Reimbursement Specialist
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Ivy Rehab
Philadelphia, PA, US
Summary
The Reimbursement Specialist is responsible for daily payment posting, reconciliation of deposits, and resolving payment errors within the Raintree system. They will also communicate with insurance companies to obtain necessary documentation and support month-end reconciliation processes.
Job Description
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.
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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.
Ivy is a rapidly growing network of best-in-class outpatient physical, occupational, speech and ABA therapy clinics throughout the United States. Founded in 2003, our mission is to inspire and enable people to live life to the fullest.
Our network is made up of a diverse group of brands dedicated to providing patients with the exceptional care, personalized treatment and unparalleled outcomes they deserve. Our ongoing investment in new partners and strategic growth nurtures a commitment to our culture that’s all about our people.
With 670+ clinics and more than 6,000 dedicated team members across 16+ states, we operate as One Ivy, driven by our commitment to deliver unparalleled care to every individual we serve.
Founded
2003
Company size
5,001-10,000 employees
Industry
Wellness and Fitness Services
Org type
Privately Held
Headquarters
White Plains, New York
Ivy is a rapidly growing network of best-in-class outpatient physical, occupational, speech and ABA therapy clinics throughout the United States. Founded in 2003, our mission is to inspire and enable people to live life to the fullest.
Our network is made up of a diverse group of brands dedicated to providing patients with the exceptional care, personalized treatment and unparalleled outcomes they deserve. Our ongoing investment in new partners and strategic growth nurtures a commitment to our culture that’s all about our people.
With 670+ clinics and more than 6,000 dedicated team members across 16+ states, we operate as One Ivy, driven by our commitment to deliver unparalleled care to every individual we serve.
Founded
2003
Company size
5,001-10,000 employees
Industry
Wellness and Fitness Services
Org type
Privately Held
Headquarters
White Plains, New York