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Billing / Payment Analyst (Remote Opportunity)

Company

Tivity Health, Inc.

Address , Remote
Employment type FULL_TIME
Salary
Expires 2023-10-07
Posted at 9 months ago
Job Description
Description/Responsibilities:

The Billing / Payment Analyst maintains policies and procedures for the effective management and control of the billing and payment functions. Our Analyst is responsible for managing the day-to-day operations of the Billing/AR processes and analyzing and reviewing each billing cycle to ensure accuracy. This role is also responsible for analyzing monthly payment trend for payments that are flagged as out-of-trend, reviewing partner contracts, and making sure payments are calculated accurately based on active payment terms.

Job Responsibilities:
  • Conduct other analyses and projects as requested
  • Providing monthly reporting for key partners and management
  • Provide supporting documentation for annual selections for both internal and external Auditors to support SOX requirements
  • Processing payments for all provider locations and instructors including:
    • Reviewing all executed contracts for provider locations, ensuring all contract terms are accurately reflected in the system, and payments are calculated accordingly
    • Analyzing monthly payment trend for payments that are flagged as out-of-trend
    • Collaborating with cross-functional teams to resolve internal and external requests, including change of ownership, payment adjustments etc.
    • Providing monthly reporting for key partners and management
  • Prepare all invoices for Tivity Health customers including:
    • Creating billing templates for all products and services
    • Updating and reviewing billing checklists to ensure accuracy of customer invoices
    • Analyzing billed member and visit counts are in line with previous month and internal reports and adhere to all contractual billing rules.
    • Researching and resolving all billing discrepancies with the Billing Analysts in a timely and efficient manner
  • Analyzing monthly payment trend for payments that are flagged as out-of-trend
  • Reviewing all executed contracts for provider locations, ensuring all contract terms are accurately reflected in the system, and payments are calculated accordingly
  • Updating and reviewing billing checklists to ensure accuracy of customer invoices
  • Analyzing billed member and visit counts are in line with previous month and internal reports and adhere to all contractual billing rules.
  • Researching and resolving all billing discrepancies with the Billing Analysts in a timely and efficient manner
  • Support month-end close process, and adhere to close schedules and deadlines
  • Creating billing templates for all products and services
  • Daily cash reporting and cash application for all payments received in the Online Treasury and Lockbox accounts (ACH/WIRES/CHECKS)
  • Collaborating with cross-functional teams to resolve internal and external requests, including change of ownership, payment adjustments etc.
Qualifications:
  • General knowledge of accounting information in accordance with GAAP
  • Anticipate needs and requirements of internal and external customers
  • Knowledge of Accounts Receivables, Accounts Payables, and General Ledger
  • Ability to work well under pressure in a fast paced, changing environment
  • Experience in billing, payments, or accounting (specifically A/R, billing services and A/P). Prefer at least 1-2+ years of experience.
  • Time management and organizational skills
  • Detail oriented with a high degree of accuracy
  • Effectively communicate with all individuals and organizations
  • Degree in finance, accounting or other business discipline preferred. Experience in lieu of education will be considered.
  • Proficient in Microsoft Office products (Excel, Outlook, and Word), SharePoint and Oracle.

5013

About Tivity Health, Inc.
Tivity Health® Inc. is a leading provider of healthy life-changing solutions, including SilverSneakers®, Prime® Fitness, Burnalong® and WholeHealth Living®. We help adults improve their health and support them on life's journey by providing access to in-person and virtual physical activity, social, and mental enrichment programs, as well as a full suite of physical medicine and integrative health services. We continue to enhance the way we direct members along their journey to better health by delivering an insights-driven, personalized, interactive experience. Our suite of services support health plans, employers, health systems and providers nationwide as they seek to reduce costs and improve health outcomes. Learn more at Tivity Health.

Tivity Health is an equal employment opportunity employer and is committed to a proactive program of diversity development. Tivity Health will continue to recruit, hire, train, and promote into all job levels without regard to race, religion, gender, marital status, familial status, national origin, age, mental or physical disability, sexual orientation, gender identity, source of income, or veteran status.