You are applying for a position through Medix, a staffing agency. The actual posting represents a position at one of our clients.
Job Summary
Our client is seeking a Credit Balance Specialist to process and apply electronic and paper-based payments, accurately enter insurance remittances and patient payment information, and reconcile payment activity to ensure proper recording of financial transactions.
Key Responsibilities
- Process and apply electronic and paper-based payments to the appropriate accounts.
- Enter insurance remittances and patient payment information accurately and efficiently.
- Review insurance payment documentation to ensure transactions are properly recorded.
- Research unidentified or incorrectly applied payments and determine the appropriate resolution.
- Reconcile payment activity and identify discrepancies between remittance information and account balances.
- Record applicable transactions within the general ledger.
- Assist with account research, payment adjustments, and distribution questions.
- Escalate unusual or unresolved discrepancies to the appropriate team member or supervisor.
- Maintain productivity and accuracy standards while meeting daily deadlines.
- Take on additional revenue cycle responsibilities as needed.
Experience
- 1+ year of experience in healthcare billing, patient accounting, payment posting, insurance operations, or a related field preferred.
Skills
- Familiarity with insurance remittance documents and healthcare payment processes.
- Strong attention to detail and ability to work with numerical information.
- Good organizational and time-management skills.
- Ability to investigate discrepancies and resolve routine issues independently.
- Comfortable working in a deadline-driven, team-oriented environment.
- Strong written and verbal communication skills.
Education
- High school diploma or equivalent.
Additional Requirements
- Expected shifts: 8:00 AM - 4:30 PM or 9:00 AM - 5:00 PM.
Benefits
- Paid Sick Leave (Medix provides paid sick leave according to state and local sick leave ordinances).
- Health Benefits / Dental / Vision (Medix offers 6 different health plans: 3 Major Medical Plans, 2 Fixed Indemnity Plans (Standard and Preferred), and 1 Minimum Essential Coverage (MEC) Plan. Eligibility for health benefits is based on verifying that an average of 30 hours per week during the first 4 weeks of the work assignment has been met. If you meet eligibility requirements and take action to enroll, you will be covered no earlier than 60 days into your assignment, depending on plan selection(s)).
- 401k (Eligible on the first 401k open enrollment date following 6 consecutive months on assignment. 401k Open Enrollment dates are 1/1, 4/1, 7/1, and 10/1).
- Short Term Disability Insurance.
- Term Life Insurance Plan.
Required Employment / Compliance Language
Medix is an Equal Opportunity Employer. We value diversity, equity, and inclusion and encourage all qualified individuals to apply. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.
*We will consider for employment all qualified Applicants, including those with criminal histories, in a manner consistent with the requirements of applicable federal, state, and local laws, including the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance (FCIHO), Los Angeles Fair Chance Ordinance for Employers (ULAC), The San Francisco Fair Chance Ordinance (FCO), and the California Fair Chance Act (CFCA).
Medix Overview:
With over 20 years of experience connecting organizations with highly qualified professionals, Medix is a leading provider of workforce solutions for clients and candidates across the healthcare, scientific, technology, and government industries. Through our core purpose of positively impacting lives, we’re dedicated to creating opportunities for job seekers at some of the nation's top companies. As an award-winning career partner, Medix is committed to helping talent find fulfilling and meaningful work because our mission is to help you achieve yours.
Any required state or Joint Commission training is compensated at the state or local minimum wage rate.
*As a job position within our Revenue Cycle division, a successful completion of a background check may be required as a condition of employment. This requirement is directly related to essential job functions including but not limited to: accessing financial and confidential information, handling financial and other payment data, and working within departments that care for vulnerable populations, such as, minors, elderly and those with physical or mental disabilities. Due to these job duties, this position has a significant impact on the business operations and reputation, as well as the safety and well-being of individuals who may be cared for as part of the job position or who may interact with staff or clients.