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Cash Posting Specialist

Company: HealthDrive Corporation
Location: Framingham
Posted on: June 6, 2021

Job Description:

Overview

HealthDrive delivers on-site dentistry, optometry, podiatry and audiology to residents in long-term care, skilled nursing and assisted living facilities. Each specialty offered by HealthDrive is one that directly impacts the quality of daily life for the deserving residents we serve. HealthDrive connects patients in need of vital healthcare to doctors committed to dignity and excellence.

We are seeking an experienced Cash Application Specialist responsible for accurately processing of incoming Electronic and manual payments/denials to charges at the procedure code level from all payment sources

Responsibilities

  • Handles daily download and processing of ERA files (Electronic Remittance Advice) from Claims clearinghouse and payer websites for auto-posting into billing system
  • Resolve ERA file edits which require manual intervention to complete processing of the payments / denials
  • Accurately manually post large volumes of payments to the correct charge / date of service at the procedure code level using the adjustment and remark reason codes as provided by the insurance plan
  • Meet daily productivity objectives for processing of pending cash receipts
  • Meet or exceed monthly / quarterly unapplied cash goal
  • Assist with research of unidentified EFT payments, contact insurance plans and utilize insurance plan websites to obtain information required to identify and post payments
  • Work professionally and cooperatively with facilities, responsible parties, insurance carriers and internal and external customers
  • Assist with other duties and/or projects in order to meet business needs / objectives

Qualifications

Education / Qualifications:

  • High school diploma required; Associate's degree preferred
  • Prefer 3-5 years' cash application experience in medical / healthcare setting posting Medicare, Medicaid, BCBS, Managed Care plans, Self Pay and Facility payments
  • Prior experience posting from Explanation of Benefits / Explanation of Payments (EOB's / EOP's) .
  • Candidate must have experience and knowledge of healthcare and medical terminology, including but not limited to: CPT, ICD10 codes and ASNI codes

Skills / Competencies:

  • Working knowledge of adjustment and denial reason codes from Electronic Remittance Advices (ERA files) and from paper Explanation of Benefits ( EOB's) / Explanation of Payments (EOP's)
  • Ability to manually process / post large volumes of payments with a high level of accuracy
  • Excellent interpersonal and communication skills, outgoing personality with a professional demeanor and positive attitude
  • Strong time management and organizational skills; ability to effectively multitask and meet deadlines
  • Excellent attention to detail with exceptional follow-up, problem-solving and analytical skills
  • Exhibit courteous, compassionate and respectful treatment of internal and external customers.
  • Self-motivated, quick learner who works well independently and, in a team setting
  • Strong work ethic with exemplary attendance record
  • Knowledge of HIPAA regulations and patient privacy rules
  • Strong computer skills, proficiency with Excel, Outlook and Word and Medical Billing Software
  • PLEASE APPLY HERE : https://careers-healthdrive.icims.com/jobs/8031/job *

Keywords: HealthDrive Corporation, Framingham , Cash Posting Specialist, Other , Framingham, Massachusetts

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