Specialist, Cash Posting

Summary:

The Cash Posting Specialist is responsible for ensuring 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   

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

• Must 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

Work Experience, Education, and Certifications:

• Minimum of 3-5 years (preferred) prior direct cash handling experience in healthcare setting

• High school diploma or GED equivalent required

• Home-Based (remote) position requires a reliable high speed internet connection

100% Remote Role