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Cash Application Specialist
$36k-48k (estimate)
Full Time 1 Week Ago
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EyeCare Service Partners is Hiring a Remote Cash Application Specialist

Overview

Eyecare Services Partners is searching for a skilled, full time Remote Cash Application Specialist. Great work hours, no weekends, no late evenings, no major holidays, a robust benefits package, a team oriented working environment where you are heard and respected as well as clear, attainable career ladder opportunities.

Our Top Candidates will bring at least one year of cash posting experience in ophthalmology billing or other medical specialty and possess a working knowledge of Nextgen.

EyeCare Services Partners (ESP) is creating the nation’s leading eyecare services company in both quality and scale by consolidating ophthalmologic and optometric practices and ambulatory surgery centers that are locally dominant and clinically differentiated. Eyecare Services Partners selects best-in-class Ophthalmic and Optometric practices that are focused on essential eye health issues. Our practice groups excel in the utilization of advanced technology and processes to provide safe and optimal outcomes for our practices. ESP and our associated practices represent a community of dedicated leaders, compassionate providers and surgeons, plus highly skilled clinical teams supporting communities and their eye care needs.

All of us at Eyecare Services Partners are committed to inclusion and belonging. We believe today more than ever that creating an environment where everyone can bring their authentic selves to work and make it easy for others to do the same will benefit us all. It isn’t speaking the words, but starts with a culture of caring, listening and service. We would thoroughly enjoy meeting with you and discussing our employment opportunities. For more information, please visit our webpage at espmgmt.com.

The Cash Application Specialist is responsible for manually reviewing all remittances from patients and payors as well as posting payments, adjustments, and denials from insurance companies, patients, and government agencies.

Responsibilities

  • Manually enter remittances if electronic remittance advice (ERA) is unavailable or not applicable to the payor
  • Complete registration on all essential payor portals and submit the necessary verification documents for access
  • Retrieve and post remittances from payor websites
  • Review remittances for applicable adjustments, transfers to the managed service provider, or patient transfers
  • Accurately post all payments within 24 hours of receipt
  • Maintain acceptable error rate as per communicated department goals
  • Investigate unidentified payments to determine the appropriate resolution
  • Keep all logs and spreadsheets used for reconciliation up to date and well maintained
  • Balance daily, weekly, and monthly bank deposit reports
  • Respond to all questions and inquiries regarding the posting of payments
  • Partner with billing managers to resolve any discrepancies
  • Post refund checks issued by the accounting department for over-payments
  • Identify patterns and trends that indicate a potential issue and notify manager

Qualifications

  • High School Graduate or General Education Degree (GED)
  • Associate’s degree
  • Three years of professional medical billing and collecting experience, or certification obtained from a nationally accredited billing program, i.e., CMBS (Certified Medical Billing Specialist)
  • Two years of payment/cash posting experience in optometry and ophthalmology
  • Knowledge of payor contracts and explanation of benefits (EOB)
  • Experience working in a clearinghouse
  • Experience with Excel and Windows-based programs
  • Basic understanding of accounting and math skills
  • Prefer experience with NextGen PM/EHR
  • Prefer two or more years of optometry and ophthalmology third-party billing guidelines and expertise

In Turn We Will Offer:

  • Benefits to full time team members that include comprehensive medical, dental and optical coverage, 401K and short and long term disability
  • Company paid life insurance
  • Paid holidays and generous paid time off
  • Paid parking where applicable
  • Team oriented working environment where you are heard and respected
  • Clear career ladder opportunities

To learn more about us, please visit: www.espmgmt.com

#ESP2

Job Summary

JOB TYPE

Full Time

SALARY

$36k-48k (estimate)

POST DATE

04/18/2024

EXPIRATION DATE

04/23/2024

Show more

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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.

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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.

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