Cash Posting Specialist

Solventum; Maplewood (NJ); Remote; USD 49,000 - 61,000; Full time

Job summary

A healthcare solutions provider is seeking a Cash Posting Specialist I to manage cash payments and collaborate with insurance companies. The candidate should have at least 5 years of relevant work experience in healthcare and a High School Diploma. This remote position offers competitive compensation ranging from $49,206 to $60,141 annually, along with various benefits.

Benefits

Competitive pay and benefits

Wellness programs

Qualifications

• Minimum of 5 years relevant work experience in healthcare.
• Possess a High School Diploma/GED from an accredited institution.

Responsibilities

• Posting of cash payments to patient accounts.
• Collaborating with insurance companies to resolve discrepancies.
• Analyzing explanation of benefits (EOB) for accuracy.

Skills

Fundamental problem-solving skills

Cash posting experience

Ability to enter data accurately

Ability to prioritize

Flexibility in work shifts

Basic accounting and finance skills

Knowledge of reading Explanation of Benefits

Fundamental Microsoft office skills

Education

High School Diploma/GED

Job description

Thank you for your interest in joining Solventum. Solventum is a new healthcare company with a long legacy of solving big challenges that improve lives and help healthcare professionals perform at their best.

At Solventum, people are at the heart of every innovation we pursue. Guided by empathy, insight, and clinical intelligence, we collaborate with the best minds in healthcare to address our customers' toughest challenges.

Job Description:

Cash Posting Specialist I (Solventum)

3M Health Care is now Solventum. At Solventum, we enable better, smarter, safer healthcare to improve lives. As a new company with a long legacy of creating breakthrough solutions for our customers' toughest challenges, we pioneer game-changing innovations at the intersection of health, material and data science that change patients' lives for the better while enabling healthcare professionals to perform at their best.

We partner closely with the brightest minds in healthcare to ensure that every solution we create melds the latest technology with compassion and empathy. Because at Solventum, we never stop solving for you.

The Impact You'll Make in this Role

As a Cash Posting Specialist I, you will have the opportunity to tap into your curiosity and collaborate with some of the most innovative and diverse people around the world. Here, you will make an impact by:

• Posting of cash payments, correspondence and audit letters to patient accounts within established SLA requirements
• Collaborating with insurance companies and internal departments to resolve discrepancies
• Analyzing explanation of benefits (EOB) for accuracy and identify trends or issues that require further investigation
• Obtaining missing explanation of benefits (EOB) for posting
• Creating correction batches for accurate posting
• Sorting and scanning correspondence batches for posting

Your Skills and Expertise

To set you up for success in this role from day one, Solventum requires (at a minimum) the following qualifications:

Possess a High School Diploma/GED or higher (completed and verified prior to start) from an accredited institution

AND

Minimum of (5) five years relevant work experience or experience in healthcare in a private, public, government or military environment

Additional qualifications that could help you succeed even further in this role include:

• Fundamental problem-solving skills
• Cash posting experience
• Ability to enter data accurately
• Ability to prioritize
• Flexibility in work shifts to meet department needs
• Ability to maintain confidentiality and discretion in business relationships and exercise sound business judgment
• Basic accounting and finance skills
• Knowledge of reading and understanding Explanation of Benefits
• Fundamental Microsoft office skills

Work location: Remote -United States

Travel: May include up to 10%(international/domestic)

Relocation Assistance: May be authorized

Must be legally authorized to work in country of employment without sponsorship for employment visa status (e.g., H1B status).

Supporting Your Well-being

Solventum offers many programs to help you live your best life - both physically and financially. To ensure competitive pay and benefits, Solventum regularly benchmarks with other companies that are comparable in size and scope.

Applicable to US Applicants Only:The expected compensation range for this position is $49,206 - $60,141, which includes base pay plus variable incentive pay, if eligible.

Solventum is an equal opportunity employer. Solventum will not discriminate against any applicant for employment on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or veteran status.