Medical Cash Applications

Oak Brook, IL | $42K | Job ID: 61743

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Job Description

Our client is looking for an Medical Cash Applications to post payments and adjustments to appropriate payor accounts, and perform daily reconciliation to ensure all cash and lock box deposits are reconciled.

Medical Cash Applications Responsibilities:

  • Post cash collections in an efficient and timely manner and in accordance with department goals, principles and company policies. 
  • Work with Collection team to accurately post payments as required.
  • Follow up and resolve any discrepancy between the accounts receivable balance and cash received.
  • Monitor patient accounts and application of co-pay and deductible payments
  • Investigate payor payments by referencing appropriate fee schedules
  • Documenting, receiving approval for and processing write-offs, adjustments, reversals and transfers weekly.
  • Maintain and tracking cash spreadsheets
  • Monitor and tracking refunds and credit balances.
  • Research and handle missing payment, limited to notification of payment EOB’s received from payors. 
  • Answer questions about specific payment postings.


Medical Cash Applications Requirements:

  • High school diploma or equivalent required
  • Minimum of 2 years of experience  in Cash Applications, Payment Posting and Accounts Receivable preferably in healthcare
  • In depth knowledge of two billing accounts receivable management systems

If you are interested and qualified please apply today!

Best,

Lauren Kasprzak

Healthcare Revenue Cycle

630-472-1700

 

Keywords: cash application, payment posting, posting payments, dso, collections, accounts, claims, eob, review, discrepancy, medical payment posting, medical cash applications, 

 

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