About The Position

The Cash Posting Specialist is responsible for posting payments, adjustment and denials to ensure appropriate accounting of outstanding receivables. Identify payment trends and improper payments to ensure efficient resolution of issues.

Requirements

  • High school diploma or general education degree (GED); and one to two years’ related experience and/or training; or equivalent combination of education and experience
  • 1-2 years’ experience working in the healthcare industry or accounts receivable field
  • Advanced customer service and phone skills
  • Excellent organizational skills detail oriented, ability to prioritize and multi-task and meet deadlines.
  • Strong interpersonal skills and a high degree of collaboration at all levels to assist with problem resolution.
  • Intermediate Microsoft Office, including Word, Excel and Outlook

Nice To Haves

  • Billing and Collections experience
  • Ten key experience

Responsibilities

  • Review daily remittance batches and apply all payments, adjustments, discounts
  • Identify payors that are not paying according to contract, negotiation or fee schedules
  • Research and resolve issues identified via reports, email and assigned callback from various departments, when necessary
  • Research, document and resolve all incoming non-payment EOBs/ERAs, unapplied/unallocated receipts, missing payments, missing EOBs/ERAs, and correspondence
  • Review and enter daily total deposit in Cash Posting Spreadsheet against billing system reports to ensure there are no variances
  • Assist in reconciliation for closing the financial period, when necessary
  • Maintain current knowledge of contracts, fee schedules, policies and procedures relevant to the billing process
  • Report all payor issues or trends, lockbox and/or ACH issues to Lead/Supervisor
  • Other duties as assigned
  • Regular scheduled attendance

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What This Job Offers

Job Type

Full-time

Career Level

Entry Level

Education Level

High school or GED

Number of Employees

1,001-5,000 employees

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