Since 2001, Regent Surgical has been a leader in developing and managing successful surgery center partnerships between hospitals and physicians. We continually improve and evolve the ASC model based on changing market conditions to stay ahead of emerging trends. From this vantage point, our team has developed proprietary ASC ownership models that give both physicians and hospitals what they need to ensure long-term clinical and financial success.

Regent offers a comprehensive and competitive benefits package as one way to recognize our employee's contribution to the success of the organization and our role in helping you and your family to be healthy, feel secure and maintain a work/life balance.

We do not discriminate in practices or employment opportunities on the basis of an individual's race, color, national or ethnic origin, religion, age, sex, gender, sexual orientation, marital status, veteran status, disability, or any other prohibited category set forth in federal or state regulations.

We are an equal opportunity employer.

POSITION SUMMARY:

Under the direction of the Sr. Manager, RCM, the Revenue Cycle Specialist - Payment Posting is responsible for duties as assigned such as: A/R follow-up, and denials management in accordance with our center’s policies and procedures. The Revenue Cycle Specialist – Payment Posting plays a vital role in the financial operations of our company, is a fully remote position that requires a detail-oriented individual with strong analytical skills and a deep understanding of accounting principles, responsible for managing the accounts receivable process, responsible for maintaining the daily deposit log, accounts receivables aging report, and other reports as directed by the Sr. Manager, RCM, or surgery center Business Office Manager.

DUTIES/RESPONSIBILITIES:

• Monitor outstanding claims and follow up with insurance companies to resolve any denials or discrepancies.
• Work to identify and resolve billing issues to expedite payment.
• Review and post insurance and patient payments.
• Identify and process insurance and patient refunds.
• Reconcile payments against bank statements.
• Reconcile payments against outstanding accounts receivable balances.
• Review and analyze accounts receivable aging reports to identify overdue accounts and prioritize collection efforts.
• Develop strategies to reduce accounts receivable delinquency and improve cash flow.
• Reconcile accounts receivable balances with general ledger accounts to ensure accuracy and completeness of financial records.
• Stay up to date on healthcare billing regulations and compliance requirements.
• Ensure billing practices adhere to industry standards and guidelines.
• Prepare regular reports on accounts receivable status, collections activities, and key performance indicators for management review.
• Provide regular communication and feedback to Manager.
• Speak to and approach others in a friendly and compassionate way, open to other employee suggestions.
• Complete assigned tasks in a timely manner including payment posting, daily deposit log, charge entry, etc.
• Demonstrate the ability to effectively communicate with others, including physician offices, insurance companies, patients and others about insurance benefits and costs associated to procedures.
• Demonstrate proactive approach to problem identification and solutions.
• Work well with others.
• Demonstrate appropriate time management skills, prioritization, and task completion.
• Exhibit proficient knowledge of health plan benefits including co-pays, deductibles, and co-insurance.
• Ability to handle multiple assignments or pieces of work at one time; capable of working within a stressful environment under consistent deadlines, pressures, and interruptions.
• Demonstrate the ability to cope with and manage change.
• Demonstrate an exceptional grasp of required skills including detail-oriented, commitment to accuracy, able to anticipate needs before they become critical.
• Self-motivated to keep self-current and relevant in skills and competency.
• Take prompt and decisive action to produce service levels beyond what is minimally required in the job; acting without prompting; regularly volunteer individual energy to a situation.
• Achieve performance excellence through skills of organization; able to create successful workflow processes; reliable in all areas of work.
• Seek opportunities to accept ideas and help from co-workers to accomplish work goals; willingness to share credit; appreciate differences in personalities; actively seeks out opinions from others and honors them in decision making.
• Assume all other duties and responsibilities; demonstrate willingness to identify and/or assume activities relative to the developmental needs of the reception.
• Perform other duties as assigned.

KNOWLEDGE AND SKILLS:

To perform this job successfully, an individual must be able to perform each essential responsibility satisfactorily. The requirements listed below are representative of the knowledge, skills and abilities required.

Education/Experience:

Required:

• High school diploma or general equivalency degree (GED)
• Two (2) years’ experience in billing/collecting in a healthcare setting
• Knowledge of heath care operations

Preferred:

• ASC experience
• Full cycle experience
• Familiarity with East Coast, specifically New York payers

Job Type: Full-time

Pay: From $47,666.00 per year

Benefits:

• Health savings account

Schedule:

• Monday to Friday

Work setting:

• Hybrid work
• Office

Experience:

• ICD-10: 1 year (Preferred)

Ability to Commute:

• Westchester, IL 60154 (Required)

Ability to Relocate:

• Westchester, IL 60154: Relocate before starting work (Required)

Work Location: Hybrid remote in Westchester, IL 60154