Payment Reconciliation Specialist (Open for Fresh Grad)

Reposted 22 Hours Ago
Be an Early Applicant
Cagayan de Oro, Misamis Oriental, Northern Mindanao, PHL
In-Office
Entry level
Healthtech
The Role
The Payment Reconciliation Specialist will ensure accurate reconciliation of payments, resolve discrepancies, support billing and collections, and maintain compliance with policies.
Summary Generated by Built In

We’re looking for a Payment Reconciliation Specialist to join our growing team! In this role, you’ll be responsible for ensuring the accurate and timely reconciliation of payments received from payers, patients, and third parties. You’ll play a vital part in maintaining financial accuracy and integrity across the Revenue Cycle Management (RCM) process while supporting billing, collections, and accounting teams to resolve discrepancies and optimize cash flow.

Key Responsibilities:

  • Post and reconcile payments from insurance companies, patients, and third-party payers.
  • Match payments with EOBs (Explanation of Benefits), ERAs (Electronic Remittance Advices), and bank statements.
  • Identify and resolve payment discrepancies, denials, and underpayments.
  • Coordinate with billing and collections teams to ensure accurate reimbursement.
  • Prepare daily, weekly, and monthly reconciliation reports.
  • Maintain documentation for reconciled and unreconciled transactions.
  • Ensure compliance with payer contracts, company policies, and regulatory standards.
  • Support internal and external audits with accurate reports and documentation.
  • Access payer portals to pull EOBs and related payment information.
  • Recommend process improvements to enhance reconciliation accuracy and efficiency.
  • Maintain confidentiality and adhere to HIPAA regulations at all times.
  • Perform other related duties as assigned.

Qualifications:

  • Associate’s or Bachelor’s degree in Accounting, Finance, Healthcare Administration, or related field (preferred).
  • Understanding of billing, insurance and payment processes.
  • Knowledge of accounting and financial reconciliation principles.
  • Proficient in Microsoft Excel and financial/RCM software (e.g., Epic, Athenahealth, QuickBooks) is a plus.

Why Join Us

  • Competitive compensation and benefits package.
  • Supportive and collaborative work environment.
  • Opportunities for growth in a fast-evolving healthcare and finance setting.

Skills Required

  • Associate's or Bachelor's degree in Accounting, Finance, Healthcare Administration, or related field
  • Understanding of billing, insurance and payment processes
  • Knowledge of accounting and financial reconciliation principles
  • Proficient in Microsoft Excel and financial/RCM software
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The Company
HQ: Niagara Falls, New York
185 Employees
Year Founded: 1993

What We Do

For over 25 years, Harris Healthcare has been rising to the challenge of bringing together the most innovative and sustainable solutions for today’s ever-changing healthcare environment, in order to improve patient care and safety. Each one of our solutions brings organizational efficiencies on its own. Powerful synergies are achieved when multiple solutions are implemented together. The Harris Healthcare portfolio includes the following solutions: ♦ HARRIS Flex - an enterprise-level EHR solution that improves patient safety and clinical workflows. It includes a full complement of applications integrated in one single database, provides solid clinical decision support to your clinicians and helps standardize care while enforcing protocols and best practices at any Healthcare Organization. HARRIS Flex conveys the digital solution’s flexibility and strength. Healthcare organizations are continuously faced with new challenges and situations and require flexible EHR’s that can be rapidly adapted to their evolving clinical practice. Contrary to other EHR solutions which are inflexible and where customizations require costly support from the vendor, HARRIS Flex gives you the freedom to "flex" your EHR as you need it entirely on your own. The enhanced HARRIS Flex solution comes with new functionality including: ♦Flex Telehealth which enables virtual visits directly from within the EHR/EPR, and ♦Flex Clinical Insight which facilitates extraction and analysis of your EHR/EPR data to improve your processes and outcomes. ♦ SynergyCheck – a proactive interface monitoring solution watching over Clinical, Financial and other interfaces 24/7 to ensure data is flowing between systems

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