Cash Application Specialist

Cash Application Specialist

At Polaris Pharmacy Services, we're more than a pharmacy we're a dedicated partner in care, transforming how patients experience long-term, post-acute, correctional, PACE, and specialty pharmacy services. As industry leaders, we're raising the bar for quality and coordination across all sites of care, ensuring every patient receives seamless, compassionate, and expert support.

Founded in 2015, Polaris is proud to be locally and independently owned, with a growing national footprint. Our team thrives in a mission-driven environment where innovation meets purpose, and every role contributes to making a real impact. We offer more than just a job we provide competitive pay, robust benefits, and genuine opportunities for career advancement.

If you're passionate about shaping the future of pharmacy and making a difference in the lives of those who need it most, we invite you to grow with us.

Job Summary:

The Cash Application Specialist is responsible for working in conjunction with the accounting department to ensure daily deposits are posted to the system in a timely, organized, and accurate manner. They will also be responsible for keeping up to date on daily deposits by not being more than two days behind on average for posting daily deposits.

Duties/Responsibilities:

• Reconcile and research outstanding cash, 835, 3rd party posting, 3rd party aging, and private pay
• Balance bulk payments from all payor classes to patient accounts and 3rd parties
• Run credit card transactions process
• Run reports for posting and reconciling payments and credit card charges
• Reconcile zero balance EOB's - When insurance companies recoup/pay in bulk and no payment is received
• Note patient accounts when needed
• Follow all applicable government regulations including HIPAA
• Comply with departmental policies regarding safety, attendance, and dress code
• Review end of month aging to ensure cash posting accuracy
• Answer telephone calls to take payments from customers
• Other duties as assigned by Department Manager

Qualifications/Competencies:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Required Skills/Abilities:

• Able to read, write, speak, and understand the English language
• Able to work in a fast-paced environment
• Basic computer knowledge skills required
• Basic math and analytical skills
• Proficient in Microsoft Word, Excel, and Outlook required
• Customer Service
• Results-oriented
• Good organization/Attention to detail
• Able to work at a moderate speed
• Able to work during inclement weather
• Reliable
• Problem solver
• Able to work various shifts and days
• Adaptability to an ever-changing environment

Education and/or Experience:

• High School diploma or equivalent required
• Framework LTC & General computer knowledge & 10-key Number Entry preferred
• Knowledge of Sage preferred
• Previous pharmacy experience preferred (one or more years of long-term care experience preferred)

Physical Demands:

The physical demands described here are representative of those that should be met by an employee to successfully perform the essential functions of this job:

• May sit or stand seven (7) to ten (10) hours per day
• The employee is occasionally required to sit; climb or balance; and stoop, kneel, bend, walk
• May be necessary to work extended hours as needed
• May lift and/or move up to 30 pounds
• The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this role

Holiday & PTO Policy:

• Paid holidays are provided annually, with 6 days offered each year, along with 5 sick days.
• Employees earn up to 10 PTO days each year, with rollover options and milestone bonuses.
• Employees have the option to cash out up to 10 PTO hours each quarter for added financial flexibility.

Please note, because we are a pharmacy most of our locations are open 24-hours a day, 7 days a week and therefore schedules may change as determined by the needs of the business.

Benefits for Full Time Employees:

• Medical, Dental, and Vision insurance
• 401 (k) (available for Part Time & Full Time EEs)
• Company Paid Life insurance
• Short-term and Long-term disability insurance
• Tuition reimbursement
• Personal Time Off (PTO)
• Competitive pay with annual performance reviews and merit-based raises
• Career growth potential
• Annual on-site voluntary Flu Vaccines
• Employee referral bonus program