Cash Applications Specialist

3 weeks ago


Baltimore, United States Healing Partners Full time

Healing Partners is a rapidly growing wound care management company based in the Mid-Atlantic region currently hiring a Cash Applications Specialist. Reporting directly to the Revenue Cycle Manager, the Cash Applications Specialist will assist with revenue and billing operations within their scope.
Primary Duties and Responsibilities
Post deposits and other transactions associated with remittance advice from payers.
Review credit balances for possible distribution to other debit balances.
Ensure all validated Government payer refunds are processed in a timely manner or within the payer guidelines.
Ensure that proper documentation is attached to all refund requests.
Ensure all incoming refund requests are processed in a timely manner.
Reconcile refund postings.
Validate payment posting to deposit register.
Notify the Revenue Cycle Manager of any trends identified in workflows that are creating credit balances.
Identify areas for improvement, recommend solutions and assist in developing workflow efficiencies.
Education & Experience
High School Diploma or equivalent
1 year of healthcare payment posting and refund experience
Qualifications
Knowledge of Medicare, Medicaid and Managed Care billing and reimbursement guidelines
Detail oriented, problem solver/analytical, flexible and self-motivated
Proficiency with Microsoft (Outlook, Office Word, and Excel)
Organized, ability to multi-task in a fast-paced environment
Works well independently and in a team setting

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