Shift: Monday-Friday Start 6:00AM-8:00 AM start time according to your time zone.
R1 RCM Inc. is a leading provider of technology-enabled revenue cycle management services which transform and solve challenges across health systems, hospitals, and physician practices. Headquartered in Chicago, R1® is a publicly traded organization with employees throughout the US and international locations.
Our mission is to be the one trusted partner to manage revenue, so providers and patients can focus on what matters most. Our priority is to always do what is best for our clients, patients, and each other. With our proven and scalable operating model, we complement a healthcare organization’s infrastructure, quickly driving sustainable improvements to net patient revenue and cash flows while reducing operating costs and enhancing the patient experience.
The Cash Posting associate will be responsible for accuracy, and efficiency while maintaining a customer and patient focus. This role plays an intricate part in providing analytical expertise for the revenue cycle management process while identifying work flow issues and providing solutions. With sharp attention to detail, one would discern client problems, communicate them, and escalate root cause issues to appropriate parties. This role will be responsible for reporting and analyzing daily, weekly and monthly reporting and KPI metrics providing subject matter expertise to help solve problems and provide solutions.
Responsibilities:
• Monitor and gather remittance advice or lock box deposits for manual or electronic postings.
• Reconcile individual payer transmissions or lock box deposits in a timely and accurate manner.
• Post transactions manually when necessary.
• Work exception and error listings associated with maintaining and processing the hospital receivables such as overpayments, refunds, misapplied, unapplied payments and charges, and returned checks.
• Comply with all government and third-party payers regulatory mandated requirements for billing and collections.
• Ability to maintain confidentiality of all information under HIPPA guidelines.
• Meet departmental productivity and quality standards in timeframe given upon completion of training.
Required Qualifications:
• High School Diploma or equivalent (GED).
• Ability to execute processes efficiently and maintain highest level of quality
• Demonstrates ability to identify and communicate issues
• Computer literacy skills, including Excel spreadsheets and Microsoft Office products.
• Enhanced communication and customer service skills.
• Ability to be self-directed, coupled with exemplary time management skills and the ability to simultaneously manage multiple tasks.
Desired Qualifications:
• Experience and working knowledge of UB-04 claim forms.
• Experience with hospital patient accounting systems.
• Understanding of financial terminology.
• Understanding of the entire revenue cycle process.
• Knowledge of Revenue and ICD coding language.
• 1-2 years of back end revenue cycle experience in a facility and hospital setting.
Physical Requirements:
• See, read, and/or operate a computer requiring the ability to move fingers and hands.
• Remain sitting for long periods of time to perform work on a computer.
• Frequent interactions with associates, patient care providers, that require associate to verbally communicate as well as hear and understand spoken information, needs, and issues quickly and accurately.
Working in an evolving healthcare setting, we use our shared expertise to deliver innovative solutions. Our fast-growing team has opportunities to learn and grow through rewarding interactions, collaboration and the freedom to explore professional interests.
Our associates are given valuable opportunities to contribute, to innovate and create meaningful work that makes an impact in the communities we serve around the world. We also offer a culture of excellence that drives customer success and improves patient care. We believe in giving back to the community and offer a competitive benefits package including:
- Comprehensive Medical, Dental, Vision & RX Coverage
- Paid Time Off, Volunteer Time & Holidays
- 401K with Company Match
- Company-Paid Life Insurance, Short-Term Disability & Long-Term Disability
- Tuition Reimbursement
- Parental Leave
R1 RCM Inc. (“the Company”) is dedicated to the fundamentals of equal employment opportunity. The Company’s employment practices , including those regarding recruitment, hiring, assignment, promotion, compensation, benefits, training, discipline, and termination shall not be based on any person’s age, color, national origin, citizenship status, physical or mental disability, medical condition, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status or any other characteristic protected by federal, state or local law. Furthermore, the Company is dedicated to providing a workplace free from harassment based on any of the foregoing protected categories.