LHH seeks a Revenue Cycle Specialist to play a crucial role in ensuring accurate and efficient financial operations within the healthcare organization. This position is responsible for managing credits, balances, and financial transactions, with a focus on maintaining compliance with billing and coding regulations.
Responsibilities:
· Analyze and reconcile patient accounts to identify and manage credits.
· Review and process refund requests in accordance with established policies and procedures.
· Work closely with billing and collections teams to resolve credit-related issues.
· Monitor and manage accounts receivable balances to ensure accuracy and completeness.
· Investigate and resolve discrepancies in account balances.
· Collaborate with billing and coding teams to address coding errors impacting balances.
· Accurately post and reconcile financial transactions related to medical services.
· Ensure timely and precise entry of payments, adjustments, and refunds.
· Collaborate with other departments to resolve discrepancies in financial transactions.
Qualifications:
· High school diploma or equivalent; additional education in healthcare administration or finance is a plus.
· A minimum of 5 years of recent experience in medical billing, credit management, or a related field.
· Strong knowledge of healthcare billing codes, regulations, and compliance requirements.
· Excellent attention to detail and accuracy in financial data entry.
· Effective communication and interpersonal skills.
· Proficient in relevant software and tools for financial transactions and record-keeping.