[Hiring] Patient Financial Services - Analyst @SouthEast Alaska Regional Health Consortium (SEARHC)

Role Description

The purpose of this position is to identify trends that will improve the overall AR by completing analysis of charge validation and denials resolution. The Patient Financial Services Analyst will also perform a variety of patient accounting functions including:

• Insurance and self-pay billing
• Remit analysis and cash posting
• Accounts receivable management
• Claims follow-up

Key Essential Functions and Accountabilities of the Job:

• Identifies, analyzes, and reconciles billing errors or omissions.
• Ensures proper charge capture, billing, and adjudication of claims in accordance with federal, state and private billing guidelines.
• Monitors Discharged Not Final Billed (DNFB) to determine necessary actions required to minimize the volume and value of accounts being held.
• Responsible for analyzing and escalating themes for payer relation bulk resolution.
• Obtains and compares data from multiple sources and reviews for discrepancies using various applications.
• Supports the Patient Financial Services department with performing complex process and system analysis.
• Provides guidance, communicates, and serves as subject matter expert for assigned service line related to the billing and collections process.
• Assists with special projects as assigned by Revenue Cycle Leaders.
• Other duties as assigned.

Qualifications

• Bachelor’s degree or equivalent years of relevant experience in hospital or physician billing office.

Requirements

• Two years of experience in hospital or physician billing office – required.
• Knowledge of hospital/clinic billing and collections.
• Knowledge of payor remittances and CPT’s, HCPCS, and Revenue Codes.
• Familiarity with major insurance companies' billing policies to ensure compliance.
• Experience in reconciling and balancing payments received against account receivables.
• Understanding of medical terminology.
• Critical thinking skills (analyzing, problem-solving, troubleshooting).
• Organizational skills.
• Oral and written communication skills.
• Ability to collaborate within cross-functional teams.
• Ability to complete data entry for a lengthy amount of time.
• Ability to work on different projects simultaneously, in a fast-paced setting with overlapping commitments and deadlines.

Benefits

• Generous benefits including retirement.
• Paid time off.
• Paid parental leave.
• Health insurance.
• Dental and vision benefits.
• Life insurance.
• Long and short-term disability.