Cash Applications Coordinator

Easterseals NH•Manchester, NH

1d•Onsite

About The Position

The Cash Applications Coordinator is responsible for performing timely and accurate application of daily receipts to client accounts and reconciling cash balance to the general ledger account daily. This role involves investigating short payments, deductions, unapplied cash, and missing remittance details. The coordinator will also work with various teams to clear outstanding items, research issues impeding proper cash applications, and support cash forecasting and monitoring cash flow. Adherence to HIPAA regulations and standard operating procedures is crucial.

Requirements

Associate’s degree in accounting or business management and two (2) years’ experience in healthcare billing OR High school degree and four to six (4-6) years’ experience in healthcare billing with emphasis on cash application functions
Proven understanding of accounting cycle of accounts receivable, from generation and recording of revenues to collections, cash application and cash forecasting
Proficiency in Microsoft Excel and major EMR and ERP systems such as Allscripts, Aura and Workday preferred
Strong attention to detail, analytical thinking, and effective communication
Strong familiarity with medical terminology
Valid driver’s license and reliable transportation

Nice To Haves

Proficiency in Microsoft Excel and major EMR and ERP systems such as Allscripts, Aura and Workday

Responsibilities

Perform timely and accurate application of daily receipts to client accounts and reconcile cash balance to general ledger account daily
Investigate short payments, deductions, unapplied cash, and missing remittance details.
Note patient deductions, co-insurance gaps, contractual write-offs, and insurance underpayments to senior billing staff to review.
Work with the billing, collections, and customer service teams to clear outstanding items.
Research issues impeding proper cash applications and developing appropriate resolutions.
Support senior staff with cash forecasting and monitor cash flow for all assigned areas of responsibility.
Continually review and update processing of areas of responsibilities to ensure that procedures generate appropriate outcomes.
Follow HIPAA regulations and standard operating procedures to protect sensitive patient billing information.

Benefits

Medical
Dental
Vision
Life & Disability
PTO begins accruing on your first day!
Up to 9 paid holidays annually, plus one floating holiday of your choice.
403(b) employer match up to a maximum of 3%
Tuition reimbursement after one year of employment
Student loan repayment for qualifying degrees after one year of employment
Wellness programs: nutritional counseling services, reimbursement programs for weight loss & tobacco cessation