Business Office Lead
1 month ago
- Assist cash services specialists as needed based on daily volume
- Serve as an example to the Cash Services Specialist
- Assist the Cash Services Leadership with assignments and functions within the department
- Process all payments and adjustments received in an accurate and timely manner
- Post all payments received through the lockbox or mailroom and adjustments as identified by insurance explanation of benefits
- Write up all payments on cash receipts log for payments that need to be uploaded
- Write up all adjustments that need to be uploaded on an adjustment log and submit for approval
- Correct payment posting errors
- Balances posted payments before leaving each day
- Submits required paperwork (journal, batch out, batch cover sheets) daily
- Works to identify and resolve payment posting issues
- Works credit report as time permits
- Works the unapplied report as time permits
- Consistently meets metric of posting 2,700 line items per month (excluding electronic payments)
- Maintains a 98% accuracy rate
- Completes ClaimIQ requests within 72 hours
- Researches and transfers payments in Unidentified within 14 days
- Maintains knowledge of the transaction codes and proper utilization
- Ensure confidentiality of all patient accounts by following HIPAA guidelines
- Adheres to compliance of CMS and other payor guidelines
- Responsible for being aware of the current department policies and procedures
- Meet or exceed quality and quantity benchmark targets as established by management (productivity, AR days, Cash Collections, Bad Debt, Past Due Follow Up)
- Communicate daily with management on payor trends identified
- Attend in-services, education sessions and department meetings as scheduled
- Working knowledge of all software systems involved such DAR, Pulse, ClaimIQ and Scanning platform
- Performs other duties as assigned
- High school diploma
- 1 year of Cash experience in a medical setting required
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