Accounts Receivable Payment Specialist

2 weeks ago


Media, Pennsylvania, United States Hart Medical Equipment Full time
Job Summary

Hart Medical Equipment is seeking a highly skilled and detail-oriented Accounts Receivable Payment Specialist to join our team. As a key member of our financial operations team, you will be responsible for ensuring the accuracy and timeliness of customer accounts.

Key Responsibilities
  • Coordinate daily incoming transactions, including cash, checks, credit, and electronic funds transfers from patients, Medicare, Medicaid, and other third-party payers.
  • Process one-time credit card transactions and record all transactions in our billing software using a combination of auto-posting and manual posting.
  • Gather new data daily for posting and distribute it to team members for completion.
  • Create and complete various reports, including reconciliations and account summaries.
  • Review reversals and refunds before forwarding them to the appropriate departments and personnel.
  • Ensure that monies, adjustments, refunds, and unapplied cash are posted correctly and in a timely manner.
  • Report any discrepancies in accounts to management or correct them when able.
  • Ensure deposits and postings on the computer are balanced daily and at month-end.
  • Keep management informed of changes that affect accounts receivable.
  • Work with other departments to troubleshoot and resolve accounts receivable problems.
  • Inform management of known software issues and follow up until resolved.
  • Sort and distribute daily incoming mail.
  • Make daily bank deposits electronically and occasionally in person.
  • Maintain records of transactions both physically and electronically.
  • Rotate/move physical records according to deposit date.
Requirements
  • High school diploma or general education degree (GED).
  • Minimum of six (6) months in a medical-related field and/or training; or equivalent combination of education and experience.
Skills and Abilities
  • Excellent interpersonal, written, and verbal communication skills.
  • Attention to detail.
  • Good data entry skills.
  • Proficiency with computers, with strong typing skills.
  • Good organization skills.
Language Skills

Proficient in English (verbal and written).

Work Environment

The work environment is an office setting.



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