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Reconciliation Officer at Avenue Healthcare

2 Years
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Company Details
Industry: Hospital & Health Care
Description: Avenue Hospital was founded in 1995 for the purpose of managing the outpatient department at the Hospital, and to extend medical services to corporate clientele through an innovative concept of Managed Healthcare
Job Description

Job Objective/Purpose

Confirmation of actual debtors’ receipts, obtaining remittances and timely allocation of the same.

Key Responsibilities

  • Reconcile debtors’ remittances against submitted claims to ensure accuracy, completeness, and proper posting of revenues.
  • Prepare and submit debtors claims with all required supporting documentation, including invoices, pre-authorizations, and medical reports, for dispute resolution purposes.
  • Investigate, analyse, and resolve variances between billed revenues and actual cash inflows.
  • Prepare reconciliation sign-off documents with debtors upon successful completion of the reconciliation process for agreed financial periods.
  • Re-document and resubmit disputed claims to debtors within stipulated timelines and monitor acknowledgment of receipt.
  • Track debtors’ claim at every stage of the revenue cycle to ensure timely processing and settlement.
  • Follow up on signed-off reconciled amounts to ensure prompt payment.
  • Liaise with insurance companies and third-party administrators to resolve disputed, rejected, or pending claims.
  • Maintain strong working relationships with debtors’ representatives to facilitate faster resolution of claims.
  • Ensure all claims comply with hospital policies, insurance requirements, and relevant regulatory standards.
  • Monitor, analyse, and report trends in claim rejections or denials, and recommend corrective and preventive measures.
  • Prepare periodic reports on claims submitted, amounts recovered, outstanding balances, and rejection or denial trends.
  • Collaborate with clinical, billing, and administrative teams to ensure accurate patient information and complete claim documentation.
  • Train and sensitize staff on proper documentation and billing practices to minimize claim rejections.
  • Recommend and support process improvements aimed at reducing turnaround times and enhancing claim recovery efficiency.

Person Specification

  • Bachelor’s degree in a business-related field.
  • CPA 2. 
  • Minimum 2 years experience. 
  • Attention to detail.
  • Excellent interpersonal skills and a team player.
Salary: Discuss During Interview
Education: Diploma
Employment Type: Full Time

Key Skills

finance  AccountingAuditing 
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