Payment Posting Specialist, 250 E Liberty, 8:00a-4:30p

Job Description

UofL Health is a not-for-profit 501(c)(3) fully integrated regional academic health system with nine hospitals, four medical centers, Brown Cancer Center, Eye Institute, more than 250 physician practice locations, and more than 1,200 providers in Louisville and the surrounding counties, including southern Indiana. With more than 14,000 team members – physicians, surgeons, nurses, pharmacists and other highly-skilled health care professionals, UofL Health is focused on one mission: to transform the health of communities we serve through compassionate, innovative, patient-centered care.

Essential Functions

• Ensures accurate and timely payment entry: Posts payments to practice management system All payments posted within 72 hours of receipt Resolves all outstanding payments by end of month Posts payments received through the bank lockbox/ACH, UofL Treasury and patient payments Balances batches and run transaction reports Reconciles all payments posted to bank deposit information Posts payer adjustments and rejections to the appropriate patient account Ensures accurate posting of all transactions Communicates with insurance payers, internal customers, when necessary, to resolve payment issues Researches and resolves unidentified payments Maintains third-party payments through bi-weekly transfers Resolves all credit balances Identifies accounts that require refunds, preparing all required documentation

Other Functions

• Batches payments according to various payer types Makes copies of each check and balances original to check copies Completes tasks by deadline After leadership approval, responsible for transferring payments from one account to another Identifies and reports all trends that may provide insight into payment challenges Phone contact with insurance companies, patient, physician office, attorney, etc for additional information to process payment Initiates refunds Receives, opens, and sorts incoming payments for patient accounts Daily run check through check scanner for deposit Completes the direct deposit form and work with Finance on reporting Maintains compliance with all company policies, procedures and standards of conduct Attends seminars as requested Performs other duties as assigned

Education

High School Diploma or equivalent required. Experience Two years of experience as data entry in a health care environment preferred.