Independence Physician Management (IPM) · 5 hours ago
Senior Payment Specialist
King of Prussia, PA
Full-time
Onsite
Senior Level
5+ years expIndependence Physician Management (IPM) is a subsidiary of UHS that develops and manages multi-specialty physician networks and urgent care clinics. The Senior Payment Specialist is responsible for balancing journal entries to both the bank statement and CPM balancing reporting tools.
Hospital & Health Care
Responsibilities
Breaking down ACH’s lockboxes and credit card payments for assigned markets
Reconciles processed work by verifying entries and comparing system reports to balances for both the CBO and the markets
Maintains and balances journal entries daily and monthly for the finance department’s general ledger
Identify variances related to the journal entries vs. bank statements and communicate findings to the Payment Specialists to research and post outstanding payments
Communicate offsets and variances to management & finance. Work closely with finance to resolve discrepancies
Participates in regularly scheduled team meetings offering new paths, procedures and approaches to maximize opportunities for performance and process improvement
Serve as back-up for the Payment Specialists as needed
Qualification
Required
High School Graduate/GED required
Experience (5-8 years minimum) working in a healthcare (professional) billing, health insurance or equivalent operations work environment
Healthcare (professional) billing, knowledge of CPT/ICD-10 coding, claim submission requirements and remittance processing
Reconciliation/balancing and accounting knowledge required
Ability to handle data entry accurately in a high-paced environment
Ability to reconcile data and identify discrepancies
Ability to obtain/manipulate necessary reports in CPM, balancing spreadsheets, and daily deposit spreadsheets
Excellent organization skills, attention to detail, research and problem solving ability
Results oriented with a proven track record of accomplishing tasks within a high-performing team environment
Service-oriented/customer-centric
Strong computer literacy skills including proficiency in Microsoft Office
Preferred
Associate's degree preferred
Understanding of the revenue cycle and how the various components work together preferred
Benefits
Competitive Compensation & Generous Paid Time Off.
Excellent Medical, Dental, Vision and Prescription Drug Plans.
401(K) with company match.
Company
Independence Physician Management (IPM)
Independence Physician Management (IPM), a subsidiary of UHS, was formed in 2012 as the physician services unit of UHS.
1001-5000 employees
Funding
Current Stage
Late StageCompany data provided by crunchbase