Account Analyst I (AR Control Analyst)

Arkansas Children's; Little Rock (AR); Hybrid; USD 40,000 - 50,000; Full time

Job summary

Arkansas Children's is seeking a A/R Analyst for the Patient Financial Services department. The role is Monday to Friday, full-time with a hybrid work arrangement (training onsite). The position analyzes remittances to ensure correct posting of payments, denials, adjustments, refunds, and charge corrections to patient accounts.

Requires a high school diploma or GED (Bachelor's degree preferred). 2 years of experience in lieu of diploma accepted.

Qualifications

• High school diploma or GED is required.
• Bachelor's degree in a related field is recommended.

Responsibilities

• Analyzes remittances to assure proper posting of payments, denials, adjustments, refunds, and charge corrections to patient accounts.
• Verifies accuracy of both manual and automated postings.
• Receives and scans remittances, deposits guarantor payments, and researches posting variances.
• Posts payments, denials, and adjustments to patient accounts and reports errors in payer discounts.
• Creates electronic reports to identify accounts in credit balance and resolves balances.
• Processes and posts charge correction requests and bills client accounts.
• Imaging remittance advices for electronic access.
• Distributes mail to the appropriate party within the department.

Education

High school diploma or GED

Bachelor's degree in a related field

Job description

ARKANSAS CHILDREN'S IS A TOBACCO FREE WORKPLACE. FLU VACCINES ARE REQUIRED. ARKANSAS CHILDREN'S IS AN EQUAL OPPORTUNITY EMPLOYER. ALL QUALIFIED APPLICANTS WILL RECEIVE CONSIDERATION FOR EMPLOYMENT WITHOUT REGARD TO RACE, COLOR, RELIGION, SEX, SEXUAL ORIENTATION, GENDER IDENTITY OR EXPRESSION, NATIONAL ORIGIN, AGE, DISABILITY, PROTECTED VETERAN STATUS OR ANY OTHER CHARACTERISTIC PROTECTED BY FEDERAL, STATE, OR LOCAL LAWS.

This position has been designated as safety sensitive and cannot be filled by a candidate who is a current user of medical marijuana.

Work Shift

Day Shift

Time Type

Full time

Department

CC017090 Patient Financial Services

Summary

Monday to Friday, full-time — Hybrid (Training will be fully onsite)

Salary

Most new hires start between $19.30-$24.10 per hour, depending on experience and qualifications.

Additional Information

Analyzes remittances to assure proper posting of payments, denials, adjustments, refunds, and charge corrections to patient accounts. Verifies accuracy of both manual and automated postings. Receives and scans hardcopy remittances, deposits guarantor payments, investigates and resolves accounts with credit balances, bills and collects client accounts.

Required Education

High school diploma or GED or equivalent

Recommended Education

Bachelor's degree in a related field of study.

Required Work Experience

High School Diploma/GED, or 2 years of experience in lieu of a diploma/GED.

Description

• A/R Control Analysts performs one or more of the duties listed below, and does so with appropriate volume and accuracy.
• Prepares Patient Accounts’ portion of Medicare/Medicaid cost reporting logs.
• Validates and reconciles manual and automated postings are fully supported by proper documentation. Researches and resolves posting variances. Maintains reports to identify and report outstanding, unreconciled items.
• Accurately posts payments, denials, and adjustments from remittance advices to the appropriate patient, account, bill and claim. Identifies and reports errors in payer discount calculations related to our major contracted payers.
• Creates electronic reports identifying Patient Accounts in credit balance and resolves the balance using the correct financial transaction needed to bring account to the correct balance. Ensures documentation of rationale for the recommended action and obtains appropriate approvals for higher-dollar refunds.
• Receives and reviews Charge Correction requests and posts to appropriate accounts.
• Bills Client Accounts and assures timely and accurate payment of those accounts.
• Accurately and timely imaging (scanning) of hardcopy remittance advices so that the remit information is electronically available.
• Receives mail coming into the Department, and accurately distributes it to the appropriate party.
• Documents receipt of guarantor direct payments and assures these payments are promptly and correctly deposited.
• Performs other duties as assigned.