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Cash Application Specialist

Cash Application Specialist

Job Description

Accurately and timely posts cash and contractual adjustments to patient accounts in HBO. Determines the appropriate claim disposition for each patient account posted. Identifies trends and issues and reports them to Team Lead.
Accurately and timely posts denials and write offs with the appropriate reason code to patient accounts in HBO. Determines the appropriate claim disposition for each patient account posted. Identifies trends and issues and reports them to Team Lead.
Verifies batches received balance to the lock box deposits on bank statement. Balances cash batches daily to the deposit totals provided by the bank. Reports bank errors to the Team Lead for resolution.
Completes daily finance sheet correctly and promptly. Forwards all live checks to the lockbox daily. Follows up on ACH deposits to ensure that remits are received.
Promptly corrects posting errors as identified by staff.
Researches and resolves unapplied cash.
Verifies credit balances and corrects and/or refunds as appropriate.

Job Requirements

License/Registration: None


Education: High school diploma or equivalent, college degree preferred or equivalent experience in health care cash posting environment.


Experience: 3-5 years progressive experience in health care cash posting or related field preferred

Parallon

Job Snapshot

Employment Type Full-Time
Job Type Health Care
Education High School
Experience Not Specified
Manages Others Not Specified
Industry Healthcare - Health Services
Required Travel Not Specified
Job ID 26600-85345
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Cash Application Specialist


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