Financial Posting & Refund Specialist II
University of Maryland Medical System

Job Info

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Job Description
Key Responsibilities

• Identifies overpayments, researches documentation, and prepares the refund request for insurance companies and or patient refunds.
• Analyzes all documentation provided to verify all payments and adjustments are posted to the account accurately. Performs any corrections necessary to adjustments posted to patients' accounts, and refers accounts to Cash Posting Department if corrections are needed.
• Works overpayments requested by refund letters, faxes and telephone requests. Contacts insurance representatives to verify coverage and benefits. Maintains organized notes and documentation for all requested refunds.
• Researches all credit balance accounts to ensure balance is actual credit prior to processing refunds for both insurance and patient amounts, including receiving refund checks, producing letters to patients and sending out checks and letters.
• Reviews checks received from accounting for accuracy. Verifies checks are aligned with required documentation; ensures each account is notated with check number and amount, and mailed to appropriate insurance companies.

Company Description
The University of Maryland Medical System is a 14-hospital system with academic, community and specialty medical services reaching every part of Maryland and beyond. UMMS is a national and regional referral center for trauma, cancer care, Neurocare, cardiac care, women's and children's health and physical rehabilitation. UMMS is the fourth largest private employer in the Baltimore metropolitan area and one of the top 20 employers in the state of Maryland. No organization will give you the clinical variety, the support, or the opportunities for professional growth that you'll enjoy as a member of our team.

Qualifications

• High School Diploma or equivalent (GED)
• Three years' cash posting, refund or accounts receivable experience
• Knowledge of payment reimbursement rules and contractual requirements from various payers

Additional Information
All your information will be kept confidential according to EEO guidelines.

This job has expired.