Cash Posting Specialist
About this role
Where Youβll Work
Inspired by faith. Driven by innovation. Powered by humankindness. CommonSpirit Health is building a healthier future for all through its integrated health services. As one of the nationβs largest nonprofit Catholic healthcare organizations, CommonSpirit Health delivers more than 20 million patient encounters annually through more than 2,300 clinics, care sites and 137 hospital-based locations, in addition to its home-based services and virtual care offerings. CommonSpirit has more than 157,000 employees, 45,000 nurses and 25,000 physicians and advanced practice providers across 24 states and contributes more than $4.2 billion annually in charity care, community benefits and unreimbursed government programs. Together with our patients, physicians, partners, and communities, we are creating a more just, equitable, and innovative healthcare delivery system.
Job Summary and Responsibilities
Responsible for the posting of all payments received, balancing to deposit and remittance advices. Posts adjustments, ensuring appropriate account reconciliation and resolution.
- Completes appropriate posting of payments to the accounts receivable and applies denials using the collection tool and policies and procedures to achieve department and hospital goals.
- Researches all overpayments and ensures batches balance with the remittances. β Ensures miscellaneous cash is posted to the correct GL numbers.
- Posts contractual agreement and other adjustments on a daily basis, ensuring appropriate account reconciliation and resolution.
- Maintains and facilitates communication within the business and clinical divisions. β Responds professionally and within appropriate timeframes to telephone, e-mail and task inquiries.
- Participates in staff meetings, performance improvement activities and committees as assigned. Utilizes Issues Log when necessary.
- Meets productivity standards for posting payments and denials in an effort to achieve claim resolution.
Job Requirements
Required
- High School Graduate General Studies,
- High School GED General Studies,Β
Preferred
- less than 1 year Six months of clerical experience in an office setting; hospital or clinic collection experience,
- Experience with insurance billing computer applications,
Frequently Asked Questions
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