Cash Posting Specialist - Accounting - Temporary Employment 8 Hours Day

ESSENTIAL JOB FUNCTIONS AND CORE RESPONSIBILITIES

• Accurately post third-party payments and denials within department mandated time frames.
• Understand Explanation of Benefits, Remittance Advices, and other insurance correspondence.
• Ability to read and understand retractions and forwarding balances.
• Pull EOBs from the various websites.
• Auto post process, create and assign batches.
• Use programmable telephone to answer and process calls.
• Working knowledge of the various insurance plans offered by both government and commercial insurances, including HMO, PPO, POS, and indemnity plans.

• Identify ways and initiate processes that work towards improving service levels to both internal and external customers.
• Actively participate in process and service improvement activities.
• Validate patient payments collected by clinics for prompt posting.
• Analyze third-party payments and denials for appropriateness.
• Raise concerns and/or questions in a timely manner so that further reimbursement analysis may be initiated.
• Maintain accurate, clear, concise, and complete account notes and other relevant information.
• Identify, resolve and escalate major issues and suggest potential improvements.
• Resolve any edits and report issues timely and accurately.
• Provide back-up support to other duties as requested.
• Attend and actively participate in various meetings as requested.
• Provide other general clerical tasks including, but not limited to copying, faxing, and filing.

Job Requirement:

Education

Minimum (Required)

High School Diploma or GED required

Preferred (Not required)

Work Experience

Minimum (Required)

2-year revenue cycle, banking, or finance