Positions Location: Lansing, MI
General Purpose of Job:
Record, reconcile, and ensure accuracy of all hospital and SRL financial transactions to include: bank deposits, third party voucher posting, bad debt recoveries and miscellaneous general ledger cash transactions
Essential Duties:
This job description is intended to cover the minimum essential duties assigned on a regular basis. Caregivers may be asked to perform additional duties as assigned by their leader. Leadership has the right to alter or modify the duties of the position.
- Ensure that payments are deposited and posted to the appropriate patient, or General Ledger account for Sparrow Hospital (SHS) and Sparrow Regional Lab (SRL).
- Ensure that third party payments are in accordance with contractual agreements.
- Calculate, process, and ensure accuracy of third party contractual allowances and adjustments for SHS and SRL.
- Reconcile SHS and SRL cash application transactions with source documents, i.e. third party payment vouchers and checks.
- Apply bad debt recoveries to the appropriate patient and General Ledge Account.
- Research and apply unidentified payments.
General Requirements | None |
Work Experience | Minimum of 1 year experience with computerized patient accounting systems |
Education | High school diploma or GED |
Specialized Knowledge and Skills | Mathematical aptitude Calculator and personal computer skills Demonstrates ability to use a keyboard as may be required to perform the essential duties of the job. Excel spreadsheet experience Extensive knowledge of third party billing and payment methodologies Basic knowledge of the patient pay collection process Ability to function with minimal direction Strong oral and written communication skills Strong interpersonal skills Understanding of basic accounting principles preferred Hospital and/or professional billing and coding knowledge preferred |
University of Michigan Health is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected Veteran status.
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Shift | Days |
Degree Type / Education Level | High School / GED |
Status | Full-time |
Facility | Sparrow Hospital |
Experience Level | Under 4 Years |