Cash Applications Rep I

Sarasota Memorial Health Care System • Sarasota, FL

7h

About The Position

The Cash Applications Rep I is responsible for accurately posting all payments, adjustments, co-insurances, deductibles, co-pays, and denials to patient accounts. This role involves logging and tracking proper lockbox/banking deposits and adjustments, and reconciling all postings to ensure accuracy and balance with accounting. The representative will research problems related to banking/check issues and unbalanced batches. They also serve as a liaison to various departments and roles including PFS Director, A/R Collection Manager, Front Desk, Volunteers, Mail Room, Customer Service Reps, Document Specialists, Accounting Clerks, Self Pay Reps, Insurance Reps, Subsidiary Cashiers, Medicaid Rep, Refund Rep, Credit and Legal Reps, DSS Center, FPG Reps, Dunbar courier, Banking Team Reps, and Lockbox reps.

Requirements

• Minimum of one (1) year of relevant healthcare or cash posting experience (A Bachelor’s or higher level degree may substitute for the required experience).
• High School Diploma, GED or Certificate.
• Ability to type minimum of forty-five (45) words per minute.

Nice To Haves

• Financial/accounting or banking experience.
• Demonstrated experience in computer data input and using windows based programs with the ability to work several of these programs simultaneously.
• Demonstrated ability to use standard office equipment including adding machine.
• Demonstrated mathematical, organizational, investigative and communication skills.
• Demonstrated knowledge or experience of banking/lockbox systems and terminology regarding check processing, electronic deposits, bank reports and check encoding.
• Demonstrated knowledge of Managed Care remittances, EOBs and adjustment processes.
• Demonstrated effective written and verbal communication skills.
• Bachelor Degree.

Responsibilities

• Accurately posts all payments, adjustments, co-insurances, deductibles, co-pays and denials to patient accounts.
• Logs and tracks proper lockbox/banking deposits and adjustments.
• Reconciles all postings and works with accounting to ensure all postings are accurate and are balanced.
• Researches all problems pertaining to banking/check issues and unbalanced batches.
• Serves as liaison to the following (and others): PFS Director, A/R Collection Manager, Front Desk, Volunteers, Mail Room, Customer Service Reps, Document Specialists, Accounting Clerks, Self Pay Reps, Insurance Reps, Subsidiary Cashiers, Medicaid Rep, Refund Rep, Credit and Legal Reps, DSS Center, FPG Reps, Dunbar courier, Banking Team Reps, and Lockbox reps.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED
• Number of Employees: 501-1,000 employees