New

Cash Applications/Reimbursement Specialist (Per Diem)

MedStar Health
United States, Maryland, Baltimore
Jan 15, 2025
General Summary of Position MedStar Health currently has opportunity for a PRN Cash Applications/Reimbursement Specialist to join our Patient Accounting Cash Applications team.This is a remote PRN (Per Diem) position that offers a DAY SHIFT schedule, up to 20 hours per week (Monday - Friday schedule - ideal hours are 10am - 2pm). We are specifically looking for candidates who have experience with healthcare cash posting, account reconciliation and the ability to read & interpret an Explanation of Benefits. Job Summary:Receives, reviews, and posts batches of payments, electronically or manually, for MedStar Health entities, ensuring accuracy in the posting of the receipts, payments and contractual allowances. Payments must be processed within department set standards from time of deposit. More About the Cash Applications Team:The Cash Applications Team is responsible for the manual posting of payments received through the Cashpro lockbox process, live checks and credit cards and for the electronic posting of payments which are transmitted directly to the system and require minimal manual intervention. The department also downloads EFTs from Aurora, MedAssets and AdvancedMD to post electronic payments for the 10 MedStar Health hospitals and all Ambulatory sites. Job Summary:Receives, reviews, and posts batches of payments, electronically or manually, for MedStar Health entities, ensuring accuracy in the posting of the receipts, payments and contractual allowances. Payments must be processed within department set standards from time of deposit. Primary Duties and Responsibilities Accesses the Cash Pro system daily to create lockbox balancing reports and to access images to post payments. Associates are required to access either Cash Pro, AdvancedMD or McKesson in order to process all payment, adjustment or discounts to be posted in a paperless environment, using dual monitors to post screen to screen. Associates are responsible to review, and post all batches daily and to verify totals against system generated reports, and investigate all discrepancies to resolution. Creates and maintains Bank of America lockbox daily reports in excel, labeling and completely within the department standards. Attends training sessions and workshops offered, to include but not limited to, CRCS-I training, bulletin review, etc. Attends and successfully completes required Continuing Education Units (CEU) for the PFS Training Program. Completes annual mandatory training (SITEL) within defined time frame. Contributes to the achievement of established department and Patient Financial Services goals and objectives, and adheres to department policies, procedures, quality standards, and safety standards. Complies with governmental and accreditation regulations. Achieves established flash report benchmarks. Maintains daily performance benchmark standard as set forth by the department standards and policies and procedures for the Cash Applications Department. Maintains departmental QA standards within established error rate. Meets team specific benchmarks as it applies to payment Issues, unapplied and historical Accounts, daily balancing, correspondence, and 93/94 transfer request. Indexing all images received from Bank of America Lockbox Services to the appropriate document type and to the day folder. Ensures quality control reviews are conducted daily on all images being indexed to the day folder. Participates in PFS workgroups, staff meetings and work events. Performs other duties as assigned. Minimum Qualifications Education High School Diploma or GED equivalent required Experience 1-2 years Experience in accounting, banking, finance required Knowledge, Skills, and Abilities Excellent customer service skills. Ability to work independently with minimum supervision. Knowledge of medical terminology preferred. Excellent communication, analytical, interpersonal, and organizational skills. Proficient use of hospital registration and/or billing systems or equivalent finance systems, and Microsoft Word and Excel applications. Data entry and 10 key adding machine skills. Ability to type 35 WPM. This position has a hiring range of $18.33 - $31.61