What Revenue Cycle Management (RCM) contributes to Cardinal Health
Practice Operations Management oversees the business and administrative operations of a medical practice.
The Revenue Cycle Management team focuses on a series of clinical and administrative processes that healthcare providers utilize to capture, bill, and collect patient service revenue. The revenue cycle shadows the entire patient care journey and begins with patient appointment scheduling and ends when the patient’s account balance is zero.
The medical payment poster is responsible for the posting all the revenue generated by the billing department and front offices to the patient accounts in a timely manner to reduce days outstanding in AR.
Essential Functions:
Post all payments and adjustments ensures all payments and adjustments are balanced on a daily basisResolve any deposits that are unable to be posted to include no tickets left unsettledReview manual and electronic explanation of benefits to assure proper postingRefer claim resolution issues to the appropriate areaWork closely with front office in regard to their depositsAlert supervisor of collection problemsMaintain a high volume of payments within a 48 hour work windowQualifications
1-3 years of experience, preferredHigh School Diploma, GED or equivalent work experience, preferredTwo or more years of experience with accounting/payment posting in a health care setting with complete understanding of EOBs preferredWorking knowledge of electronic billing/collections software (preferably Centricity)Ability to read and explain insurance explanation of benefitsExperience with computerized billing softwareKnowledge of Medicare and Medicaid payment posting/explanation of benefitsMust be able to work at a fast pace, and troubleshoot payment problems with minimal supervision and also interact with payers professionallyAbility to work overtime/stay late for end of the month close process if neededPost refunds in the billing system as received from Accounts PayablePerform any outstanding conveyance as distributed by supervisorWorking closely with management to meet goals, develop new techniques, policies and proceduresRegular attendance and punctualityEnsure that all processing and reporting deadlines are consistently achievedWhat is expected of you and others at this level
Apply acquired job skills and company policies and procedures to complete standard tasksWork on routine assignments that require basic problem resolutionRefer to policies and past practices for guidanceReceive general direction on standard work; receives detailed instruction on new assignmentsConsult with supervisor or senior peers on complex and unusual problemsAnticipated hourly range:$21.00 -$27.95 USD Hourly
Bonus eligible: No
Benefits: Cardinal Health offers a wide variety of benefits and programs to support health and well-being.
Medical, dental and vision coveragePaid time off planHealth savings account (HSA)401k savings planAccess to wages before pay day with myFlexPayFlexible spending accounts (FSAs)Short- and long-term disability coverageWork-Life resourcesPaid parental leaveHealthy lifestyle programsApplication window anticipated to close: 05/25/2025 *if interested in opportunity, please submit application as soon as possible.
The hourly range listed is an estimate. Pay at Cardinal Health is determined by multiple factors including, but not limited to, a candidate’s geographical location, relevant education, experience and skills and an evaluation of internal pay equity.
Candidates who are back-to-work, people with disabilities, without a college degree, and Veterans are encouraged to apply.
Cardinal Health supports an inclusive workplace that values diversity of thought, experience and background. We celebrate the power of our differences to create better solutions for our customers by ensuring employees can be their authentic selves each day. Cardinal Health is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, ancestry, age, physical or mental disability, sex, sexual orientation, gender identity/expression, pregnancy, veteran status, marital status, creed, status with regard to public assistance, genetic status or any other status protected by federal, state or local law.
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