Cash Application Analyst - Full Time
Cash Application Analyst - Full Time
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Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
Cash Applications Analyst Hospital Setting
- Review daily batches of payments from sources including EFTs lockboxes checks and credit card payments for both hospital and provider clinic services.
- Ensure accurate cash control procedures by balancing daily deposit reports and reconciling with bank and lockbox statements.
- Apply insurance and patient payments to appropriate accounts invoices and service lines including professional and facility charges.
- Research and resolve unapplied cash or misapplied payments across multiple departments and systems.
- Identify and process refunds for patients and payers due to overpayments adjustments or claim corrections.
- Review and manage credit balances to ensure timely resolution adhering to payer rules and hospital policies.
- Reconcile cash receipts from lockbox deposits and coordinate with bank representatives for any discrepancies.
- Maintain accurate records of payment activity adjustments and refund justifications within patient accounting systems.
- Collaborate with hospital billing teams provider clinic billing staff and patient financial services to resolve discrepancies and ensure accurate account maintenance.
- Prepare reports and documentation to support audits and internal reviews related to cash posting credit balances and refund processing.
- Ensure compliance with HIPAA Medicare Medicaid and payerspecific refund guidelines.
- High school diploma or equivalent required; associate degree in accounting business or healthcare administration preferred.
- 2 years of experience in healthcare cash posting accounts receivable or revenue cycle operations.
- Experience in a hospital setting or large provider clinic group strongly preferred.
- Familiarity with EOBs ERA files lockbox systems and hospital billing procedures.
- Proficiency with EMR and patient accounting systems (e.g. EPIC Cerner Meditech).
- Strong analytical skills attention to detail and the ability to identify and resolve payment discrepancies.
- Knowledge of healthcare compliance regulations related to refunds credit balances and cash handling.
Required Experience:
IC
Employment Type
Full-Time
