Cash Applications Specialist

Cash Applications Specialist - Houston, TX Position Summary The Cash Applications Specialist is responsible for reviewing daily bank account activity and classifying all incoming transactions as insurance payments, patient payments, or non-collections. This role ensures that all payments are accurately identified, organized, and documented so they can be passed to the posting team for application in the revenue cycle system. This role does not post payments. It focuses on reviewing, classifying, and preparing bank activity for downstream processing. Details Location: Hybrid (4 days onsite, 1 day remote) Pay: $23–$25/hour (DOE) Interview: One-round interview + EOB assessment Start Date: Targeting early June Address: 1776 Yorktown St Floor 2 & 7, Houston, Texas 77056, United States Duration: Contract to hire, 800-hour contract Required Qualifications Experience in healthcare collections or revenue cycle operations Strong understanding of Explanation of Benefits (EOBs) Experience with bank reconciliation or payment analysis Proficiency in Microsoft Excel (including spreadsheets and pivot tables) Experience communicating with insurance payers Strong attention to detail and ability to research payment discrepancies Preferred Qualifications Experience with cash posting or payment posting workflows Familiarity with clearinghouse systems (e.g., Waystar) Experience in medical billing, collections, or insurance follow-up Key Responsibilities Bank Account Review Review daily bank transactions Identify and categorize incoming payments: Insurance payments Non-collections Payment Breakdown Break down deposits into: Individual payments Bulk payments Credit card batches Record details in Excel Research & Issue Resolution Investigate unclear or missing payments Contact insurance companies for clarification Documentation & Reporting Create deposit summary sheets for posting teams Clearly document payment types and breakdowns Provide organized data for accurate posting Reconcile bank activity for accuracy and completeness Complete work within 3-business-day window Support month-end close by resolving discrepancies Why Apply? This role offers stability, supportive management, and an opportunity to strengthen your revenue cycle skills in a hands-on healthcare finance environment. Take the next step in your career and apply today. #J-18808-Ljbffr