Accounting Specialist
7 days ago
Hudson Regional Hospital is a distinguished healthcare institution in Secaucus, New Jersey.
**Company Overview:**
We are committed to building a healthier community through exceptional care, advanced technology, and knowledgeable physicians. We take pride in being the #1 choice for surgery, boasting the Institute for Robotic Surgery, equipped with the latest surgical robots and six SRC Center of Excellence designations.
This places us at the forefront of robotic and minimally invasive surgery, with the unique distinction of being the world's first hospital to receive the SRC Center of Excellence designation in Robotic Spine Surgery.
**Job Summary:
We invite you to join our team as an Accounting Specialist - Revenue Cycle, responsible for planning and scheduling work for staff, supervising daily activities, analyzing revenue, resolving discrepancies, and maintaining confidentiality.
**Key Responsibilities:*
- Plan and schedule work for staff to ensure proper distribution of assignments and adequate staffing for subsequent performers of duties.
- Supervise the daily activities of Remittance Processing involving multiple Accounts Receivable Projects.
- Analyze revenue to identify trends in billing and collection issues.
- Resolve EOB discrepancies and research funds.
- Review correspondence and rejection data from insurance carriers.
- Develop, supervise, and maintain daily cash processing workflow and associate reconciliation.
- Review current status of patient accounts to identify and resolve billing, complex claims, and processing problems in a timely manner.
- Analyze claims system reports to ensure that underpayments are correctly identified and collected from key carriers.
- Maintain confidentiality in regards to patient accounts status.
- Provide work directions, guidance, coaching, and training for staff.
- Ensure all money received to general ledger match posting receipts.
- Maintain contact with Medical Records and other departments to obtain and analyze additional patient information to document and process billing.
- Conduct Internal Audits of Billing and Coding Activities to determine status of the bills.
**Requirements:**
To be successful in this role, you will need a High school Diploma or equivalent and minimum 2 years experience in Billing/Revenue. A College degree is preferred.
**Compensation:** The estimated salary for this position is $65,000 - $80,000 per year, depending on experience.
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