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Shady Grove Fertility logo
Shady Grove Fertility

Over 100,000 babies born | Over 50 locations nationwide | #MiraclesMadeHere

Daily Reconciliation Specialist

Location

United States

Posted

9 days ago

Salary

$30 - $35 / hour

Seniority

Mid Level

Job Description

Daily Reconciliation Specialist

Shady Grove Fertility

Role Description We have an immediate opening for a Daily Reconciliation Specialist – Payments Department to join our remote team at US Fertility. - Conduct daily reconciliation of financial data, including bank accounts, cash transactions, and other financial records. - Compare and verify the accuracy of data from various sources, such as bank statements, internal systems, and third-party platforms. - Investigate and resolve discrepancies. - Analyze discrepancies and work closely with relevant departments such as finance, accounting, Revenue Cycle, and operations to identify the cause and rectify the issues. - Maintain clear and concise documentation of reconciliation activities, investigations, and resolutions. - Prepare regular reports summarizing reconciliation results, outstanding issues, and resolution progress. - Document reconciliation procedures, workflows, and best practices to maintain an effective and standardized process. - Identify opportunities to streamline reconciliation processes, enhance efficiency, and reduce errors. - Run credit card payments through the virtual terminal. - Knowledge of insurance contract requirements and US Fertility Financial Programs. - Review and make corrections to patient accounts to ensure patient satisfaction. - Reconcile daily work to bank deposit. - Apply denials and deductibles to patient accounts per electronic remittance. - Assist with any QA functions that need attention prior to month-end. - Post insurance, patient, collection, and miscellaneous payments to the practice management system. - Assist other department functions as a backup. Qualifications - Associate degree in accounting, business, or medical billing certificate. High School Diploma acceptable with appropriate hands-on experience. - Minimum 1 year of specialized experience with medical billing certificate, or minimum 2 to 3 years’ experience without billing certificate. - Ability to access, input, and retrieve information from a computer. Medical software program experience required. - Knowledge of office procedures and office machines (i.e., computer, fax, copier, etc.). - Proficiency in a variety of computer software applications in word processing, spreadsheets, database, and presentation software (MSWord, Excel, PowerPoint). - Ability to demonstrate good judgment. - Ability to communicate accurately and concisely. - Ability to remain calm and poised under stress. - Ability to work extended hours on the week of the close to ensure closing. - Must have a high level of interpersonal skills to handle sensitive and confidential information. Benefits - Medical, dental, and vision insurance. - 401(k) with company match. - Tuition assistance and professional development support. - Performance-based bonus opportunities. - Generous paid time off, paid holidays, and paid parental leave. - Life and disability benefits. - Fertility Discount Program. - Employee wellness and recognition programs.

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