Cash Applications Specialist Healthcare

MPOWERHealth • Conshohocken, PA

13h

About The Position

The Payment Posting Specialist is responsible for accurately posting patient and insurance payments to patient accounts. This role involves handling additional payment-related functions as necessary, retrieving checks by payer on electronic and entering payments into billing software, and following internal payer protocols and posting guidelines relating to payer fee schedules. The specialist will also run and analyze balancing reports to ensure accurate posting, meet monthly post goals and closing deadlines, and participate in proactive team efforts to achieve departmental and company goals. A key part of this role includes building billing spreadsheets in Microsoft Excel.

Requirements

• High School degree or equivalent
• 2 years of related experience preferred
• Excellent communicator.
• Knowledge of health insurance.
• Experience working with Electronic Response Admittance's (ERAs) and Explanation of Benefits (EOB).
• Organized and able to focus.
• Identify account problems along with trends and patterns.
• Able to promptly learn and utilize our system
• Must maintain professional appearance.
• Ability to be at work on a regular and consistent basis.

Responsibilities

• Posting patient and insurance payments to patient accounts with a high degree of accuracy in a high-volume, time-sensitive work environment.
• Handle additional payment-related functions as necessary.
• Retrieve checks by payer on electronic and enter payments into billing software.
• Follow internal payer protocols and posting guidelines relating to payer fee schedules.
• Run and analyze balancing report to insure accurate posting.
• Meet monthly post goals and closing deadlines.
• Participate in proactive team efforts to achieve departmental and company goals.
• Able to build billing spread sheets in Microsoft Excel.
• Other duties as assigned.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED