61st Street Service Corporation
Payment Posting Reconciliation Specialist II
61st Street Service Corporation, Fort Lee, New Jersey, us, 07024
Career Opportunities with 61st Street Service CorpCurrent job opportunities are posted here as they become available.Payment Posting Reconciliation Specialist II #Full Time
The Payment Posting Reconciliation Specialist II is responsible for ensuring the timely processing and posting of electronic remit files, and manual batches. Responsibilities include ensuring all payments are posted according to our policy and procedure and SOP, ensuring electronic remittance advices are received according to schedule; investigating delays in file receipt; reconciling files with bank electronic funds transfers; working with payers to resolve any issues. The Payment Posting Reconciliation Specialist is also responsible for identifying payers that can offer ERA/EFT vs paper checks on working with IT to implement.Job Responsibilities:Monitor daily cash deposits and report any delays in payment processing that may occur with the bank, finance or posting vendor.Work with the posting vendor to appropriately identify and allocate cash that is received without documentation.Facilitate resolution of clearing accounts.Communicate cash posting delays to leadership. Ensure timely processing of cash batches and electronic remits.Conduct monthly quality audits on cash posting.Escalate issues and problems to Supervisor as appropriate.Review Ecommerce website to ensure files are received, check data is available and all information is sent to HCL.Confirm reconciliation of HCL files with E-commerce.Review HCL to determine if any paper checks can be converted to EFT/ERA.Review EFT/ERA enrollment information and confirm there are no issues.Ensure timing of files is followed based on banking and clearing house information.Review bank statement to ensure there is no gap in posting vs monies received.Run adhoc reports to review payments posted in practice management system.Assist with the provider enrollment of new ERA/EFT.Perform other job duties as required.Job Qualifications:High school graduate or GED certificate is required.A minimum of 2 years’ experience in a physician billing or third party payer environment.Candidate must demonstrate a strong customer service and patient focused orientation and the ability to understand and communicate insurance benefits explanations, exclusions, denials, and the payer adjudication process.Must demonstrate effective communication skills both verbally and written.Functional proficiency in computer software skills (e.g. Microsoft Word, Excel and Outlook, E-mail, etc.)Experience in Epic and/or other electronic billing systems is preferred.Knowledge of medical terminology, diagnosis and procedure coding is preferred.Previous experience in an academic healthcare setting is preferred.Hourly Rate Ranges: $22.78 - $30.77Note: Our salary offers will fall within these ranges based on a variety of factors, including but not limited to experience, skill set, training and education.61st Street Service CorporationAt 61st Street Service Corporation, we are committed to providing our client with excellent customer service while maintaining a productive environment for all employees. The Service Corporation offers a competitive comprehensive benefit package to eligible employees, including healthcare and various other benefits including paid time off to promote a healthy lifestyle.We are an equal employment opportunity employer and we adhere to all requirements of all applicable federal, state, and local civil rights laws. Please be advised that the corporation requires COVID-19 vaccinations for all employees unless an exemption request for a disability/medical or religious accommodation has been approved.
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The Payment Posting Reconciliation Specialist II is responsible for ensuring the timely processing and posting of electronic remit files, and manual batches. Responsibilities include ensuring all payments are posted according to our policy and procedure and SOP, ensuring electronic remittance advices are received according to schedule; investigating delays in file receipt; reconciling files with bank electronic funds transfers; working with payers to resolve any issues. The Payment Posting Reconciliation Specialist is also responsible for identifying payers that can offer ERA/EFT vs paper checks on working with IT to implement.Job Responsibilities:Monitor daily cash deposits and report any delays in payment processing that may occur with the bank, finance or posting vendor.Work with the posting vendor to appropriately identify and allocate cash that is received without documentation.Facilitate resolution of clearing accounts.Communicate cash posting delays to leadership. Ensure timely processing of cash batches and electronic remits.Conduct monthly quality audits on cash posting.Escalate issues and problems to Supervisor as appropriate.Review Ecommerce website to ensure files are received, check data is available and all information is sent to HCL.Confirm reconciliation of HCL files with E-commerce.Review HCL to determine if any paper checks can be converted to EFT/ERA.Review EFT/ERA enrollment information and confirm there are no issues.Ensure timing of files is followed based on banking and clearing house information.Review bank statement to ensure there is no gap in posting vs monies received.Run adhoc reports to review payments posted in practice management system.Assist with the provider enrollment of new ERA/EFT.Perform other job duties as required.Job Qualifications:High school graduate or GED certificate is required.A minimum of 2 years’ experience in a physician billing or third party payer environment.Candidate must demonstrate a strong customer service and patient focused orientation and the ability to understand and communicate insurance benefits explanations, exclusions, denials, and the payer adjudication process.Must demonstrate effective communication skills both verbally and written.Functional proficiency in computer software skills (e.g. Microsoft Word, Excel and Outlook, E-mail, etc.)Experience in Epic and/or other electronic billing systems is preferred.Knowledge of medical terminology, diagnosis and procedure coding is preferred.Previous experience in an academic healthcare setting is preferred.Hourly Rate Ranges: $22.78 - $30.77Note: Our salary offers will fall within these ranges based on a variety of factors, including but not limited to experience, skill set, training and education.61st Street Service CorporationAt 61st Street Service Corporation, we are committed to providing our client with excellent customer service while maintaining a productive environment for all employees. The Service Corporation offers a competitive comprehensive benefit package to eligible employees, including healthcare and various other benefits including paid time off to promote a healthy lifestyle.We are an equal employment opportunity employer and we adhere to all requirements of all applicable federal, state, and local civil rights laws. Please be advised that the corporation requires COVID-19 vaccinations for all employees unless an exemption request for a disability/medical or religious accommodation has been approved.
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