Specialist, Cash Posting

Remote: 
Full Remote
Contract: 
Work from: 

Offer summary

Qualifications:

High school diploma or equivalent; additional education in finance or accounting is a plus., Proficiency in data entry and familiarity with MS Excel applications, with basic to intermediate skills preferred., Strong communication skills, both written and verbal, to interact effectively with management and clients., Detail-oriented with excellent time management and organizational skills, capable of working independently..

Key responsibilities:

  • Accurately post and reconcile manual and electronic payments, including patient and insurance payments.
  • Conduct daily cash reconciliation and prepare reports on payment posting accuracy.
  • Research and resolve unapplied accounts and unidentified deposits, while maintaining effective communication with team members.
  • Assist with training and cross-training of team members, and perform other duties as assigned.

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Ovation Healthcare Health Care SME https://ovationhc.com/
201 - 500 Employees
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Job description

The Cash Posting Specialist is responsible to ensure that all aspects of manual and electronic payments are accurately applied and reconciled within a timely manner.
Duties and Responsibilities:
  • Payment posting manual/Electronic (ERA’s) patient and insurance payments, adjustments, and/or denials
  • Locate remittances & payments in various portals &/or clearinghouse
  • Read and interpret EOB’s
  • Apply copay/coinsurance and deductible balances to patient responsibility
  • Review of patient account balances as needed to determine posting accuracy
  • Perform payment deposit downloads and bank reconciliations
  • Daily cash reconciliation and reporting
  • Research and resolve unapplied accounts
  • Flexibility to cross train/assist with training/cover for other team members and/or with other projects as needed
  • Identify and report on trends/issues
  • Prepare, reconcile and complete the local bank deposits for mail patient/insurance/accounting payments & other hospital/clinic departments (does not apply to home-based candidates)
  • Maintain/reconcile petty cash funds, process point of service patient payments (does not apply to home-based candidates)
  • Post monthly agency payment reports
  • Work to resolve unidentified deposits
  • Work posting issue work queues   
  • Other duties as assigned

KNOWLEDGE, SKILLS, AND ABILITIES:
  • 10 key calculator skills preferred
  • Ability to read, speak, and write fluent English
  • Data entry experience
  • Familiarity with computers (MS/Excel applications).  Basic to intermediate Excel skills preferred
  • Requires developed communication skills to effectively work with all levels of management, peers and clients.
  • Possesses excellent written and verbal communications.
  • Ability to work as a team member, creating and maintaining effective working relationships.
  • Must adapt and demonstrate the ability to work independently in a quiet, dedicated workspace from home in a fast-paced, changing and goal-oriented environment
  • Mut be detail oriented, a strong multi-tasker, resourceful and possess the ability to apply critical thinking skills to make good and independent decisions.
  • Candidate must exhibit excellent time management organizational skills

Required profile

Experience

Industry :
Health Care
Spoken language(s):
English
Check out the description to know which languages are mandatory.

Other Skills

  • Communication
  • Microsoft Excel
  • Adaptability
  • Time Management
  • Teamwork
  • Critical Thinking

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