Payment Analyst - Onsite Position in our Ft. Worth office

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.

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

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

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