About Us
- Ventra is a leading business solutions provider for facility-based physicians practicing anesthesia, emergency medicine, hospital medicine, and now radiology, through the recent combining of forces with Advocate RCM. Focused on Revenue Cycle Management and Advisory services, Ventra partners with private practices, hospitals, health systems, and ambulatory surgery centers to deliver transparent and data-driven solutions that solve the most complex revenue and reimbursement issues, enabling clinicians to focus on providing outstanding care to their patients and communities.
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 Analysts 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 with deposit ledger/bank reconciliation sheet
- Flags accounts needing additional information or further appeal
- Review underpayments and overpayments
- Balances deposits
- Navigate websites to obtain EOBs
- 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
- 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
- Notates patient accounts properly
- Reapply reversed funds into proper accounts
- Client contract liaison for billing teams
- Notes patient accounts properly
- Processing remote deposits
- Organizing electronic remittance advice uploads
- Performs special projects and other duties as assigned
Education and Experience Requirements
- High School Diploma or GED
- At least one (1) year of experience posting payments to a billing system
- At least two (2) years of experience reading insurance Explanation of Benefits (EOB) statements preferred
- At least one (1) year in data entry field
- At least one (1) year in medical billing, anesthesia/emergency medicine preferred
Knowledge, Skills, and Abilities
- 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
Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.
Share on your newsfeed
