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Cash Applications Specialist Healthcare

Overview

Job Summary 

The Payment Posting Specialist is responsible for accurately posting patient and insurance payments to patient accounts. 

Responsibilities

Essential Job Duties and Responsibilities 

  • Posting patient and insurance payments to patient accounts with a high degree of accuracy in a high-volume, time-sensitive work environment. 
  • Handle additional payment-related functions as necessary. 
  • Retrieve checks by payer on electronic and enter payments into billing software. 
  • Follow internal payer protocols and posting guidelines relating to payer fee schedules. 
  • Run and analyze balancing report to insure accurate posting. 
  • Meet monthly post goals and closing deadlines. 
  • Participate in proactive team efforts to achieve departmental and company goals. 
  • Able to build billing spread sheets in Microsoft Excel. 
  • Other duties as assigned 

Qualifications

Education and/or Experience 

  • High School degree or equivalent 
  • 2 years of related experience preferred 

Skills/Specialized Knowledge 

  • Excellent communicator. 
  • Knowledge of health insurance. 
  • Experience working with Electronic Response Admittance’s (ERAs) and Explanation of Benefits (EOB). 
  • Organized and able to focus. 
  • Identify account problems along with trends and patterns. 
  • Able to promptly learn and utilize our system 

Other Requirements 

  • Must maintain professional appearance.  
  • Ability to be at work on a regular and consistent basis 

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