Payment Application Specialist I

WHY UT SOUTHWESTERN?
With over 75 years of excellence in Dallas-Fort Worth, Texas, UT Southwestern is committed to excellence, innovation, teamwork, and compassion. As a world-renowned medical and research center, we strive to provide the best possible care, resources, and benefits for our valued employees. Ranked as the number 1 hospital in Dallas-Fort Worth according to U.S. News & World Report, we invest in you with opportunities for career growth and development to align with your future goals. Our highly competitive benefits package offers healthcare, PTO and paid holidays, on-site childcare, wage, merit increases and so much more. We invite you to be a part of the UT Southwestern team where you'll discover a culture of teamwork, professionalism, and a rewarding career! 

JOB SUMMARY
The Payment Application Specialist I works under general supervision and is responsible for the accuracy of facts and/or figures posted to patients, company and suspended and/or pending accounts. Researches and investigates accounts when posting payments from patients, insurance companies, government insurance and other third-party carriers. 

• Process and apply payments (checks, ACH) to company, patients accounts. 
• Reconcile daily cash receipts and resolve unapplied or misapplied payments. 
• Research and correct payment discrepancies and variances. 
• Maintain accurate records of transactions in accounting systems. 
• Assist with month-end closing activities and reporting. 
• Ensure compliance with company policies and internal controls. 
• Work from home - This is a WFH position. Applicants must live within the Greater DFW area.  

BENEFITS
UT Southwestern is proud to offer a competitive and comprehensive benefits package to eligible employees. Our benefits are designed to support your overall wellbeing, and include:

• PPO medical plan, available day one at no cost for full-time employee-only coverage
• 100%25 coverage for preventive healthcare-no copay
• Paid Time Off, available day one
• Retirement Programs through the Teacher Retirement System of Texas (TRS)
• Paid Parental Leave Benefit
• Wellness programs
• Tuition Reimbursement
• Public Service Loan Forgiveness (PSLF) Qualified Employer
• Learn more about these and other UTSW employee benefits!

EXPERIENCE AND EDUCATION

Required

• Education
  High School Diploma or equivalent 
   

• Experience
  2 years hospital/medical office payment posting or bookkeeping experience 
   

JOB DUTIES

• Posts payments received from insurance companies, Medicare, Medicaid, patients, etc., to invoices which may involve: a) Research any payment application problems; b) Verifying all documents received; c) Takes appropriate corrective action including contacting insurance companies, patients and/or other insurance carriers to resolve questions to which invoice a payment should be posted; d) Updating the Financial Status Classification (FSC) of a patient; e) Preparing journal vouchers and f) Generating invoices.
• Analyzes automatic processes for correctness and posts all edits and rejects as required. Interacts with Supervisor and Group Leader in assuring data is accurate and submitted in accordance with processing deadlines.
• Posts rejected and pre-post edits manually for payments received electronically with knowledge of electronic positing and reconciliation process.
• Research problem accounts in order to properly post payments. Elevates appropriate posting issues to Group Leader or Supervisor.
• Balances all batches and resolves discrepancies.
• Proper posting of critical company accounts, transplant, research, and complex IA accounts.
• Performs other duties as assigned.

SECURITY AND EEO STATEMENT

Security
This position is security-sensitive and subject to Texas Education Code 51.215, which authorizes UT Southwestern to obtain criminal history record information.

EEO
UT Southwestern Medical Center is committed to an educational and working environment that provides equal opportunity to all members of the University community. As an equal opportunity employer, UT Southwestern prohibits unlawful discrimination, including discrimination on the basis of race, color, religion, national origin, sex, sexual orientation, gender identity, gender expression, age, disability, genetic information, citizenship status, or veteran status.