PAYMENT APPLICATION SPECIALIST (1178)

Memorial Health; Springfield (IL); On-site; USD 47,279,000 - 71,120,000; Full time

Benefits offered by this job

Paid time off

401(k) match

Health insurance

Dental insurance

Vision insurance

Job summary

Memorial Health in Springfield, IL is seeking a Billing Specialist to ensure timely posting of payments and adjustments into our hospital billing system. You will process 835 ERA, ACH, EFT transactions, handle USPS and inter-office mail, balance daily batches and assist with daily reconciliation.

The role requires two years of billing experience, a high school diploma or GED, and proficiency with MS Office. Memorial Health offers competitive pay and comprehensive benefits.

Qualifications

• Two years of billing/insurance/collections experience.
• Education: high school/GED required; associate degree preferred.
• Ability to read and interpret ERAs, ACHs, EFTs, and EOBs/EOPs.
• Typing speed of 30 WPM (alphanumeric) and 6000 KPH accuracy.
• Basic PC skills and proficiency with Microsoft Office.

Responsibilities

• Post payments and adjustments into the hospital billing system.
• Process 835 ERA, ACH, EFT transactions and mail handling.
• Balance daily batches and assist with daily reconciliation.
• Initiate and monitor automated posting programs.
• Prepare documentation for reconciliation and auditing.

Skills

ERA processing

ACH processing

EFT processing

EOB/EOP interpretation

Typing 30 WPM

6000 KPH

MS Office

Excel

Word

Communication skills

Education

High school diploma or GED

Associate degree preferred

Tools

MS Office

Excel

Word

Job description

Focused on the Future of Care We're looking for talented, passionate healthcare professionals to join the team at Memorial Health as we build the future of healthcare. If you're ready to be part of a transformative organization that puts people first, take a look at what we have to offer.

Position Type

On-site

Job Description Summary

Responsible for the timely and accurate posting of payments and adjustments into the hospital proprietary billing system. They will be responsible for processing of 835 ERA, ACH, EFT transactions, processing USPS Mail and Inter-office mail, balancing daily batches and assisting with daily reconciliation, initiating and monitoring of automated software posting programs, preparing documentation for reconciliation and auditing. Embodies the Memorial Health System Performance Excellence Standards of Safety, Courtesy, Quality, and Efficiency that support our mission, vision and values.

Education

• Education equivalent to graduation from high school or GED is required. Associates preferred.

Experience

• Two (2) years of experience in billing, insurance, collections, or related background required. Previous experience with the processing of Insurance and Contractual Allowance aspects of Commercial and Managed Care contracts is highly preferred.

Other Knowledge/Skills/Abilities

• Ability to read and interpret ERAs (Electronic Remittance Advice), ACHs (Automated Clearing House) transactions, EFTs (Electronic Fund Transfers), and EOBs (Explanation of Benefits)/EOPs (Explanation of Payment).
• Demonstrates the ability to accurately type net 30 WPM (alphanumeric).
• Demonstrates the ability to accurately key net 6000 KPH (numeric).
• Basic working knowledge of personal computers and their associate user software is required. Experience with Microsoft Office products Word and Excel is preferred.
• Demonstrated ability to work successfully with internal customers and external contacts is required.
• Demonstrates excellent oral and written communication, keyboarding, and basic math skills.

Pay Transparency

$16.50 - $24.82 Additional compensation in the form(s) of participation in our annual incentive program are dependent on role. Pay is based on factors such as work experience, education, certification(s), training, skills, and competencies related to the role.

Benefits

• Memorial Health also offers a comprehensive benefits plan, which includes paid time off, 401(k) match, and health/ dental/ vision insurance options.

All benefits can be found at https://jobs.memorial.health/about/benefits/

If you require a reasonable accommodation to complete this application or participate in the hiring process, please contact [e-mail]. Requests will be handled confidentially.