Payment Posting Manager

Job not on LinkedIn

🔥 1 minute ago

🤠 Texas – Remote

🤠 Texas – Remote

💵 $70k - $116k / year

⏰ Full Time

🟠 Senior

🔴 Lead

👔 Manager

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Guidehouse

WebsiteLinkedInAll Job Openings

10,000+ employees

Founded 2018

🏥 Healthcare

🎖️ Defense

📦 Logistics

💰 Grant on 2023-02

Healthcare • Defense • Logistics

Guidehouse is a global consultancy offering advisory, digital, and managed services across commercial and public sectors. It is purpose-built to support industries such as national security, financial services, healthcare, energy, and infrastructure. Guidehouse collaborates with leaders to navigate complexity and drives transformational changes that impact the future. Their expertise spans data analytics, digital technologies, risk management, and more, with a strong emphasis on sustainability and innovation.

📋 Description

• Oversee daily cash posting and payment reconciliation for hospital and healthcare revenue cycle operations • Ensure patient and payer payments, adjustments, denials and other financial transactions are posted accurately and timely • Lead, train and support cash posting, billing, collections and follow-up staff • Drive cash and accounts receivable resolution and work with payers on resolution and escalation • Manage expected reimbursement variance • Ensure accuracy of CPT4, HCPCS and Revenue Codes • Provide Medicare and payer updates, notices and coverage changes • Review processes and systems and work with IT and billing vendors to maintain billing accuracy • Ensure electronic bill holds meet established goals • Identify and resolve patient accounts receivable issues, payer issues, underpayments and denials • Review and approve credit arrangements, refunds, write-offs and account adjustments • Manage third-party and self-pay account follow-up • Prepare, distribute and present daily, weekly and monthly reporting packages • Monitor departmental performance and productivity and ensure reports are completed timely • Maintain Medicare Bad Debt Log documentation and oversee bad debt vendor reconciliation • Communicate compliance issues and educate employees on compliance procedures • Review and maintain JACHO billing, cash posting and collections requirements • Complete weekly Key Indicator Reports, daily Patient Accounting and Billing Scrubber reports, claim reports and other management reports • Document account activity in the patient accounting system • Develop and execute projects to reduce aged A/R and enhance collections • Manage client service-level metrics and revenue cycle KPIs and develop methods for KPI improvement • Complete assigned special projects within established time frames

🎯 Requirements

• Bachelor’s degree and a minimum 7 years of prior relevant experience; relevant experience may be substituted for formal education or advanced degree • 5 years of healthcare revenue cycle, hospital cash posting, payment posting • Experience with Epic, MEDITECH Magic, and/or MEDITECH 6.x/Expanse • Minimum 2 years of people management experience within the required 7 years of relevant experience • Solid understanding of healthcare revenue cycle • Strong cash posting and reconciliation experience • Excellent critical-thinking skills • Strong AR acumen • Knowledge of State and Federal Rules and Regulations • Knowledge of Medicare regulations and reimbursement • Knowledge of HIPAA compliance and JACHO requirements • Ability to work with CPT4, HCPCS and Revenue Codes • Ability to manage expected reimbursement variance, payer issues, underpayments and denials • Demonstrated competency in working in teams and ability to effectively communicate with all levels • Ability to travel up to 25%

🏖️ Benefits

• Medical, Rx, Dental & Vision Insurance • Personal and Family Sick Time & Company Paid Holidays • Position may be eligible for a discretionary variable incentive bonus • Parental Leave • 401(k) Retirement Plan • Basic Life & Supplemental Life • Health Savings Account, Dental/Vision & Dependent Care Flexible Spending Accounts • Short-Term & Long-Term Disability • Tuition Reimbursement, Personal Development & Learning Opportunities • Skills Development & Certifications • Employee Referral Program • Corporate Sponsored Events & Community Outreach • Emergency Back-Up Childcare Program • Flexible benefits package • Travel required: Up to 25%

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