Cash Application Specialist

1 week ago

Owings Mills, MD, United States LifeBridge Health Full time
Summary

Who We Are:

LifeBridge Health is a dynamic, purpose-driven health system redefining care delivery across the mid-Atlantic and beyond, anchored by our mission to "improve the health of people in the communities we serve." Join us to advance health access, elevate patient experiences, and contribute to a system that values bold ideas and community-centered care.

About the Role:

The Cash Applications Specialist is responsible for a variety of tasks within the Treasury Department to include reconciliation of cash receipts through the lockboxes, payment posting, correspondence sorting and distribution and credit balance resolution. Additional responsibilities may include general ledger receipts and reconciliation, inter-company transfers, and scanning/indexing/document imaging.

KEY RESPONSIBILITIES:
  • Perform lockbox processing.
  • Reconcile bank deposits or inter-company transfers.
  • Process credit card payments.
  • Prepare payment posting batches.
  • Post cash receipts to patient accounts.
  • Post insurance denials using the denial code(s) identified on the Explanation of Benefits.
  • Sort and distribute correspondence.
  • Scan and index documents into the document imaging system.
  • Resolve credit balances on patient accounts.
  • Post all payments and reconcile prior to month-end to include credit card payments, manual posting and electronic posting of insurance and patient payments.
REQUIREMENTS:
  • Education: Associate's degree preferred
  • Experience: 3-5 years of experience


Additional Information

What We Offer:

Impact: Join a team that values innovation and outcomes, delivering life-saving care to our youngest and most vulnerable patients.

Growth : Opportunities for professional development, including tuition reimbursement and developing foundational skills for neonatal critical care leadership and advanced certification.

Support: A culture of collaboration with resources like unit-based practice councils and advanced clinical education support - improving both workflow efficiency and patient outcomes and allowing you to work at the top of your license.

Benefits : Competitive compensation (additional compensation such as overtime, shift differentials, premium pay, and bonuses may apply depending on job), comprehensive health plans, free parking, and wellness programs.

Why LifeBridge Health?

With over 14,000 employees, 130 care locations, and two million annual patient encounters, we combine strategic growth, innovation, and deep community commitment to deliver exceptional care anchored by five leading centers in the Baltimore region: Sinai Hospital of Baltimore, Grace Medical Center, Northwest Hospital, Carroll Hospital, and Levindale Hebrew Geriatric Center and Hospital.

Our organization thrives on a culture of CARE BRAVELY-where compassion, courage, and urgency drive every decision, empowering teams to shape the future of healthcare.

LifeBridge Health complies with applicable Federal civil rights laws and does not discriminate on the basis of race, color, national origin, age, disability, sex or sexual orientation and gender identity/expression. LifeBridge Health does not exclude people or treat them differently because of race, color, national origin, age, disability, sex or sexual orientation and gender identity/expression.

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