Financial Analyst
Successful candidates will also be able to advise management on the allocation of resources to best accomplish objectives and prepare reports for management. This Financial Analyst role is a long-term contract / temporary employment opportunity and is located in the Scranton, Pennsylvania, area
Manage outstanding accounts receivable. Resolve outstanding balances, resubmitting claims and providing necessary information to support prompt payment. Parties which may be contacted to resolve an outstanding balance include but are not limited to patients, responsible parties, insurance carriers, case managers, employers, referring providers, attorneys and facility personnel
Follow up on outstanding accounts receivable, focusing on maintaining aged receivables within 90 days of days outstanding. Includes researching aged account reports, outstanding “to-do” list, and processing problematic EOB’s
Identify, correct and communicate payment posting errors to staff
Make all necessary corrections in the billing system. Research and resolve claims rejected by payer
Identify billing and coverage concerns. Communicate with billing and front office staff regarding billing requirements not being met
Answer patient and facility questions about account balance and status of payment
Identify, correct and communicate facility errors to appropriate parties involved and produce corrective action plans accordingly
Identify and communicate payment trends to Supervisor & /or Director Revenue Cycle, related to payers, CPT codes, diagnosis codes, etc.
Research outstanding credit balances and prepare requests for refunds
Research and recommend accounts for bad debt write off
Assist to develop a strategy the team will use to reach goals and maintain high level of productivity
Provide training that team members may need and monitor progress
Create reports to update the organization on Billing Department progress
For immediate consideration please apply directly to the job posting or call 610-882-1600
Crystal Reports, Data Mining Techniques, Accounting Functions, Accrual Accounting, Auditing, Budget Processes, Capital Management