Cash Posting Associate

Cash Posting Associate

Job Summary

Knowledge of the various insurance payer’s, providing daily applications of cash processing and reconciliation of payments to the hospital accounts receivable. Review A / R to ensure all payments are posted correctly and appropriately.

Essential Functions

• Download electronic payments from Relay Health systems and the various Insurances Companies and post to Hospital Accounts Receivable
• Post checks received daily by mail to the hospital Accounts Receivable.
• Reconcile cash posting transactions to the Daily Cash Journal Report on a daily basis
• Investigate unidentified cash receipts and post to the appropriate accounts
• Accurately complete an Audit spreadsheet of all Cash posting transactions and forward to the designated departments
• Review EOB(Explanation of Benefits) and allowance the accounts accordingly
• Scan all remittance to the assigned vendors in a timely manner
• Perform Cash Posting an audit at the end of the day to ensure all activities from lock box, vouchers and Finance office are balanced.
• Process all payment through the electronic credit card machine and submit to Finance timely
• Scan, send and reconcile all Physician Payments daily
• Participate with quality management(Audit) as needed
• Attend training sessions as specified

Other Duties

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.

Minimum Education / Certifications

High School Diploma Required.

Knowledge of Patient Accounts Billing terminology

Knowledge of Microsoft Excel and calculator functionalities

Good communication and customer service skills are a must.

Minimum Work Experience

Prior experience working in a Hospital Billing Department or Collection Agency would be helpful.

Working Conditions

Typical office setting requires sitting, writing and the ability to use office equipment such as computers, calculators, telephone, fax machine and copier. Limited lifting is required. Requires attention to detail and full concentration to assure accuracy.

PI94bf9af3be2b-30511-39301156