At Central Maine Healthcare our team members are committed to providing exceptional care and experiences for our community and for each other every day.
Central Maine Healthcare is seeking a Payment Analyst to join our Team.
This is a full time 40-hour, benefits eligible position. ?
The rate of pay is $20.00 per hour.
The Payment Analyst’s primary responsibility is to research and process payments, adjustments and denials accurately and in a timely fashion to ensure a positive cash flow for the regional healthcare system.
- Education and Experience:
- High School graduate or equivalent.
- Minimum of two years relevant experience, including knowledge of insurance billing and medical terminology
What It’s Like Working At CMH:
We are all about our team members growth and health. That why we prioritize work/life balance, community-based wellness initiatives and tuition reimbursement or student loan repayment for ALL of our team members.
CMH offers a robust benefits package that includes:
- Robust Paid Time Off (PTO) program
- Medical plan with enhanced Tier 1 benefits provided within the CMH system.
- Dental plan
- Vision plan
- Health Savings Account (HSA)
- Basic Life insurance at no cost
- Supplemental Life insurance
- Long-term disability insurance
- 401(k) or 403(b) retirement savings plans
- Tuition IO partnership for student loan repayment assistance and tuition assistance
- Family leave program for Parental Leaves
- Comprehensive Wellness Program
Essential Duties:
1. Receives and posts payments from patients, insurance companies, federal and state agencies and other third-party payors.
2. Resolves unidentified patient and insurance payments according to departmental policy.
3. Accurately encodes payments and/or denials on EOB for batching and posting.
4. Determines, posts and reconciles contractual adjustments to patient accounts according to the contractual arrangements with third party payers.
5. Reconciles and posts daily cash batches.
6. Prepares, balances and records all monies for the regional healthcare system.
7. Receives, processes and posts non-patient payments for deposit.
8. Downloads, posts, and reconciles electronic remittances according to department standards.
9. Achieves a Quality Review score of 2.8 or better, 90% of the time.
10. Receives department mail and distributes it to the appropriate personnel.
11. Reviews and processes denied claims according to the department standard.
12. Demonstrates a good working relationship within the department and with other departments throughout the regional healthcare system.
13. Answers routine questions from patients concerning payments.
14. Demonstrates the ability to be flexible, organized and function well in stressful situations.
15. Accepts other assigned duties as needed.
- Language Skills:
- Ability to communicate in English, both verbally and in writing.
- Other languages preferred.
If you are passionate about making a difference and are looking for your next great career opportunity, we look forward to reviewing your application!