Position Description

OCCUPATIONAL SUMMARY

 

Reviews each credit balance for Medicare and Medicaid, determines whether they are the result of overpayments or other transactions, and takes appropriate action.

 

PRIMARY DUTIES AND RESPONSIBILITIES

 

1.     Reviews and researches credit balances to determine the reason for the discrepancy determines appropriate action, and determines which should be patient refunds or insurance company refunds.

2.     Checks accounts receivable and bad debt systems for other open accounts, and makes appropriate transfers.

3.     Verifies credit transactions responsible for the credit balance, determines if they were applied to the correct account, and transfers payments found to be misapplied.

4.     Prepares refunds, transfer adjustments, or other appropriate forms when necessary, and submits them to supervisor for approval.

5.     Practices proper safety techniques in accordance with hospital and departmental policies and procedures.  Immediately reports any mechanical or electrical equipment malfunctions, unsafe conditions, or employee/patient/visitor injury‑accident to Manager.

Position Requirements

REQUIRED:
1. One (1) year experience in accounting or bookkeeping, OR a. Associate’s Degree in Business. 2. Good verbal communication and mathematical skills.
PREFERRED:
1. B.S. degree in Business or Accounting. 2. Basic knowledge of hospital terminology applicable to patient billing. 3. Two (2) years’ experience in accounting or bookkeeping.

Service Area Overview