CASH POSTING SPECIALIST-1

Samaritan Health Services • Portland, OR

4d • $20 - $26 • Onsite

About The Position

The Cash Posting Specialist supports core revenue cycle operations by reviewing, reconciling, and posting insurance remittances and payments received from patients, guarantors, third-party payers, and insurance companies, electronically or in hard copy. The role reviews managed care contractual adjustments, researches discrepancies, and resolves payment variances. It also distributes payments intended for other Samaritan Medical Center entities and prepares documentation for the Accounting Department to ensure accurate recording of patient accounts receivable cash transactions. Timely, accurate work and strong attention to detail are essential to efficient workflows across departments.

This is an on-site position; remote work is not available. The position reports to the Manager of Patient Financial Services.

Requirements

• High school diploma or GED required.
• Ability to enter or key high volumes of data rapidly and accurately required.
• Solid knowledge of Excel, including linking worksheets and creating formulas, required.
• Analytical skills to identify and correct errors required.
• Bank reconciliation experience required.

Nice To Haves

• Two to three years of related experience and/or training preferred.
• Math and accounting experience preferred.
• Experience with electronic remittance advice software preferred.
• Meditech, Medent, CPSI, and Quadax experience preferred.

Responsibilities

• Apply electronic and hard-copy payments daily to the appropriate patient accounts.
• Reconcile daily lockbox deposits, EFTs, and credit card postings in the practice management system.
• Process and transfer credits to the appropriate Samaritan Medical Center entities.
• Prepare journal entries and supporting documentation for the Accounting Department related to patient accounts receivable.
• Use managed care contract terms and governmental reimbursement regulations to correct erroneous contractual adjustments and post appropriate adjustments not previously posted.
• Review payment and adjustment accuracy, verify amounts prorated to third parties and patients, determine next steps for remaining balances, and provide necessary follow-up data.
• Verify and apply credit card transactions to reconcile monthly account statements.
• Reconcile bank statement reports daily.
• Process patient or third-party checks returned as unpayable due to insufficient funds.
• Perform other job functions and duties as assigned.

What This Job Offers

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