Cash Poster

DESCRIPTION OF POSITON

This job description is a record of the essential functions of the listed job. The job description provides the employee, CEO, Human Resources, applicants, and other agencies with a clear understanding of the job, where it fits into the organization, and the skill and work requirements in relation to other jobs. Jobs are always changing to some degree and the existence of the approved job description is not intended to limit normal change and growth. The facility will make reasonable accommodations to otherwise qualified individuals who are capable of performing the essential functions of the job with or without reasonable accommodation.

POPULATION SERVED

The position does not involve direct patient care for a population of patients ages 18 and older. Age specific experience and/or special training and/or expertise are not required to serve this population.

POSITION SUMMARY

Under general supervision of the CFO and/or Business Office Manager, the Cash Poster is responsible for the posting of line item insurance payments and patient payments into the billing system, posting of declines, charge corrections, and preparation of daily deposits and reconciliation/audit of posted transactions.

POSITION QUALIFICATIONS

Two (2) years of payment posting and medical billing experience required. 3 or more years of experience in a hospital or centralized business office environment required. Must have intermediate knowledge of collections industry laws, regulations and processes. Must have strong negotiation skills. Must have basic computer skills. Ability to maintain the highest level of confidentiality. Ability to maintain accuracy, perform routine mathematical calculations, and approach problems/decision analytically. Excellent interpersonal, written and oral communication skills. Ability to work in a team fostered environment. Ability to multi-task, prioritize and organize work. Ability to adapt to a flexible schedule. Experience working within a multi-facility hospital business office environment preferred. General hospital accounts receivable accounts knowledge is required. College education, previous insurance company claims experience and/or health care billing trade school education may be considered in lieu of formal hospital experience. Knowledge of insurance payment processing and able to read EOBs.

DUTIES AND RESPONSIBILITIES

• Posts payments and adjustments exceptions from an electronic file, and ensures each batch is balanced daily.
• Posts payment and adjustments from bank lock-box and ensures each batch is balanced daily.
• Posts other types of payment and adjustments from collection agency, interoffice transfers, time of service and credit card payments.
• Reviews Explanation of Benefits and 835 payment files to assure proper payment and adjustment has been received.
• Verifies appropriate financial classification status is loaded into registration.
• Log payments to daily cash log.
• Daily/Weekly/Monthly/ Quarterly/ Semi-Annual Cash Reconciliation duties as assigned.
• Performs other duties as assigned.
• Perform other duties as assigned by management.