Cash Application Specialist

1 month ago


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

Overview

We are seeking an experienced Cash Application Specialist to oversee 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.

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 spreadsheets at the end of the month for assigned imported Medicare Payments
  • Scan EOBs and checks into software systems

Qualifications

  • High school diploma or equivalent is required. Associate's or Bachelor's degree in Accounting, Finance, or a 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 is preferred.

Additional Information

At Enhabit Home Health & Hospice, we believe our people are our greatest asset. We offer competitive benefits that support and promote healthy lifestyle choices, including comprehensive insurance plans, generous paid time off, and a 401(k) retirement savings plan with a match.

Enhabit Home Health & Hospice is an equal opportunity employer, committed to promoting differences in a collaborative and respectful manner. We celebrate and embrace the special differences that make our community extraordinary.



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