Cash Posting Supervisor - Hospital Revenue Cycle

US104 Guidehouse Managed Services LLC; San Marcos (CA); Hybrid; USD 74,000 - 124,000; Full time

Benefits offered by this job

Medical, Rx, Dental & Vision Insurance

Paid Holidays

401(k) Retirement Plan

Discretionary incentive bonus

Tuition Reimbursement

Professional development & learning

Employee referral program

Job summary

Guidehouse is seeking a Cash Posting Supervisor for a hybrid role in San Marcos, CA. You will oversee cash application functions, post payments and adjustments, and balance daily deposits while ensuring accuracy and regulatory compliance.

The role requires a Bachelor's or an Associate's degree with several years of healthcare accounts receivable experience, and the ability to manage multiple tasks in a fast-paced environment.

Qualifications

• Requires a Bachelor's Degree and a minimum of 5 years' experience, or an Associate's Degree with a minimum of 7 years' relevant experience.

Responsibilities

• Supervises and performs cash application functions for patient accounts, client accounts and general ledger.
• Posts payments and adjustments to patient and client accounts with accuracy.
• Ensures correct contractual adjustments are posted and batches all payments for posting.
• Balances daily deposits and control logs; posts electronic remittance from third party payers.
• Reconciles postings through research and adjustments; ensures separation of duties per audit procedures.

Education

Bachelor's Degree

Associates Degree

Job description

Job Family: PFS; General Travel Required: Up to 10%; Clearance Required: None

What You Will Do

This position is classified as a Hybrid schedule consisting of two days working in the San Marcos, CA office and three days working from home.

Position Summary

The Cash Posting Supervisor is knowledgeable in all aspects of payment processing and is capable of independently executing responsibilities. Also, is responsible for the on-line posting of all accounts receivable payments, balancing system, posting the daily deposit and preparing payment summary information for distribution to Accounting and Business Office Management. This position is responsible for the supervision of cash application specialists, cash/adjustment posting systems and cash/adjustment processes. Performs any and all related job duties as assigned. The Cash Posting Supervisor will also manage credit balance workloads and respond and follow-up on external and internal inquires in a timely manner.

Essential Job Functions

• Account Analyzing
• Account Reconciliation
• Cash Posting
• Cash Reconciliation
• Credit Balances
• Balancing Daily Deposits and Control Logs

Duties and Responsibilities

• Supervises and performs cash application functions relevant to patient financial services.
• Accurately identifies and posts payment and adjustment transactions to patient accounts, client accounts, and to the general ledger.
• Ensures correct contractual adjustment is posted to the patient’s or client’s account.
• Receives, identifies, and batches all over the counter payments for posting.
• Completes control log and balancing receipts for bank deposit.
• Analyzes and accurately reconciles and corrects account postings through research and / or adjustment.
• Balances control logs and daily deposits.
• Posts electronic remits from third party payers to the patient accounting system.
• Balances electronic funds transfer amount to electronic remit.
• Ensures appropriate separation of duties and complies with established audit procedures.
• Knowledgeable and complies with governmental regulations.

Client Responsibility

• Verify accuracy of all correspondence prior to sending to the client.
• Provide scheduled and requested reports.
• Ensure aging of accounts falls within client and company guidelines.
• Ensure compliance of all client policies and procedures by staff.
• Research and respond to all client and patient inquiries received by telephone and mail.
• Update patient demographic information and initiate account adjustments.
• Try to resolve account balances to zero prior to accounts being forwarded to an outside agency for collections.
• Ensure daily files are being received and posted.
• Ensure completion of client reconciliations to ensure account balance accuracy.

What You Will Need

Requires a Bachelor's Degree and a minimum 5 years' or an Associates Degree and a minimum 7 years' of prior relevant experience. (Relevant experience may be substituted for formal education or advanced degree). Previous experience within a healthcare provider, payor, insurance, professional business or an outsourcing company.

What Would Be Nice To Have

• Multiple systems experience
• Knowledge and utilization of desktop applications to include Word and Excel.
• Ability to initiate and follow through on projects and work independently.
• Strong written and verbal communication skills.
• PC skills in a Windows environment.

The annual salary range for this position is $74,000.00-$124,000.00. Compensation decisions depend on a wide range of factors, including but not limited to skill sets, experience and training, security clearances, licensure and certifications, and other business and organizational needs.

What We Offer

• Medical, Rx, Dental & Vision Insurance
• Personal and Family Sick Time & Company Paid Holidays
• Position may be eligible for a discretionary variable incentive bonus
• Parental Leave
• 401(k) Retirement Plan
• Basic Life & Supplemental Life
• Health Savings Account, Dental/Vision & Dependent Care
• Flexible Spending Accounts
• Short-Term & Long-Term Disability
• Tuition Reimbursement, Personal Development & Learning Opportunities
• Skills Development & Certifications
• Employee Referral Program
• Corporate Sponsored Events & Community Outreach
• Emergency Back-Up Childcare Program

Guidehouse is an Equal Opportunity Employer–Protected Veterans, Individuals with Disabilities or any other basis protected by law, ordinance, or regulation. Guidehouse will consider for employment qualified applicants with criminal histories in a manner consistent with the requirements of applicable law or ordinance including the Fair Chance Ordinance of Los Angeles and San Francisco. If you have visited our website for information about employment opportunities, or to apply for a position, and you require an accommodation, please contact Guidehouse Recruiting at 1-571-633-1711 or via email at [e-mail]. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodation. All communication regarding recruitment for a Guidehouse position will be sent from Guidehouse email domains including @guidehouse.com or [e-mail]. Correspondence received by an applicant from any other domain should be considered unauthorized and will not be honored by Guidehouse.

Guidehouse is a global AI-led professional services firm delivering advisory, technology, and managed services to the commercial and government sectors. With an integrated business technology approach, Guidehouse drives efficiency and resilience in the healthcare, financial services, energy, infrastructure, and national security markets. Built to help clients across industries outwit complexity, the firm brings together approximately 18,000 professionals to achieve lasting impact and shape a meaningful future. guidehouse.com