Cash Application Specialist

Option Care Health•Nashville, TN

3d•$17 - $27

About The Position

Extraordinary Careers. Endless Possibilities. With the nation’s largest home infusion provider, there is no limit to the growth of your career. Option Care Health, Inc. is the largest independent home and alternate site infusion services provider in the United States. With over 8,000 team members including 5,000 clinicians, we work compassionately to elevate standards of care for patients with acute and chronic conditions in all 50 states. Through our clinical leadership, expertise and national scale, Option Care Health is re-imagining the infusion care experience for patients, customers and team members. Join a company that is taking action to develop an inclusive, respectful, engaging and rewarding culture for all team members. At Option Care Health your voice is heard, your work is valued, and you’re empowered to grow. Cultivating a team with a variety of talents, backgrounds and perspectives makes us stronger, innovative, and more impactful. Our organization requires extraordinary people to provide extraordinary care, so we are investing in a culture that attracts, hires and retains the best and brightest talent in healthcare. Job Description Summary: Researches, identifies and allocates all payments and ensures that all cash is posted and distributed accurately and within required time frames under conformity to the applicable internal controls and compliance requirements. Job Description:

Requirements

High School Diploma or equivalent.
Basic level skill in Microsoft Excel (for example: opening a workbook, inserting a row, selecting font style and size, formatting cells as currency, using copy, paste and save functions, aligning text, selecting cells, renaming a worksheet, inserting a column, selecting a chart style, inserting a worksheet, setting margins, selecting page orientation, using spell check and/or printing worksheets).
Basic level skill in Microsoft Word (for example: opening a document, cutting, pasting and aligning text, selecting font type and size, changing margins and column width, sorting, inserting bullets, pictures and dates, using find and replace, undo, spell check, track changes, review pane and/or print functions).

Nice To Haves

Previous Infusion Reimbursement or Intake/Admissions experience.

Responsibilities

Posts all payments and denials as they are received from lock box into the system, balances daily cash receipts against lock box total and gives to Reimbursement Manager for approval.
Completes the Cash Rec on a daily basis and makes all entries into KIS.
Runs all A/R reports necessary for month end reporting including reviewing the Cash Reconciliation and KIS entries.
Runs reports as needed or requested for the Reimbursement Manager.
Recognizes and reports any bad debt, billing or collection issues upon immediate discovery.
Recognizes and reports any payer/insurance and or patient issues that could impact AR.