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Payment Reconciliation Analyst
RadNet Fairport, NY
$42k-52k (estimate)
Full Time | Ambulatory Healthcare Services 1 Month Ago
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RadNet is Hiring a Payment Reconciliation Analyst Near Fairport, NY

Job Summary

The Payment Reconciliation Analyst will be responsible for the reconciliation of payments posted to patient accounts, complying with processes and protocol, following all team policies, related procedures, and all compliance plan standards.

Essential Duties and Responsibilities

  • Reconciliation of payments posted to patient accounts in medical billing system to bank deposits/payments received from insurance companies and patients.
  • Explanation and analysis of all variances identified between payments posted to patient accounts and total deposits received from patients and insurance companies.
  • Daily reconciliation/recording of insurance and patient bank deposits to payment posting batches.
  • Timely and accurate research and resolution of identifying where to apply payments received when an insurance remit or explanation of benefits is not sent with the payment.
  • Resolution of unapplied/control/holding accounts, specifically working to resolve insurance payments that are applied to control/holding accounts in the billing system that require researching where the insurance payment should be posted or how it should be posted.
  • Other duties as assigned.

PLEASE NOTE: This is not an exhaustive list of all duties, responsibilities and requirements of the position described above. Other functions may be assigned and management retains the right to add or change duties at any time.

We offercareer advancement opportunities & benefits including: medical / dental / vision coverage, paid time off, paid holidays, a pre-tax 401k plan, a pre-tax flexible spending plan, education reimbursement, free life insurance, inter-company transfer opportunities, hands-on training, and a host of other perks! Work today, get paid today! We've partnered with DailyPay, a voluntary benefit to offer employees access to their pay on their own schedule.

Requirements:

Minimum Qualifications, Education and Experience

  • Ability to accurately & efficiently work in a fast paced environment with a high volume of charges
  • Excel experience
  • Comprehensive decision making ability
  • Strong communication skills - verbal and written
  • Strong ability to research issues and provide resolution
  • Medical insurance process/terminology/site knowledge/experience
  • Ability to multi-task
  • Strong 10 key skills
  • Ability to use accounting calculator
  • 2-3 years of accounting, medical billing or bookkeeping experience
  • Ability to embrace change and respond appropriately even in challenging situations

Quality Standards

  • Communicates, cooperates, and consistently functions professionally and harmoniously with all levels of supervision, co-workers, patients, visitors, and vendors.
  • Demonstrates initiative, personal awareness, professionalism and integrity, and exercises confidentiality in all areas of performance.
  • Follows all local, state and federal laws concerning employment to include but not limited to: I-9, Harassment, EEOC, Civil rights and ADA.
  • Follows OSHA regulations, RadNet and site protocols, policies and procedures.
  • Follows HIPAA, compliance, privacy, safety and confidentiality standards at all times.
  • Practices universal safety precautions.
  • Promotes good public relations on the phone and in person.
  • Adapts and is willing to learn new tasks, methods, and systems.
  • Reports to work regularly as scheduled; consistently punctual with respect to working hours, meal and rest breaks, and maintains satisfactory personal attendance in accordance with RadNet guidelines.
  • Consistently adheres to the time management policies and procedures.
  • Completes job responsibilities in a quality and timely manner.

Physical Demands

This position often requires sitting, standing, walking, bending, twisting reaching with hands and arms, using hands and fingers, handling, constant talking, and hearing. Visual acuity to read computer screens and written materials. Also, must be able to lift over 10 pounds, occasionally.

RadNet is an equal employment opportunity employer and treats all applicants and employees in a fair and non-discriminatory manner without regard to race, color, religion, sex (including pregnancy), gender, gender-identity, national origin, ancestry, genetic information, citizenship, age, mental or physical disability, veteran/military status, qualified disabled veteran, marital/ domestic partnership status, religious creed, medical condition, sexual orientation, political activity, or any other characteristic protected by federal, state or local laws.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Ambulatory Healthcare Services

SALARY

$42k-52k (estimate)

POST DATE

04/24/2023

EXPIRATION DATE

05/19/2024

WEBSITE

radnet.com

HEADQUARTERS

LOS ANGELES, CA

SIZE

3,000 - 7,500

FOUNDED

1984

TYPE

Public

CEO

HOWARD G BERGER

REVENUE

$1B - $3B

INDUSTRY

Ambulatory Healthcare Services

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About RadNet

RadNet is a clinical research firm that provides diagnostic imaging services including magnetic resonance imaging and computed tomography.

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The following is the career advancement route for Payment Reconciliation Analyst positions, which can be used as a reference in future career path planning. As a Payment Reconciliation Analyst, it can be promoted into senior positions as a Patient Accounts Supervisor that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Payment Reconciliation Analyst. You can explore the career advancement for a Payment Reconciliation Analyst below and select your interested title to get hiring information.