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Remittance Representative, Physician Billing Specialist

2 months ago


Tinton Falls, New Jersey, United States Hackensack Meridian Health Full time
About the Role

We are seeking a highly skilled Remittance Representative to join our team at Hackensack Meridian Health. As a key member of our financial operations team, you will play a critical role in ensuring the accurate and timely processing of remittances and payments.

Key Responsibilities
  • Process and reconcile bank deposits, remittance, and payment files, ensuring accurate and timely posting of electronic remits.
  • Communicate with payers and clearinghouses to resolve missing remittance issues, opening tickets as needed.
  • Ensure daily core functions are completed and balanced accurately, including posting of lockbox batches, remittance advice, and credit card exceptions.
  • Track and trend exceptions to core business functions, reviewing errors on electronic remittance advice files and escalating to appropriate entities.
  • Prepare cash reports for management and finance, as well as general ledger journals for deposits.
  • Act as a liaison between departments, including finance, access, patient financial services, and internal IT, on remittance-related queries.
  • Oversee all aspects of cash management, identifying issues and recommending process enhancements for quality improvement.
  • Assist in training and education of support staff, as well as reviewing remittance advice or explanation of benefits received from the lockbox correspondence or agencies.
  • Process incoming insurance correspondence and payments to HMH locations, and assist customer service associates as needed to resolve and research payment issues.
Requirements
  • Associate's degree or equivalent experience.
  • Minimum of 2 or more years of experience in physician billing, remittance processing, and/or a customer service-oriented position.
  • Good accounting skills with emphasis on reconciliation.
  • Excellent data entry skills.
  • Good analytical skills.
  • Must be able to quickly and accurately count money and checks.
  • Excellent written and verbal communication skills.
  • Proficient computer skills, including Microsoft Office and/or Google Suite platforms.
Preferred Qualifications
  • Strong knowledge of banking systems.
  • EPIC experience/knowledge.
  • Proficient in Windows applications and hospital billing systems.