Cash Posting Representative II

Location: Remote, USA

Shift: Flexible start time from 7:00AM-9:00AM Central time, 8.5 hour shifts with a 30 minute lunch, Monday-Friday.

R1 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 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, patient’s 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.

Role Objective:

Payers either send an EOB (explanation of benefits) or ERA (electronic remittance advice) towards the payment of a claim. The cash/payment posting staff posts these payments immediately into the respective patient accounts, against that claim to reconcile them.

Essential Duties and Responsibilities:

  • Need to work on payment posting Projects assigned
  • Call Payers on missing payment and EOB information
  • Enroll clients in ERA and EFT’s
  • Follow up on Remits received without payments
  • Need to work on payment posting and denial batches
  • Must work on ERA discrepancies.
  • Need to do bank reconciliation.
  • Good analytical skills and proficiency with MS Word, Excel, and PowerPoint
  • Other duties as assigned

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 with hospital patient accounting systems
  • Understanding of financial terminology
  • Understanding of the entire revenue cycle process
  • Knowledge of Revenue and payment posting experience
  • 1-2 years of back end revenue cycle experience in a facility and hospital setting

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. To learn more, visit: r1rcm.com.

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.