Cash Applications Specialist
Cash Applications Specialist
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Job Description
InfuCare Rxis a leading home infusion provider accredited by URAC and ACHC offering a specialized approach to caring for patients in need of IV therapy and specialty pharmacy services in the homecare setting. We have created an ethical team oriented and quality work environment for our employees that cultivates achievement and success.
Job Summary:
The Cash Applications Specialist is the lead responsible for posting all incoming payments to correct patient accounts on a daily basis. Inputs and retrieves data from computer systems. Reconciles accounts daily. Applies payments to patient accounts accurately and efficiently. We are seeking a candidate with experience in medical payment posting. We are looking for someone who is eager to learn in a growing company.
Essential Job Functions:
- Post payments and make adjustments accurately based on contracted rates and patients individual health plans.
- Retrieve payments from various provider portals.
- Review electronic remittance advice posting (where applicable) for proper application to system records.
- Adjust system reported Accounts Receivables (AR) balances to third-party EOBs through the payment posting process.
- Read and interpret third-party explanation of benefits (EOB).
- Receive and complete requests from team members regarding missing checks and inaccurate postings.
- Work with the Accounting Department to complete the month-end reconciliation process.
- Report payment discrepancies.
- Track and research unapplied cash and escalate to management as necessary.
- other duties as assigned under job duties/responsibilities
Required Skills:
- General knowledge of major medical insurance practices and carriers.
- Must be able to use critical thinking to problem solve on a regular basis.
- Ability to work independently but also follow oral and written instructions.
- Time Management skills
- Capable of meeting deadlines with little to no supervision.
- Comply with and adhere to all regulatory compliance areas policies and procedures.
- Establish and maintain effective working relationships and communicate clearly with other departments patients and insurance companies.
Experience:
- High School Diploma or GED required.
- College degree or Accounting experience preferred.
- 3 years posting experience in a medical setting required.
- Working knowledge of debits and credits required.
- Experience in reading and interpreting explanation of benefits (EOB) from various insurances required.
- Proficiency with Microsoft Office (Microsoft Word Excel and Outlook) required.
- Electronic payment posting experience preferred.
Physical Demands:
Required to stand walk sit talk and hear; required to use hands to operate vehicles and office equipment;must be able to occasionally lift and/or move up to 25lbs; specific vision requirements for this job include: close distance and peripheral vision and the ability to adjust focus reasonable accommodationsmaybe made to enable individuals with disabilities to perform the essential functions of this position without compromising patient care.
InfuCare Rx is an equal opportunity employer. All employment decisions are made without regard to race color religion national origin military status marital status citizenship/immigration status sex (including pregnancy and relation conditions sexual orientation or gender identity) age (40 and older) disability genetic information (including employer requests for or purchase use or disclosure of genetic tests genetic services or family medical history) retaliation for filing a charge reasonably opposing discrimination or participating in a discrimination lawsuit investigation or proceeding. Background checks and drug screens are part of our hiring process. Affirmative Action/Equal Opportunity Employer Minority/Female/Disabled/Veteran.
Click here to view our Drug Testing Policy
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Employment Type
Full-Time
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