Cash Posting Specialist 1

Air Methods

1d•$31,825 - $46,150•Onsite

About The Position

The Cash Posting Specialist is responsible for posting payments, adjustments, and denials to ensure appropriate accounting of outstanding receivables. This role involves identifying 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.
Ten key experience.
Intermediate Microsoft Office, including Word, Excel and Outlook.

Nice To Haves

Billing and Collections experience.

Responsibilities

Review daily remittance batches and apply all payments, adjustments, and discounts.
Identify payors that are not paying according to contract, negotiation, or fee schedules.
Research and resolve issues identified via reports, email, and assigned callbacks from various departments.
Research, document, and resolve all incoming non-payment EOBs/ERAs, unapplied/unallocated receipts, missing payments, missing EOBs/ERAs, and correspondence.
Review and enter the daily total deposit in the Cash Posting Spreadsheet against billing system reports to ensure there are no variances.
Assist in reconciliation for closing the financial period.
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.