Overview: Job Summary: The Payment Analyst is responsible for the monetary intake for Ventra Health clients. Weekly assignments are provided by the supervisor and the Payment Analyst must develop a plan to complete work lists by end of week. Payment Analyst must comply with applicable laws regarding billing standards, and be able to operate in a team-oriented environment that strives to provide superior service to Ventra Health clients throughout the country. Responsibilities: Essential Functions and Tasks: Sort documentation from client by date of deposit Reconcile daily deposits in accordance to deposit ledger/bank reconciliation sheet Flags accounts needing additional information or further appeal Review underpayments and overpayments Monthly confirmation that all deposits are reconciled Close payment batches timely according to team goals Scanning in accordance to type of payment received Routinely conducts OCR verification of payment data Routinely runs insurance plan selection program Identifies need to add plans to master table and reruns selection to program Refers payments and adjustments exceptions to Revenue Cycle Manager Prints deposit slips and deposit statements Prints proofing report and checks for accuracy Verify Electronic Fund Transfers (EFT) and Credit Cards Retrieve correspondence and sort by client Dialogue with Practice's Accountant Set secondary billing to close out Notates patient accounts properly Set up accounts that require appeal follow up Reapply reversed funds into proper accounts Client Contract liaison for Billing teams Answers telephone according to company requirements Notes patient accounts properly Update patient address from statement carrier Processing remote deposits Organizing Electronic Remittance Advice Uploads Qualifications: Education and Experience Requirements: High School Diploma or GED. One year in data entry field One year in medical billing, anesthesia preferred Intermediate level knowledge of medical billing rules, such as coordination of benefits, modifiers, Medicare and Medicaid and understanding of EOBs Basic written and verbal communication skills Ability to make decisions in a timely fashion that are sound, accurate and supported by the reasoning and inclusion of appropriate people Must be able to interact well with all kinds of people Must be able to prioritize and accomplish objectives in a timely fashion IND1