Payment Analyst FT (1fte)

Position Summary:

The Payment Analyst is responsible for posting & reviewing all third-party payments (hospital & clinics) from insurance companies and government payers. Calculate/post contractual allowances for all payers and ensure their accuracy. Analyze insurance and government payments for denials and flag denials/inappropriate payments for billers to follow- up. Post electronic remittances from online ERA storage and patient payments.

Minimum Qualifications:

Required

Preferred

• High School Diploma or Equivalent
• 1 year of healthcare billing experience

Essential Job Functions:

In addition to the essential functions of the job listed below, employees must have on-time completion of all required education as assigned per DNV requirements, Bozeman Health policy, and other registry requirements.

• Accurately post all third party payments (electronically and manually).
• Analyze payments for denials and flag denials/inappropriate payments for billers to follow- up.
• Accurately calculate/post contractual allowances from insurance and government payers.
• Transmit weekly self-pay accounts to early-out program.
• Reconcile NSF checks and lost payments.

Knowledge, Skills, and Abilities

• Strong interpersonal, verbal and written communication skills.
• Ability to work varied shifts.
• Computer applications, MS Office, EMR, internet applications and standard office equipment.
• Self-directed, completes assignments accurately, thoroughly and with minimal oversight.

Physical Requirements

• Lifting, Pushing, and Pulling: Lift 30 pounds of weight (pick up supplies, move equipment, etc.) Carry equipment/supplies.
• Extended Hours: The role may involve working for extended periods, requiring sitting, walking, or standing for eight or more hours daily.
• Flexible Schedule: The position may necessitate working beyond a standard 40-hour workweek, including weekends and after-hours shifts
• On-Call Availability: On-call work may be required to respond promptly to organizational, patient, or employee needs
• Effective Communication: Proficient in effective communication, both in person and through various technologies
• Handling Challenging Situations: The role may involve dealing with upset individuals, requiring the ability to de-escalate situations and work effectively with frustrated patients, families, or employees
• Repetitive Tasks: Ability to perform repetitive tasks as needed to fulfill job responsibilities

Exposures

Tasks Include Potential Exposure: Job tasks may involve exposure to:

• Bloodborne pathogens, such as blood, bodily fluids, or tissues.
• Radiation in settings where medical imaging procedures are performed
• Various chemicals and medications used in healthcare settings. Job tasks may involve handling cleaning products, disinfectants, and other substances.
• Infectious diseases due to contact with patients in areas that may have contagious illnesses

77211370 Patient Financial Services