Job Title: Cash Posting Specialist
Department: Reimbursement
Reports To: Team Leader
FLSA Status: Non-Exempt

Position Summary: The Cash Posting Specialist has responsibilities in the following aspects of AR: Post payments to accounts accurately, efficiently and timely through manual and ERN posting methods; complete adjustments; resolve remit issues to ensure ability to accurately post payments

Responsibilities and Duties:

  • Post all incoming electronic and paper payments to correct accounts. Methods include both manual posting and ERN processing.
  • Identify accuracy of payments per payer contracts/fee schedules, process contractual adjustments when appropriate, and code invoice for remaining balance when short-paid.
  • Review ERN error report to make any necessary changes to automatic posting of payments.
  • Process cash correction transactions and A/R transfer transactions when appropriate.
  • Code claim denials to invoices utilizing the ANSI Adjustment Reason Code format established by CMS.
  • Review and resolve credit balances by determining the nature of the credit. Notify insurance appropriately of confirmed overpayments. Request offsets or refunds as appropriate. Process refund requests from payers.
  • Track all refund activity through account notation and additionally track all refunds by check on a spreadsheet.
  • Assist with month end close as needed.
  • All cash received is expected to be posted by month end: working overtime, weekends and/or holidays may be requested or, if absolutely necessary, mandated in order to accomplish this goal.

Qualifications:
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.

Education:

  • High school diploma or equivalent

Experience/Knowledge:

  • One-year healthcare AR or financial experience or equivalent education.
  • DME experience preferred.
  • Microsoft Office software.
  • Detail oriented.

Job Relationship:
Reports to: Team Leader

Physical Requirement:

  • May occasionally lift or move up to 30 pounds.
  • Ability to reach, bend, carry, hear, read and write.
  • Manual dexterity with fine hand coordination.

To apply, please send your resume to hr@chcsolutions.com and state the position you are applying for in the email subject line.