Payment Reconciliation Rep

The Payment Reconciliation Representative is responsible for the daily, monthly and yearly reconciliation process for all patient and non-patient cash received throughout the Hospital’s Business office. Working closely with the Cash Management Team, Accounting and Finance, identify research and resolve any cash balancing issues that may arise.

ESSENTIAL FUNCTIONS:

· Exports and compiles cash transaction reports and maintain a database used to reconcile, track and research payment transactions.

· Reconciles patient and insurance related payments received on a daily basis.

· Maintains a record of all-general ledger reporting and reconciles with Finance on a monthly basis for patient and non-patient transactions.

· Provides support and oversight of cash collection processes, confirms that deposits are being generated and confirmed as specified in the documented workflow. Communicates to supervisor any locations and/or users who are non-compliant or needing improvement.

· Prepares and reports out on monthly patient cash reconciliation for the enterprise within three business days of month end close.

· Apply established accounting principles when recording / reconciling patient and insurance payments. Assist with the creation of new or changing accounting treatment for cash deposits and support the cash and accounting teams as questions arise.

· Assists in payment posting functions, as necessary. Prints EOB’s and prepare batches for posting when needed.

· Supports cash reconciliation process for all point of service payments received throughout the enterprise including cash, check and credit card transactions.

· Records and posts all live checks and delivers to supervisor or manager for bank deposit.

· Maintains reconciliation log for all cashiering locations under Business Services

· Works with banking partners via phone and through banking portals to assist in reconciliation process.

To apply for this job email your details to kmaynor@bettingerco.com