What are the responsibilities and job description for the Revenue Cycle Payment Specialist position at High Point University?
Education:
High school diploma or equivalent; associate's degree or relevant certification preferred.
Experience and Training:
Proven experience in insurance administration, healthcare, or a related field is advantageous.
Knowledge, Skills, Ability:
Dental /Medical billing knowledge along with the ability to communicate with insurance companies, healthcare providers, and clients to gather and verify necessary information in order to complete payment processing.
Excellent numerical accuracy and high attention to detail.
Ability to work independently with minimal supervision.
A solid understanding of the full revenue cycle process is essential.
ESSENTIAL FUNCTIONS
Reviews and posts electronic and manual payments from insurance carriers and patients.
Post adjustments, denials, and refunds in accordance with payer guidelines and internal policies
Accurately interpret EOBs and ERAs, identifying variances and escalating underpayments of rejections
Maintains zero backlogs and meets daily/weekly productivity targets
Communicates with internal billing teams regarding payment trends, anomalies, and payer behavior
Ensures compliance with HIPAA and other federal and state regulations
Maintains up-to-date knowledge of payer policies, medical/dental billing terminology, and payment posting best practices
ACCOUNTABILITY
Manager of Clinical Revenue Operations Cycle
Evaluation: Performance is evaluated based on the insurance payments entered daily to ensure operational efficiency and financial performance across clinical practices
For more information about his position, please contact Brian Shollenberger, Assistant VP for Accounting at bshollen@highpoint.edu or Jennifer Hicks, Manager of Credentialing, jhicks4@highpoint.edu