payments to payment schedules for accuracy of payment contractual adjustment and effective date identifying any discrepancies.
  • Consistently evaluates the accuracy of third-party payments.
  • Consistently initiates appropriate follow-up action to the various third party contractors to address additional post-implementation needs.
  • Reviews all accounts for secondary insurance and overpayments. Reviews all account notes for credit balances and initiates refunds.
  • Reviews payment information, accurately code and applies monies/contractual adjustments to patient accounts.
  • Scans and downloads payment batch reports. Maintains unidentified payment log daily.
  • Consistently is attentive to record keeping and documentation of work performed to include but not limited to the unrecorded cash spreadsheet.
  • Demonstrates a consistent level of performance; maintains progress on special report projects; informs manager of progress status and strives to meet deadlines.
  • Collects monies for the amount owed by the patient and other unpaid accounts in a courteous, but firm manner.
  • Applies monies to patient accounts and reconciles Cash Receipts and Self Pay checklist daily.
  • Verify, apply and balance cash receipts received from our many outpatient areas.
  • Reviews and makes direct deposit electronically for credit cards.
  • Reviews billing data obtained during registration to determine discharge status and look for any deficiencies (i.e. copy of cards, errors from registration).
  • Information is obtained or corrected on or before discharge.
  • Communicates changes with co-workers promptly and courteously.
  • Performs other duties as assigned by Accounts Receivable Manager.

EDUCATION

  • High school graduate or equivalent required.

EXPERIENCE

  • Minimum of three years medical billing payment posting experience required.
  • Prior insurance knowledge preferred.
  • Knowledge of patient types, financial classes, insurance estimates, and entities preferred.
  • Proficient ten key skills or abilities required.
  • Attention to detail is essential.

PHYSICAL DEMANDS

  • Position has no unusual demands.
  • Typical office job with occasional lifting and carrying of up to 10 pounds.
  • Position may require walking or standing, stooping, or bending.
  • Minor discomfort from continual use of video display terminal.

Time Type:

Full time

We continually help our community and employees flourish... one life at a time. As a Seven Counties Services employee there are many benefits to enjoy. Below are just some of the great benefits you might be eligible for with Seven Counties Services.

  • Health & Wellness
    • Medical Coverage
    • Dental Coverage
    • Vision Coverage
    • Flexible Spending Account
    • Health Savings Account
    • Short Term Disability
    • Long Term Disability - Company Paid
  • Financial Wellbeing
    • Competitive Compensation Packages
    • Life Insurance - Company Paid
    • Accidental Death & Dismemberment Insurance - Company Paid
    • 403b Retirement Plan with Company Funded Matching
    • Retirement and Financial Planning Services
  • Career Development and Growth
    • Tuition Assistance Plans
    • Loan Forgiveness options through federal programs (National Health Service Corps & Public Service Loan Forgiveness)
    • Student Loan Repayment Assistance
    • Clinical Supervision toward licensure and reimbursement for certain license applications
    • At Seven Counties Services training is one of our highest priorities. We provide company paid professional training for various skills, certifications, and continuing education
    • Opportunities for growth and movement - We encourage our employees to consider new growth opportunities with us
    • Leadership Academy for our rising stars, supervisors, and leaders
    • Seven Counties Services and Center for Clinical Excellence provide staff with industry best practices and processes
  • Work Life Balance
    • Paid Time Off - Generous PTO for Vacations, Illness, Personal Days, Etc. (10 Paid Holidays)
    • Flexible Work Schedules to promote a Healthy Work Life Balance
    • Employee Assistance Program - assists employees with personal problems and/or work-related problems that may impact their job performance, health, mental and emotional well-being
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