Cash Posting Specialist

Role Description

We are currently hiring for the position of Cash Posting Specialist. This position is responsible for ensuring the timely and accurate posting of all account receivable payments, adjustment transactions and that all amounts are balanced to the deposits and all related transactions such as contractual adjustments, denials and payment reversals included in remittance correspondence are recorded in the patient accounting system and any variances are reported immediately.

• Review documentation to identify appropriate information needed to post payments and adjustments to patient accounts.
• Perform research to identify where unidentified cash should be posted and correct any posting errors or discrepancies.
• Maintain posting and transferring payments for secondary claims.
• Run ACH and CC twice per month and post to accounts.
• Submit collections monthly.
• Resolve any missing ERNs or checks to ensure accurate reconciliation and posting for accounts.
• Balance all deposits daily.
• Highlight innovative ways to continuously improve quality processes, increase accuracy and efficiency and achieve goals.
• Other duties as assigned.

Qualifications

• High school diploma or equivalent.
• Minimum 6 months experience in a posting and/or medical billing field.
• Knowledge of insurance Explanation of Benefits (EOBs).

Requirements

• Accuracy and attention to detail.
• Basic math skills (adding, subtraction, multiplying, dividing).
• Initiative and innovation.
• Verbal and written communication skills.
• Collaboration and cooperation.
• Teamwork and multi-tasking abilities.
• Organization and prioritization skills.
• Critical thinking.