[Hiring] Cash Posting Specialist @Ovation Healthcare

Role Description

The Cash Posting Specialist is responsible for ensuring that all aspects of manual and electronic payments are accurately applied and reconciled within a timely manner.

Duties and Responsibilities

• Payment posting manual/Electronic (ERA’s) patient and insurance payments, adjustments, and/or denials
• Locate remittances & payments in various portals &/or clearinghouse
• Read and interpret EOB’s
• Apply copay/coinsurance and deductible balances to patient responsibility
• Review of patient account balances as needed to determine posting accuracy
• Perform payment deposit downloads and bank reconciliations
• Daily cash reconciliation and reporting
• Research and resolve unapplied accounts
• Flexibility to cross train/assist with training/cover for other team members and/or with other projects as needed
• Identify and report on trends/issues
• Prepare, reconcile and complete the local bank deposits for mail patient/insurance/accounting payments & other hospital/clinic departments (does not apply to home-based candidates)
• Maintain/reconcile petty cash funds, process point of service patient payments (does not apply to home-based candidates)
• Post monthly agency payment reports
• Work to resolve unidentified deposits
• Work posting issue work queues

Qualifications

• 10 key calculator skills preferred
• Ability to read, speak, and write fluent English
• Data entry experience
• Familiarity with computers (MS/Excel applications). Basic to intermediate Excel skills preferred
• Requires developed communication skills to effectively work with all levels of management, peers and clients
• Possesses excellent written and verbal communications
• Ability to work as a team member, creating and maintaining effective working relationships
• Must adapt and demonstrate the ability to work independently in a quiet, dedicated workspace from home in a fast-paced, changing and goal-oriented environment
• Must be detail oriented, a strong multi-tasker, resourceful and possess the ability to apply critical thinking skills to make good and independent decisions
• Candidate must exhibit excellent time management organizational skills

Requirements

• Minimum of 3-5 years (preferred) prior direct cash handling experience in healthcare setting
• High school diploma or GED equivalent required
• Home-Based (remote) position requires a reliable high speed internet connection
• 100% Remote Role

Benefits

• The base compensation range for this position is: $40,994.80 - $61,492.20
• Compensation ranges could be hourly or salary depending upon the exempt status of the posted position
• Beginning compensation is determined based on objective factors such as location, qualifications, skills, certifications, and experience
• Typically, a candidate is hired in the lower to midpoint of the range; the top end of the range is reserved for candidates with extensive specialized experience and mastery within the role
• Compensation may increase over time based on performance, experience, and tenure
• Compensation is only part of Ovation's total compensation package
• Some additional benefits offered to full-time associates are:
• Comprehensive health and wellness benefits such as medical, dental, vision, life insurance, short and long-term disability coverage
• HSA with employer contributions, flexible spending accounts for health care, and dependent care accounts
• Wellness platform with premium incentives
• Employee assistance support and additional voluntary supplemental plans including accident, critical illness, hospital indemnity, and child disability insurance
• Robust and flexible paid time off offerings and company paid holidays
• 401(k) plan with discretionary employer match opportunities
• Professional development opportunities
• Company issued equipment