What are the responsibilities and job description for the RCM- Treasury Analyst position at PathGroup?
Job Summary
The Revenue Cycle Management (RCM) Treasury Analyst, under the direction of Revenue Cycle Management, performs the daily activities of analyzing, identifying, and solving complex reimbursement issues and trends within Revenue Cycle Management. The Revenue Cycle Management Treasury Analyst is diverse in all aspects of Revenue Cycle Management workflows, Billing Compliance and Testing, Insurance Billing, Insurance Collection, Payment Posting, Client Support Services, and Patient Support Services. The Revenue Cycle Management Treasury Analyst will also work to complete special projects as needed.
Job Responsibilities
ESSENTIAL FUNCTIONS:
The Revenue Cycle Management (RCM) Treasury Analyst, under the direction of Revenue Cycle Management, performs the daily activities of analyzing, identifying, and solving complex reimbursement issues and trends within Revenue Cycle Management. The Revenue Cycle Management Treasury Analyst is diverse in all aspects of Revenue Cycle Management workflows, Billing Compliance and Testing, Insurance Billing, Insurance Collection, Payment Posting, Client Support Services, and Patient Support Services. The Revenue Cycle Management Treasury Analyst will also work to complete special projects as needed.
Job Responsibilities
ESSENTIAL FUNCTIONS:
- Responsible for creating and maintaining high-level daily cash deposits for Leadership review.
- Analyze and review reports to identify payor reimbursement trends to help identify any issues.
- Responsible for reporting weekly and monthly entity level Charge and Payment Waterfall reports.
- Responsible for completion of end of month reconciliation reporting for all business entities.
- Responsible for end of month cash reconciliation reporting for all business entities.
- Accurately collect data and analyze various types of business reports, related to claim submission, unbilled data, and claims on hold, to help identify potential delays in cash deposits.
- Assist with completing monthly cash forecasting models.
- Key contact for bank and payment processing companies, such as RevSpring and Carepayment.
- Complete EDI Enrollments related to Electronic Funds Transfer (EFT) and Electronic Remittance Advice (ERA) as needed to ensure timely cash deposits and cash posting.
- Assist in the development and implementation of training manuals.
- Strong attention to detail to ensure accuracy in reporting.
- Maintain Revenue Cycle Management’s internal policies.
- Must be familiar with and abide by the Corporate Compliance Program and all corporate policies, including the Privacy and Security policies.
- Perform all job responsibilities in alignment with the industry’s best security practices and regulatory guidelines to protect the confidentiality, integrity, and availability of protected health information and other sensitive company data.
- Work with other departments within PathGroup and subsidiaries.
- Nothing in the job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time.
- Other duties as assigned