CASH RECONCILIATION SPECIALIST

Lifebridge Health • Owings Mills, MD

114d • Remote

About The Position

The Cash Reconciliation Specialist reviews and reconciles bank account deposits and interdepartmental transfers and prepares insurance and patient payments for posting to the patient's account. This position reconciles electronic ACH bank deposits in the Payment Reconciliation system against deposit information in multiple bank accounts in preparation for posting to patient accounts.

Requirements

• HS Diploma/GED preferred.
• 1-3 years of experience in a health care billing environment using an accounting/health care computer system is preferred.
• Basic understanding and application of accounting principles, bookkeeping and medical terminology preferred.
• Attention to detail and the ability to multi-task and avoid distractions.

Responsibilities

• Reviews and reconciles bank account deposits and interdepartmental transfers.
• Prepares insurance and patient payments for posting to the patient's account.
• Reconciles electronic ACH bank deposits in the Payment Reconciliation system against deposit information in multiple bank accounts.
• Prepares financial reports of daily deposits and interdepartmental transfers for distribution within LifeBridge Health.
• Pulls images for lockbox from bank.
• Pulls EFT/ACH bank statement.
• Obtains EOBs/remits as necessary.
• Separates correspondence vs payments.
• Processes credit cards.
• Completes cash logs.
• Transfers funds to/from Facility.
• Prepares received payments for payment posting.

Benefits

• Competitive compensation (additional compensation such as overtime, shift differentials, premium pay, and bonuses may apply depending on job).
• Comprehensive health plans.
• Free parking.
• Wellness programs.
• Opportunities for professional development, including tuition reimbursement and developing foundational skills for neonatal critical care leadership and advanced certification.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Administrative and Support Services
• Education Level: High school or GED