Financial Service Representative 1 Sbo - Chicago, United States - RUSH University Medical Center

RUSH University Medical Center

Verified Company

Chicago, United States

2 days ago

Posted by:

Mark Lane

beBee recruiter

Description

Location:
Chicago, IL

Hospital:
RUSH University Medical Center

Department:
SBO Enterprise Services

Work Type:
Full Time (Total FTE between 0. 9 and 1. 0)

Shift:
Shift 1

Work Schedule:8 Hr (8:00:00 AM - 4:30:00 PM)

Summary:
Responsible for daily payment posting and reconciliation to ensure accurate accounts receivable.

The Cash Posting Financial Services Rep I is responsible for reviewing and processing all forms of payments to patient accounts (governmental and non-governmental) in a timely and accurate manner.

This position investigates, evaluates and applies all incoming Self-Pay, Governmental, Blue Cross and Commercial payments into our patient accounting system.

In this position it is necessary to observe insurance and patient payment trends and reports specific to their supervisor or manager.

Actively supports new ideas and technologies that produce a competitive advantage.

Must meet all productivity and quality measures along with carrying on a total accurate reconciling and balancing of all forms of payments posted daily.

This position will exemplify the Rush mission, vision and values and will act in accordance with Rush policies and procedures
Principal Duties and Responsibilities:

Principal Duties and Responsibilities:
SBO (Single Billing Office = Professional and Hospital Billing Cash Posting).

Other information:

Job Requirements:
High school diploma or equivalent is necessary.
College coursework in accounting, finance or office technologies preferred.

Preferred Experience:
Knowledge of revenue cycle fundamentals is required.
Strong organizational and team building skills.
Analytical and mathematical skills
Multi-tasking ability preferred with strong time management skills.

Demonstrate resourcefulness while performing day to day job duties along with being able to adapt to changing situations with ease and speed.

Familiarity with payer 835/ERA file downloading and overall file transfer protocols.
Competencies
Must be able to observe insurance and patient payment trends and report specifics to manager.
Ability to reconcile payments to a control total and correct variances.
Must be able to work independently with a high degree of accuracy.

Responsibilities:

Track lost or misdirected payments by making phone calls to insurance payers, internal RUSH departments or patients. This daily function will also involve investigation and resolution with General Accounting or with other Revenue Cycle departments
Auditing work to determine if payments are being applied accurately and corresponding remittance actions and GL transactions are correct.
Other related duties as assigned.

**Rush is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, and other legally protected characteristics.