Cash Posting Specialist

SOLVENTUM • TX

93d • $49,206 - $60,141

About The Position

Solventum is a new healthcare company with a long legacy of solving big challenges that improve lives and help healthcare professionals perform at their best. At Solventum, people are at the heart of every innovation we pursue. Guided by empathy, insight, and clinical intelligence, we collaborate with the best minds in healthcare to address our customers’ toughest challenges. As a Cash Posting Specialist I, you will have the opportunity to tap into your curiosity and collaborate with some of the most innovative and diverse people around the world. Here, you will make an impact by posting cash payments, correspondence and audit letters to patient accounts within established SLA requirements, collaborating with insurance companies and internal departments to resolve discrepancies, analyzing explanation of benefits (EOB) for accuracy, obtaining missing EOBs for posting, creating correction batches for accurate posting, and sorting and scanning correspondence batches for posting.

Requirements

• Possess a High School Diploma/GED or higher from an accredited institution
• Minimum of 5 years relevant work experience or experience in healthcare in a private, public, government or military environment

Nice To Haves

• Fundamental problem-solving skills
• Cash posting experience
• Ability to enter data accurately
• Ability to prioritize
• Flexibility in work shifts to meet department needs
• Ability to maintain confidentiality and discretion in business relationships and exercise sound business judgment
• Basic accounting and finance skills
• Knowledge of reading and understanding Explanation of Benefits
• Fundamental Microsoft office skills

Responsibilities

• Posting of cash payments, correspondence and audit letters to patient accounts within established SLA requirements
• Collaborating with insurance companies and internal departments to resolve discrepancies
• Analyzing explanation of benefits (EOB) for accuracy and identifying trends or issues that require further investigation
• Obtaining missing explanation of benefits (EOB) for posting
• Creating correction batches for accurate posting
• Sorting and scanning correspondence batches for posting

Benefits

• Medical, Dental & Vision
• Health Savings Accounts
• Health Care & Dependent Care Flexible Spending Accounts
• Disability Benefits
• Life Insurance
• Voluntary Benefits
• Paid Absences
• Retirement Benefits

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED
• Number of Employees: 5,001-10,000 employees