*CBO Payment Applications Specialist/Full Time/Hybrid jobs in United States
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Henry Ford Health · 1 day ago

*CBO Payment Applications Specialist/Full Time/Hybrid

positionTroy, MI
timeFull-time
remoteHybrid
seniorityEntry Level
date1+ years exp

Henry Ford Health is a multi-facility integrated healthcare delivery system. The Payment Applications Specialist is responsible for accurately posting payments received from patients and third-party payers to healthcare accounts receivables, managing billing associated with the health system's hospitals, outpatient clinics, and employed physicians.

BiotechnologyHealth CareHealth InsuranceMedical
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H1B Sponsor Likelynote

Responsibilities

Post and balance patient payments received through various methods such as check, EFT, and credit card
Post and balance payments received from third-party payers, applying related contractual adjustments and determining patient responsibility
Post and balance payments received from collection agencies via electronic payment files
Utilize automation processes to balance and post EFTs
Balance and reconcile 835 Remittance files following proper work queue procedures to address remittance file errors and PLBs
Resolve aged deposits to ensure proper application of payments or return of funds to the appropriate party
Understand and apply HFH third-party insurance contract terms to appropriately apply contractual adjustments
Analyze payer denial reasons to appropriately determine insurance responses based on adjudication using standard ANSI remittance codes
Retrieve remittance files from payer websites and upload to document retention software
Research and process misapplied or missing payments following proper work queue procedures
Review and analyze unposted 835 remittance file activity and make recommendations on proper resolution
Process refunds resulting from payments received in error
Handle credit card chargebacks and items returned for nonsufficient funds
Meet established quality and productivity expectations
Identify and report any potential issues to leadership
Adhere to legal and ethical standards as set forth in the HFH Code of Conduct
Perform other related duties as assigned

Qualification

Payment postingHealthcare revenue cycleContractual adjustmentsRemittance file reconciliationAccounting functionsFinance experienceSoft skills

Required

High school diploma or equivalent required
One year of experience in finance, accounting, or healthcare revenue cycle related position preferred
Experience with general ledgers or other accounting functions preferred

Company

Henry Ford Health

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dateFounded in 1915
location
Detroit, Michigan, USA
people-size10001+ employees
web-link
http://www.henryford.com/

H1B Sponsorship

Henry Ford Health has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (212)
2024 (156)
2023 (134)
2022 (159)
2021 (140)
2020 (153)

Funding

Current Stage
Late Stage
Total Funding
$40.27M
Key Investors
Mort Harris
2020-06-04Grant· $0.27M
2018-04-09Grant· $20M
2016-12-05Grant· $20M

Leadership Team

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Robert Riney
President and CEO
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Brenda Craig
Vice President, Integrated Communications
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Recent News

Business Wire
Henry Ford Health Expands Access to Affordable Care, Partners with Nomi Health to Redefine Employer Coverage
2025-11-18
MarketScreener
BD Reports Fourth Quarter and Full Year Fiscal 2025 Financial Results
2025-11-07
Newsweek
Henry Ford Health Dismisses Nurses on Strike of Pushing a National Agenda
2025-10-25
Company data provided by crunchbase