Reimbursement Specialist

Posted 2 Days Ago
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Hiring Remotely in Philadelphia, PA, USA
In-Office or Remote
Entry level
Healthtech
The Role
The Reimbursement Specialist tracks deposits, retrieves and matches remittance advice and EOBs, posts healthcare payments, researches payment and posting errors, reconciles deposits, and supports month-end close. The role requires accurate payment posting, payer portal communication, queue management, reporting, and issue escalation. Healthcare payment posting experience, Excel proficiency, EOB interpretation, multitasking, and familiarity with Raintree EMR are important.
Summary Generated by Built In

State of Location:

Pennsylvania

Position Summary:

The Reimbursement Specialist is an energetic individual with experience in healthcare payment posting, preferably Physical Therapy and Raintree, who also has good Excel and problem-solving skills.  
In this role, you report to the RCBP Reimbursement and will be assigned day to day activities related to the daily posting and reconciliation activities, as well as special projects related to posting activities. 
This position works in the Fuse portal and the Remittance Assist application to match Remittance Advices to deposits, ensuring that remittances flow to the posting team in a timely manner, and ensure all deposits are posting in the current GL period. This position is detail oriented and requires communication skills to call insurance companies  and navigate payer portals to obtain remittance/EOBs. This position is required to maintain a follow up queue age of 10 days and Unidentified deposit turnover of 92% within 30 days. 

Job Description:

Your responsibilities will include:  

  • Daily deposit tracking – pulling missing EOBs and loading into Fuse, manual matching of ERA/Deposits in Fuse, and reconciling daily deposits in Remit Assist app. 
  • Reviewing, researching, and resolving assigned tasks related to missing payments, EOBs, and posting errors in the Raintree system. 
  • Supporting the Month End reconciliation process 
  • Accurate and timely payment posting, as assigned. 
  • Knowledgeable of all aspects of payment posting in Raintree and assigned Legacy systems –remit/automated, manual, Refunds, corrections, etc. 
  • Identify and escalate issues to leadership in a timely manner. 
  • Ad hoc projects, reporting and analysis as requested. 
  • Perform other duties as assigned 

To excel in this role you should possess:  

  • Healthcare Payment posting experience, preferably in Physical Therapy or similar specialty 
  • Strong computer skills, with emphasis on Excel and Microsoft Office 
  • High level of accuracy and productivity in performing job functions
  • Ability to read and interpret Explanations of Benefits 
  • Ability to manage multiple priorities and multitask. 
  • Team player who can also work independently. 
  • Raintree EMR experience preferred. 
  • Open availability M-F 8am – 6pm ET 

Why choose Ivy Health?    

  • Exceeding Expectations: Deliver best-in-class care and witness exceptional patient outcomes.    
  • Incentives Galore: Eligibility for full benefits package beginning within your first month of employment. Generous PTO (Paid Time Off) plans and paid holidays. 
  • Empowering Values: Live by values that prioritize teamwork, growth, and serving others.   

#LI-ST1

#LI-Remote




We are an equal opportunity employer, committed to diversity and inclusion in all aspects of the recruiting and employment process. Actual salaries depend on a variety of factors, including experience, specialty, education, and organizational need. Any listed salary range or contractual rate does not include bonuses/incentive, differential pay, or other forms of compensation or benefits.


ivyhealth.com


Skills Required

  • Healthcare payment posting experience, preferably in physical therapy or a similar specialty
  • Strong computer skills, especially Microsoft Excel and Microsoft Office
  • High accuracy and productivity
  • Ability to read and interpret Explanations of Benefits
  • Ability to manage multiple priorities and multitask
  • Ability to work as part of a team and independently
  • Raintree EMR experience
  • Availability Monday through Friday, 8:00 a.m. to 6:00 p.m. Eastern Time
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The Company
6,000 Employees
Year Founded: 2003

What We Do

Ivy Rehab Network operates a nationwide network of outpatient physical, occupational, speech, and applied behavior analysis (ABA) therapy clinics. Founded in 2003, the company focuses on helping patients reach their individual goals through orthopedic and pediatric care delivered across hundreds of U.S. locations. Ivy also offers telehealth services, enabling patients to see therapists virtually when they cannot attend a clinic in person.

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