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Position Summary
We are looking for clever, resourceful, and unrelenting individuals at the entry level ready to brave the rapidly changing landscape of healthcare receivables to contribute to our Healthcare Services Billing department.
The Cash Applications Specialist will be responsible for leading cash application functions. The ideal candidate will demonstrate excellent communication skills, and strong organizational skills with attention to detail.
Job Responsibilities
Experience with posting payments from explanation of benefits (EOB’S).
Assures all monthly, weekly and daily deadlines are met in the cash applications process.
Complies with established company criteria for accuracy of cash application.
Balancing to entries posted in ledger.
Prepares and reconciles bank deposit.
Identifies and resolves credit balance accounts.
Utilizes relevant aspects of various coding systems as directed including HIPAA standard Remit, Reject, HCPCS, CPT, ICD-9.
Prepares various cash application spreadsheets, reports and statistics.
Research and resolve refund and electronic posting issues, identified by AR teammates.
Researches and prepares refund request form.
Identifies and coordinates remittance issues with accounts receivable departmental staff.
Special projects as assigned.
Other duties as assigned.
Required Qualifications
High School diploma or equivalent required.
Proficient in Microsoft Office Suite, specifically Word, Excel, Outlook, and general working knowledge of Internet for business use.
Conditions of Employment : Individuals must successfully complete pre-employment process, which includes criminal background check, drug screening, and reference verification.
Preferred Qualifications
Bachelor’s degree preferred.
Physical Demands
Must possess ability to sit, stand, and / or work at a computer for long periods of time.
May have exposure to blood-borne pathogens, extreme temperatures, high noise levels, fumes and bio-hazardous material / chemicals including formalin in the lab environment.
Occasional lifting of items up to 35 lbs. is required when installing some IT equipment.
Training
All job specific, safety, and compliance training are assigned based on the job functions associated with this employee.
Other
This is a full-time position and hours will be within the 8-5 timeframe; Monday-Friday.
This job description reflects management’s assignment of essential functions. Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time.
Caris Life Sciences is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, gender, gender identity, sexual orientation, age, status as a protected veteran, among other things, or status as a qualified individual with disability.
Last updated : 2024-05-21
Full Time
Consumer Services
$35k-47k (estimate)
05/23/2024
05/30/2024
carislifesciences.com
MIAMI, FL
200 - 500
1996
Private
$50M - $200M
Consumer Services
Caris is a Texas-based life sciences company that provides molecular profiling, DNA sequencing, biomarker analysis and related solutions to cancer patients and oncologists.
The job skills required for Cash application specialist include Communication Skills, Billing, Microsoft Office, etc. Having related job skills and expertise will give you an advantage when applying to be a Cash application specialist. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Cash application specialist. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Cash application specialist positions, which can be used as a reference in future career path planning. As a Cash application specialist, it can be promoted into senior positions as a Bookkeeper, Sr. that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Cash application specialist. You can explore the career advancement for a Cash application specialist below and select your interested title to get hiring information.
If you are interested in becoming a Cash Application Specialist, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Cash Application Specialist for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Cash Application Specialist job description and responsibilities
A cash applications specialist is responsible for the accounts receivable processes for a business or client.
02/27/2022: Lompoc, CA
Deal with payments and apply them to the correct customer accounts.
03/12/2022: Portsmouth, NH
a cash applications specialist are to manually review all remittance from customers or clients, and match the payments to the appropriate invoices to make sure payment has been received.
04/01/2022: York, PA
Process and reconcile account receivables and remittances.
03/27/2022: San Bernardino, CA
create regular reports to accurately track financial information.
05/05/2022: High Point, NC
Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Cash Application Specialist jobs
Good Customer service skills.
04/12/2022: Poughkeepsie, NY
experience with accounting software..
03/14/2022: Fort Lauderdale, FL
Strong organizational skills to process high volume of cash application on a timely basis.
03/10/2022: Provo, UT
Good knowledge and understanding of Cash Applications processes within specific area of expertise.
04/25/2022: Rock Island, IL
attention to detail..
04/17/2022: Modesto, CA
Step 3: View the best colleges and universities for Cash Application Specialist.