Cash Posting Representative at Abbott

Taguig City, National Capital Region, Philippines

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Not SpecifiedCompensation

Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

HealthcareIndustries

Requirements

Associate degree in bookkeeping preferred
Prior training or knowledge of medical terminology required
One year of medical claims cash posting or medical collections preferred
Excellent oral and written communication skills preferred
Detail oriented with a focus on quality
Excellent PC skills and organizational skills
Six months to one year of experience in a data entry or accounting environment
Ability to enter data accurately using a 10-key pad
Ability to use a computer and enter data into the billing system
Proficiency in operating systems and equipment related to the job function
Excellent interpersonal and phone etiquette skills
Organization/Time Management Skills
High Degree of Professionalism
Ability to understand general business concepts and objectives
Ability to develop effective working relationships
Ability to use effective problem-solving techniques
Ability to make decisions following company procedures and governmental guidelines
Ability to be results oriented and focused
Ability to manage time to accomplish tasks
Ability to communicate clearly and effectively, both in writing and verbally
Ability to participate in job related training, courses, and seminars
Ability to use office equipment relevant to job functions (telephone with headset, fax/photocopier/scanner, computer/software)

Responsibilities

Review insurance Explanation of Benefits (EOB) to payments received against claims in the medical billing system
Review insurance EOBs to post a disallowance, adjustment or write-off
Research and report any payment that can’t be applied to a claim
Review and apply credit card or check payments
Compare batch proofs to source documents to ensure that reports are balanced
Create refund requests, when required, and submit for review and approval
Keep management informed of areas of concern and problems identified
Performs other related duties as assigned
Demonstrate understanding and compliance with Alere Home Monitoring processes, policies and procedures
Assist with implementation of workflow productivity improvements
Maintain a culture of accountability in area of responsibility
Assists with any special projects as directed by supervisor

Skills

EOB Review

Payment Posting

Insurance Adjustments

Payment Research

Credit Card Processing

Check Processing

Batch Reconciliation

Refund Requests

Abbott

Healthcare solutions in diagnostics and devices

About Abbott

Abbott Laboratories focuses on improving health through various medical technologies and health solutions. The company operates in areas such as cardiovascular health, diabetes management, diagnostic testing, nutrition, and neuromodulation for chronic pain and movement disorders. Abbott's products include advanced medical devices and diagnostic tests that help healthcare professionals and patients manage health conditions effectively. For example, their cardiovascular technologies assist in heart health management, while diabetes care products enable accurate glucose monitoring without painful fingersticks. Unlike many competitors, Abbott emphasizes accessibility and affordability in its offerings, aiming to make life-changing technologies available to a broader audience. The company's goal is to positively impact global health and well-being, supported by a commitment to sustainability and a 2030 Sustainability Plan.

Lake Bluff, IllinoisHeadquarters

1888Year Founded

IPOCompany Stage

HealthcareIndustries

10,001+Employees

Risks

Departure of key leader Dr. Adamson may affect Abbott's Heart Failure division.

Integration challenges with Medtronic could impact glucose monitor-insulin pump rollout.

Thermo Fisher's microfluidics expansion may increase competition for Abbott.

Differentiation

Abbott integrates continuous glucose monitoring with automated insulin delivery systems.

Abbott's microfluidic devices streamline diagnostic processes efficiently.

Abbott's neuromodulation products target specific nervous system areas for chronic pain relief.

Upsides

Microfluidic technology offers cost-effective solutions in diagnostics.

Strategic partnerships like Abbott-Medtronic enhance product offerings and market reach.

Significant investments indicate strong market confidence in Abbott's healthcare solutions.

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