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Cash Posting Specialist

Full-time

Matrix Finance and Accounting

This is a 100% onsite role supporting the healthcare revenue cycle through accurate payment posting, reconciliation, and account maintenance. The ideal candidate has experience with cash posting, cash application, or healthcare A/R and is comfortable working in a high-volume, detail-oriented environment.

Key Responsibilities:

  • Apply insurance and other payer payments to the appropriate patient accounts with a high degree of accuracy and timeliness.
  • Review remittance information and payment activity to ensure transactions are properly reflected in patient accounts.
  • Investigate and clear payments that cannot initially be matched to a specific account or balance.
  • Reconcile posted payments against remittance and deposit records and address any variances.
  • Monitor payment activity for errors, unusual trends, or recurring discrepancies and escalate issues when needed.
  • Review patient account credit balances and coordinate appropriate refunds or account corrections.
  • Process account adjustments, contractual write-offs, and other payment-related changes in accordance with established guidelines.
  • Investigate deposit and posting issues and work with internal teams to correct discrepancies.
  • Assist the accounting and revenue cycle teams with period-end reconciliation and close activities.
  • Maintain productivity and accuracy standards while managing a consistent volume of payment-related transactions.
  • Work in accordance with healthcare billing requirements, payer guidelines, and patient privacy regulations.
  • Protect confidential patient and financial information and follow applicable privacy and security procedures.

Qualifications:

  • High school diploma or GED required.
  • Experience in healthcare revenue cycle, medical billing, accounts receivable, cash posting, cash application, or a related area preferred.
  • Familiarity with insurance payments, remittance documentation, patient accounts, and payment reconciliation.
  • Effective organizational and time-management skills.
  • Comfortable working with financial information and computer-based systems.
  • Ability to handle sensitive patient and financial information with discretion.
Vacancy posted 4 days ago
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