Billing Analyst II

Billing Analyst II

Job Summary

University Medical Billing (UMB) is a fully remote department that is viewed as the premier billing office for the University of Utah School of Medicine, serving over 1,800 providers and 30 different specialties across Utah and surrounding states. We strive to be a great place to work while providing the best service to our customers. Our leaders and employees value collaboration, innovation, and accountability, and believe a successful candidate will exemplify these attributes too.

We are looking for an experienced Billing Analyst II to join our team. As the Billing Analyst II, you will conduct billing operations and monitor operational / financial workflows to ensure billing compliance for new and existing customers. Ensure that billing and related functional processes are performed in accordance with accounting policy. Perform system and process audits to ensure that all invoicing procedures are being performed and transmitted accurately. Review monthly audits and present analytical reporting to leadership. Assist in month-end close including preparation of journal entries, billings package, A/R account analysis, and key revenue metrics. Partner with sales and customer service to resolve billing inquiries, providing assistance with information requests. Prepare ad-hoc analysis, as needed. Requires moderate skill set and proficiency in discipline. Conducts work assignments of increasing complexity, under moderate supervision with some latitude for independent judgment.

Compensation & Benefits
The starting salary for this position is $23.00 to $26.73 per hour, depending on experience. Members of UMB are eligible for a bonus based on department performance. All team members are eligible for the University's comprehensive benefit package that includes 90% employer-paid medical insurance, a generous 14.2% retirement contribution, reduced tuition, PTO and holiday pay, and more!

Employment is contingent on the successful completion of a background check and the adherence to departmental policies, including UMB's Telecommuting Agreement which requires a distraction-free and HIPAA compliant workplace, cameras on for all virtual calls/meetings, and the ability to work during office hours or assigned shift (M-F, approximately 8am to 5pm Mountain Time) regardless of what time zone you live in. Additionally, new hires are required to provide their own monitors (two) and reliable internet service.



Responsibilities
Essential Functions

1. Financial Operations - 40%
   • • Review and reconcile daily payment batches to ensure accuracy in financial reporting and maintain compliance with established procedures, resolve discrepancies in documentation and payments, assist in training and mentoring Level One analysts and other team members on payment posting procedures and best practices, contribute to the month-end and year-end close processes.
2. Financial Reporting - 20%
   • Generate and maintain reports related to payments, adjustments, and credit balances, support the preparation of monthly financial reports and audits as required.
3. Financial Analysis - 15%
   • Analyze credit balances and assist in identifying and resolving discrepancies, issue refunds as necessary, collaborate with the billing and collections teams to address complex payment issues and inquiries from patients and insurance providers, generate and analyze billing reports to identify trends, discrepancies, and areas for improvement, stay informed about industry standards and best practices in payment posting and credit analysis.
4. Financial Systems and Processes - 15%
   • Maintain and improve financial systems and processes to enhance efficiency and accuracy, recommend and implement improvements to streamline financial operations and reduce costs.
5. Relationship Management - 10%
   • Collaborate with internal stakeholders and interface with external stakeholders, including vendors, and financial institutions to resolve payment issues or identify areas for improvement in billing processes.
6. Complete ad hoc related duties as assigned; meet performance standards and key performance expectations of position.

This job description is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to the job.



Minimum Qualifications
Three years medical billing experience or equivalency (one year of education can be substituted for two years of related work experience) required. Thorough knowledge of entire billing process, demonstrated computer skills, human relations and effective communication skills are also required.

Applicants must demonstrate the potential ability to perform the essential functions of the job as outlined in the position description.

Preferences
An especially qualified candidate will also possess the following:

• • 3 years' experience in a cash handling role focused on reconciliations, data entry or point of service sales.
  • 2 years of medical billing experience working within EPIC and UMB database reconciling, payment posting, or overpayment analysis.

Applicants must demonstrate the potential ability to perform the essential functions of the job as outlined in the position description.

Disclaimer This job description has been designed to indicate the general nature and level of work performed by employees within this classification. It's not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to the job.



Special Instructions
While UMB is a remote department and this role will be performed remotely, interested applicants should note the following:

• This role is expected to work during UMB office hours which are Monday through Friday, 8am to 5pm Mountain Time.
• The University of Utah is committed to providing jobs to individuals located in Utah, and sees remote roles like this as an opportunity to provide amazing employment opportunities to those living in remote areas of the state. As such, Utah-based applicants may be prioritized in the screening process.
• At this time, the University of Utah is unable to employ individuals living in California, Colorado, New York, Oregon, or Washington.

Requisition Number: PRN41447B
Full Time or Part Time? Full Time
Work Schedule Summary: UMB Office Hours; M-F 8:00am to 5:00pm Mountain Time
Department: 00209 - Univ Medical Billing - Oper
Location: Other
Pay Rate Range: $23.00 to $26.73 per hour
Close Date: 5/17/2025
Open Until Filled:

To apply, visit https://utah.peopleadmin.com/postings/180011







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