Cash Applications Specialist Healthcare

MPOWERHealth•Conshohocken, PA
•Hybrid

About The Position

MPOWER Health is hiring a Cash Applications Specialist to support its healthcare financial operations. MPOWER Health provides clinical services, technology, and back-office solutions to independent musculoskeletal physicians. The role focuses on accurately posting patient and insurance payments, reconciling account discrepancies, and helping the team meet posting goals and closing deadlines. This is a hybrid role. The first 90 days are in-office; after training, the schedule is two days in the office and three days working remotely each week. Compensation is evaluated based on experience, skills, and qualifications; no salary range is stated.

Requirements

  • At least 2 years of consistent experience in healthcare payment posting.
  • Strong knowledge of health insurance processes.
  • Experience with Electronic Response Admittances (ERAs) and Explanation of Benefits (EOBs).
  • Analytical skills to identify trends and resolve account discrepancies.
  • Proficiency in Microsoft Excel and willingness to learn new systems.
  • Excellent communication skills and strong organizational abilities.
  • Professional presence and consistent, reliable attendance.

Responsibilities

  • Accurately post patient and insurance payments in a fast-paced environment.
  • Retrieve electronic checks and enter payments into billing software.
  • Analyze reports to ensure accurate posting and reconcile discrepancies.
  • Follow payer protocols and stay updated on fee schedules.
  • Meet monthly posting goals and closing deadlines.
  • Use Excel to build and manage billing spreadsheets.
  • Collaborate with the team to streamline processes and support department goals.

Benefits

  • Multiple medical plan options.
  • Health Savings Account with company contributions.
  • Dental and vision coverage for the employee and family.
  • 401(k) plan with a company match.
  • Paid vacation, sick time, and company holidays.
  • Wellbeing program with health insurance incentives.
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