At XiFin, a culture of inclusivity is in our very fabric. We believe that this culture not only creates a more equitable and functional workplace, but also enhances our team members' work experiences by promoting creativity, innovation, and collaboration.
Who are we looking for?
We are seeking a detail-oriented and analytical Reconciliation Specialist to join our medical billing team. The ideal candidate will be responsible for analyzing payment data, ensuring accurate billing and reimbursement processes, and improving overall financial performance for assigned customers. You must possess analytic skills, enjoy details, be experienced working in excel, and be able to thrive in a fast-paced environment. This role requires a strong understanding of healthcare billing procedures, insurance policies, and payment reconciliation.
You may be hired as a Reconciliation Specialist or a Sr. Reconciliation Specialist based on your depth of skill and breadth of experience.
What will you do?
- Develop standard operating procedures and participate in training
- Follow up/Initiate payor ERA/EFT enrollment
- Participate in payment posting audits
- Maintain high level of productivity through speed and accuracy
- Posting insurance, patient, and client payments as needed
- Review and analyze payment reports, identifying trends, discrepancies, and areas for improvement in the billing process
- Perform monthly reconciliation of payments received against billed amounts, investigating and resolving discrepancies as needed
- Generate and present regular reports on payment performance, trends, and key metrics to management.
- Provide training and support to billing staff on payment-related issues and best practices.
- Identify opportunities for process improvements and implement changes to enhance the efficiency of billing operations
This is an onsite position at our office in Charleston, SC.
What education and experience do you need?
A combination of the following education and experience factors will be considered:
- Highschool diploma required, Bachelor’s degree preferred
- Relevant experience/knowledge in medical billing, payment analysis, or healthcare finance
- Strong research and analytical skills
- High level of organizational, time management and customer service skills
- Advanced Microsoft Office Suite (Outlook, Word, Excel)
- Excellent analytical skills with a keen attention to detail
- Strong communication and interpersonal skills to collaborate effectively with internal teams and external partners
What’s in it for me?
We don't just offer benefits; we offer a comprehensive and flexible benefits package tailored for you!
- Dive into a world of cutting-edge healthcare with our comprehensive medical, dental and vision benefits, including telehealth services. Say goodbye to the hassle of prescriptions with our convenient mail-order program for 90-day maintenance medications.
- Our Health Savings Account (HSA) featuring pre-tax deductions and quarterly company contributions (HSA only) puts more money in your pockets!
- Plan for your golden years with confidence through our 401k retirement plan, complete with a company match.
- Fuel your ambition with our Tuition Assistance program, empowering you to reach new heights in your professional journey.
- Finally, experience true well-being with XiFin's BeWell Program, where we champion physical, mental, financial, and social wellness, because your success and happiness are our ultimate priorities
Why XiFin?
XiFin is a healthcare information technology company that empowers healthcare organizations to navigate an increasingly complex and evolving healthcare landscape. Through innovative AI-enabled technologies and services, we deliver operational efficiency, interoperability, and simplicity. The company’s revenue cycle management, clinical workflow enablement, laboratory information system, and patient engagement solutions enable organizations to achieve stronger finances, streamline operations, and develop industry-leading business strategies.
Helping healthcare providers achieve financial strength empowers them to do more good for more people. That’s THE POWER TO DO GOOD.
What does the position pay:
Compensation is determined by several factors which may include skillset, experience level, and geographic location.
The expected range for this role is $20.00-$23.00 hourly compensation. Please note this range is an estimate and actual may vary based on qualifications and experience.
If you are an individual with a disability and would like to request a reasonable accommodation as part of the application or recruiting process, please contact us at 858-436-2901.
EEO Statement
XiFin is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, gender, gender identity, sexual orientation, age, status as a protected veteran, among other things, or status as a qualified individual with disability.