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Cash Application Specialist

3 months ago

Dallas, Texas, United States Enhabit Home Health & Hospice Full time

Overview:

We are seeking an experienced Cash Application Specialist to join our team in Dallas, TX. As a vital member of our finance team, you will be responsible for overseeing cash applications and payment posting processes across multiple states and locations. Your expertise will ensure the accuracy and integrity of our financial transactions, contributing to the overall success of our organization.

Location: 6688 N. Central Expressway, Dallas, TX 75206

Hybrid eligible: Once fully trained, this position can work remotely 2-3 days per week, preferably Wednesday-Friday.

Responsibilities:
  • Review and interpret insurance EOBs and remittance advices
  • Post and reconcile ERA, EFT, cash, credit card, and check payments
  • Record all payments corresponding to the bank statement weekly
  • Ensure allowances, adjustments, and write offs are posted correctly
  • Investigate unidentified cash and resolve misdirected payments and recoupments
  • Research all remits corresponding to assigned company payments in Waystar
  • Balance daily posting batches to ensure accuracy and reconciliation
  • Maintain accurate Excel spreadsheet at the end of the month for assigned imported Medicare Payments
  • Scan EOBs and checks into software system
Qualifications:
  • High school diploma or equivalent is required. Associates or Bachelor's degree in Accounting, Finance, or related field is preferred.
  • Strong understanding of healthcare billing and payment processes.
  • 1 year of experience in payment posting is preferred.
  • Ability to read and interpret remittance advices and explanation of benefits is preferred.
  • Proficiency in Microsoft Excel and other accounting software.
  • Excellent analytical skills with a keen attention to detail.
  • Effective communication and interpersonal skills, with the ability to collaborate with cross-functional teams.
  • Knowledge of regulatory requirements and compliance standards in the healthcare industry preferred.
Additional Information:

At Enhabit, we firmly believe our people are our greatest asset Enhabit offers competitive benefits that support and promote healthy lifestyle choices. Some benefits, tools and resources include:

  • Comprehensive insurance plans - medical, dental, and vision
  • Generous paid time off Up to 30 paid days off per year
  • 401k retirement savings plan with match
  • Basic life insurance at no cost to eligible employees
  • Employee scholarship program
  • Promote-from-within philosophy

Enhabit Home Health & Hospice is an equal opportunity employer. We work to promote differences in a collaborative and respectful manner. We are committed to a work environment that supports, encourages and motivates all individuals without discrimination on the basis of race, color, religion, sex (including pregnancy or related medical conditions), sexual orientation, gender identity, marital status, age, disability, national or ethnic origin, military service status, citizenship, genetic information, or other protected characteristic. At Enhabit, we celebrate and embrace the special differences that makes our community extraordinary.