Accounts Receivable Analyst
CurrentFinancial Transaction Executive:Worked in charge entry and ensure the accuracy of patient medical data. Then learned payment posting by Reviewing Explanation of Benefits (EOBs) for accuracy, including co-pays, deductibles, and denials by posting payments from insurance carriers and patients to the correct accounts and ensuring that payments are posted correctly and reconciled with the actual payments made by patients.AR Analyst:As an AR Analyst it's crucial to analyze and resolve any issues that come up with unpaid and denied claims. This involves a lot of follow-up with insurance companies to check on the status of claims and to work through any problems that arise. A big part of the job is interpreting Explanation of Benefits (EOBs) to make sure everything is paid correctly, including adjustments and what the patient is responsible for. It's also important to document all activities related to accounts receivable follow-ups in a clear and thorough way. Regularly reviewing and appealing unpaid and denied claims helps in this effort. Plus, maintaining patient confidentiality and sticking to HIPAA regulations is non-negotiable. Staying updated on the latest changes in medical coding, billing practices, insurance policies, and healthcare regulations is essential to keep everything running smoothly.