Job Details
Accounts Receivable Clerk (Contract)
Essential duties and responsibilities - Collaborative role that interacts with the nursing center Nursing Home Administrator, Payroll/Accounts Payable Coordinator, Admissions Director, Receptionist, nursing center Department Heads and support staff.
- Process nursing center billing and collect delinquent accounts.
- Meet with patients and/or responsible parties to review financial obligations, collect private funds, and assist with other financial related paperwork, primarily at time of patient admission or upon payer change.
- Process and monitor all Patient Fund procedures.
- Assist with Medical Assistance Application process.
- Prepare, verify, and process invoices for sales or services rendered
- Enter data on invoices; ensure proper coding on documents
- Collect on accounts by sending invoice reminders and communication with customers via phone, email, fax or mail
- Post payments by recording cash, checks, and credit card transactions and entering them into the general ledger or accounting software
- Prepare cash and check payments for bank; totaling and recording the deposit amounts, filling out deposit slips and bundling the funds and slips; making deposits at the bank
- Update receivables by totaling unpaid invoices
- Reconcile the accounts receivable ledger to ensure that all payments are accounted for and properly posted
- Verify the validity of account discrepancies
- Resolve valid or authorized deductions by entering adjusting entries
- Resolve invalid or unauthorized deductions by following pending deductions procedures
- Resolve collections by examining payment plans, payment history, coordinating contact with collections department
- Summarizes receivables by maintaining invoice accounts, coordinating monthly transfer to accounts receivable account, verifying totals; preparing reports
- Generate monthly, quarterly or annual financial statements and reports detailing paid and unpaid invoices and other accounts receivable activity
- Protect organization's value by keeping information confidential.
Must have at least two years of experience in a healthcare setting, preferably Long Term Care.
- Familiar with Medicare and Virginia Medicaid; billing and collections
- Process knowledge of the Virginia Medicaid eligibility process.
- Application process and renewals.
- Capable of a high degree of initiative, judgment, discretion, and self-directed decision making.
- Highly skilled in identifying and resolving problems and be able to appropriately delegate.
- Excellent written and oral communication skills.
- Update job knowledge by participating in educational opportunities