Ventra Health
Job Summary:
- The Payment Analyst is responsible for the monetary intake for Ventra Health clients. Weekly assignments are provided by the supervisor and the Payment Analyst must develop a plan to complete work lists by end of week. Payment Analyst must comply with applicable laws regarding billing standards, and be able to operate in a team-oriented environment that strives to provide superior service to Ventra Health clients throughout the country.
Responsibilities
Essential Functions and Tasks:
- Sort documentation from client by date of deposit
- Reconcile daily deposits in accordance to deposit ledger/bank reconciliation sheet
- Flags accounts needing additional information or further appeal
- Review underpayments and overpayments
- Monthly confirmation that all deposits are reconciled
- Close payment batches timely according to team goals
- Scanning in accordance to type of payment received
- Routinely conducts OCR verification of payment data
- Routinely runs insurance plan selection program
- Identifies need to add plans to master table and reruns selection to program
- Refers payments and adjustments exceptions to Revenue Cycle Manager
- Prints deposit slips and deposit statements
- Prints proofing report and checks for accuracy
- Verify Electronic Fund Transfers (EFT) and Credit Cards
- Retrieve correspondence and sort by client
- Dialogue with Practice’s Accountant
- Set secondary billing to close out
- Notates patient accounts properly
- Set up accounts that require appeal follow up
- Reapply reversed funds into proper accounts
- Client Contract liaison for Billing teams
- Answers telephone according to company requirements
- Notes patient accounts properly
- Update patient address from statement carrier
- Processing remote deposits
- Organizing Electronic Remittance Advice Uploads
Qualifications
Education and Experience Requirements:
- High School Diploma or GED.
- One year in data entry field
- One year in medical billing, anesthesia preferred
- Intermediate level knowledge of medical billing rules, such as coordination of benefits, modifiers, Medicare and Medicaid and understanding of EOBs
- Basic written and verbal communication skills
- Ability to make decisions in a timely fashion that are sound, accurate and supported by the reasoning and inclusion of appropriate people
- Must be able to interact well with all kinds of people
- Must be able to prioritize and accomplish objectives in a timely fashion