Financial Coordinator

Midwest Orthopaedics at RUSH is looking for a Financial Coordinator to join us in our Westchester, IL location.

ESSENTIAL FUNCTIONS:

Reconciles daily cash and completes deposit slips.
Balances deposit slips and does daily reviews of tape and end of day reports.
Daily posts, corrects and applies charges and payments to the patient accounts.
Maintains required data bases and patients accounts reports and files.
Posts payments to correct suspense accounts, documenting transactions to maintain adequate audit trail. Submits all documentation to Cash Application Specialists for resolution.
Sends all documentation, including deposit tickets, daily reports, charge tickets, etc. to Cash Application Specialist in the Collections and Reimbursement Department for review, resolution, and reconciliation per accounting department’s instructions.
Submits all insurance payments with corresponding “Explanation of Benefits” (EOB) reports to the Cash Application Specialist in the Collections and Reimbursement Department for review and posting.
Submits copies any zero payments (denial) to appropriate Customer Service Representative for follow-up.
Answers patient inquiries regarding account balances.
Prepares proper forms for patients requiring payment plans.
Maintains a working knowledge of company collection policies and is actively involved in the collection process of patient account balances.
Refers all write-offs, adjustments and refunds to the appropriate Customer Service Representative for review and resolution.
Researches all information needed to complete billing process including getting charge information from physicians, nursing staff or technicians.
Reviews CPT and ICD-9 codes for accuracy and completeness prior to posting charges.
Maintains a working knowledge of coding rule and regulations, is familiar with appropriate modifier usage.
Keys charge information into on-line entry program and procedures billing.
Processes and distributes copies of billings according to clinic policies.
Prepares bank deposits, records deposits, photocopies checks for entry into billing system, and prepares end of the day packet to send to Collections and Reimbursement Department.
Assists with coding and error resolution.
Maintains required billing records, reports, and files.
Stays abreast of and complies with all state and federal laws including HIPAA, OSHA, and FLSA.
Maintains strictest confidentiality.
Adapt to change in positive and professional manner.
Any and all other duties as assigned.

KNOWLEDGE, SKILLS AND ABILITIES:

Knowledge of: patient account policies and practices of clinic, clinic cash payment policies and procedures and medical terminology.

Ability to: make mathematical computations, work effectively with patients and co-workers, and to communicate clearly.

Skill in: using computer programs and a calculator, computation, typing and filing.

JOB SPECIFICATIONS:

High School diploma or equivalent with minimum of two years patient cashiering experience in a health care organization.

If interested, please send your resume with salary requirements to:
[Click here for email]
REQUIREMENTS
Please see above description.