Cash Posting Specialist II
4 weeks ago
Millennium Health LLC is a leading specialty laboratory with a decade of experience in medication monitoring and drug testing services. Our mission is to provide objective information to healthcare professionals to monitor the use and misuse of prescription medications and illicit drugs.
Key Responsibilities- Accurately post manual and electronic cash batches, adjustments, and denials, and reconcile posted cash batches.
- Scan live checks via the bank remote deposit process and prepare daily WI deposit batches.
- Review remittance advices for accuracy to identify errors or questionable data.
- Research and resolve unapplied/unidentified cash receipts.
- Reconcile payments and shortages for both paper and electronic EOBs.
- Prepare Deposit Summary Sheets for each batch and balance to daily deposits.
- Assist with monthly close functions.
- Meet individual and team goals with minimal errors as assigned by the A/R Supervisor/Manager, upholding Medicare, Medicaid, and HIPAA compliance guidelines.
- Participate in educational activities and attend weekly staff meetings.
- Maintain strict confidentiality and adhere to all HIPAA guidelines/regulations.
- High School Diploma or GED
- Minimum two years of posting medical insurance payments experience
- Ability to read and understand different types of health insurance EOBs
- Effective communication and teamwork skills
- Ability to read, understand, and follow oral and written instructions
- Knowledge of computer programs and business office procedures
- Ability to operate a computer, 10-key by touch, and basic office equipment
- Well-organized and detail-oriented
- Ability to meet deadlines and goals in a high-volume, fast-paced environment
- Knowledge of cash accounting and accounts receivable process
- Flexibility to work overtime
- Medical, Dental, Vision, Disability Insurance
- 401k with Company Match
- Paid Time off and Holidays
- Tuition Assistance
- Behavioral and Health Care Resources
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