Cash Applications Specialist

Emergicon•Terrell, TX

8h•Onsite

About The Position

The Cash Application Specialist is responsible for processing payments within the Cash Posting Department, identifying trends and patterns in insurance payments, and coordinating with insurance companies to resolve discrepancies.

Requirements

High school diploma or equivalent required.
At least one year of experience in medical payment posting required
Strong verbal and written communication skills; able to interact professionally with internal and external contacts
Highly detail-oriented with excellent organizational and time management abilities
Able to prioritize tasks and manage multiple responsibilities simultaneously
Proficient with Microsoft Office, including Excel (formulas, sorting, filtering)
Comfortable using accounting or financial software and navigating electronic payment systems
Professional phone etiquette

Nice To Haves

Prior accounts receivable experience preferred.

Responsibilities

Post all manual and electronic payments to patients accounts
Perform reconciliations to the general ledger and other month-end procedures
Identify patterns of over payments and bring them to the attention of appropriate supervisory personnel; identify billing errors, inaccurate payments, posting errors and resolve accordingly
Review insurance remittance advices for accuracy
Assure all monthly, weekly, and daily deadlines are met in the cash applications process.
Research unidentified payments and/or recoupment to determine appropriate resolution
Notify appropriate personnel of trends or problems with specific payers
Identify and coordinate remittance issues with accounts receivable departmental staff
Notify appropriate personnel of trends or problems with specific payers
Other job-related duties as assigned