Cash Receivable Specialist

Signature Performance, Inc.; United States; On-site; USD 30,000 - 33,000; Full time

Benefits offered by this job

Health Insurance

Fully Paid Life Insurance

Fully Paid Short- & Long-Term Disabil

Paid Vacation

Paid Holidays

Professional Development and Tuition

401(k) Program with Employer Match

Job summary

Signature Performance, Inc. is seeking a Cash Receivable Specialist to research and evaluate claims for proper reimbursement and to work with third party payers to maximize collections.

You will post payments from multiple sources, reconcile accounts, and review EOBs to understand payment details. The role requires attention to detail and strong communication in a fast-paced healthcare environment.

Qualifications

• 2+ years health care revenue cycle experience within a physician office, hospital or insurance plan claim processing unit
• Participate in revenue cycle training
• General knowledge of CPT/HCPCS and ICD.10 coding requirements
• Strong attention to detail with written and verbal communication skills
• Personal traits of high-level commitment, motivation, energy and integrity
• HIPAA confidentiality adherence

Responsibilities

• Processing Payments: posting payments from checks, electronic payments, and remittances into the billing system
• Reconciling Accounts: balancing cash reports and recording of collected cash
• Adjustments and refunds: processing refunds for overpayments and reconciling balances
• EOB Review: interpreting Explanations of Benefits
• Error Resolution: researching and correcting posting errors
• Reporting: generating reports on payment posting, reconciliation, and cash balancing
• Collaboration: working with billing and financial staff on balance issues
• Maintain up-to-date knowledge of revenue cycle management and industry trends
• Perform other duties as necessary.

Skills

Team player

Problem solving

Attention to detail

Communication skills

Fast paced environment

Tools

Microsoft Office

Excel

Outlook

Job description

In the role of Cash Receivable Specialist, you will be responsible for researching and evaluating claims for proper reimbursement and working with third party payers to ensure maximum collections.

• Tell us about your experience with Cash Receivables.
• Are you a team player and a self-motivator?
• We are counting on you to manage multiple projects using your problem-solving skills.
• We are looking for someone UNCOMMON. What is uncommon about you?

Are you highly committed? Are you team-oriented? Do you value professionalism, trust, honesty, and integrity? If so, we cannot wait to meet you.

About The Position

• Processing Payments: Accurately posting payments from various sources, including checks, electronic payments, and remittances from insurance companies and patients into the billing system.
• Reconciling Accounts: Balancing cash reports and ensuring the accurate recording and balancing of collected cash.
• Adjustments and Refunds: Making necessary adjustments to patient accounts, processing refunds for overpayments, and reconciling outstanding balances.
• EOB Review: Inspecting and interpreting Explanations of Benefits (EOBs) from insurance companies to understand payment details, adjustments, and denials.
• Error Resolution: Researching and correcting posting errors, and notifying appropriate staff members of payment issues and trends.
• Reporting: Generating reports related to payment posting, reconciliation, and cash balancing.
• Collaboration: Working closely with other members of the billing and financial department, responding to requests regarding account balance issues.
• Confidentiality: Maintaining the confidentiality of patient records and adhering to HIPAA guidelines.
• Provide data to management on trends found with payers in claims adjudication process affecting claims payment
• Maintain expertise in multiple current client systems
• Maintain up to date knowledge of revenue cycle management, industry trends
• Perform other duties as necessary.
• Acts as an effective team member.
• 2+ years health care revenue cycle experience within a physician office, hospital or insurance plan claim processing unit
• Participate in revenue cycle training
• General knowledge of CPT/HCPCS and ICD.10 coding requirements
• Strong attention to detail outstanding written and verbal communication skills
• Computer proficiency including Microsoft Office, Word, Excel and Outlook
• Ability to function effectively in a fast-paced environment
• Personal traits of a high-level commitment, motivation, energy, team orientation, professionalism, trust, personal honesty and integrity, and a demonstration of placing others in a place of high value.

About Us

You are uncommon. We are, too. We are looking for people to help us in our mission of working hard at lowering healthcare administrative costs for federal government agencies, payers, and providers. At Signature, our mission is to improve the health of our clients' business and make the lives of the people we work with better. As we continue to experience exponential growth, we are looking for uncommon individuals to enhance our vision. We will continue to accomplish our mission by leading with our values of Passion, Courage, Integrity, and Respect in all interactions, making us a consistent annual Best Places to Work organization. We need uncommon leaders with uncommon qualities to shape our uncommon culture and achieve our uncommon mission.

About the Benefits

When you are a member of Signature Performance, you are a part of a solutions-based organization where the values of passion, integrity, courage, and respect are the driving forces behind all our decision-making. We trust you to do important work and bring the best version of yourself to work every day, so we want to help you achieve a work-life balance while consistently challenging yourself. Signature believes in fully developing each one of our Associates. Our performance-driven philosophy boasts competitive pay and additional position specific incentives, where world-class training and development, resources, and events drive our award-winning culture where everyone thrives.

• Health Insurance
• Fully Paid Life Insurance
• Fully Paid Short- & Long-Term Disability
• Paid Vacation
• Paid Holidays
• Professional Development and Tuition Assistance Program
• 401(k) Program with Employer Match

Security Requirements:

• U.S. Citizenship or naturalized citizenship is required for this position.
• All work on all positions at Signature Performance must be completed in the continental United States, Alaska, or Hawaii.
• Signature Performance requires candidates to participate in interviews with their camera enabled. Interviews may be recorded for evaluation, training, quality assurance, and hiring purposes. Candidates will be provided the opportunity to consent during the application process and notified before recording begins. These requirements are applied consistently to all applicants and are a condition of participation in the selection process. Failure to meet these requirements may result in removal from consideration. Candidates who have questions , concerns or require accommodation regarding recording should notify the Talent Attraction & Strategy team before proceeding .

Security Requirements

• U.S. Citizenship or naturalized citizenship is required for this position.
• All work on all positions at Signature Performance must be completed in the continental United States, Alaska, or Hawaii.
• Signature Performance requires candidates to participate in interviews with their camera enabled. Interviews may be recorded for evaluation, training, quality assurance, and hiring purposes. Candidates will be provided the opportunity to consent during the application process and notified before recording begins. These requirements are applied consistently to all applicants and are a condition of participation in the selection process. Failure to meet these requirements may result in removal from consideration. Candidates who have questions , concerns or require accommodation regarding recording should notify the Talent Attraction & Strategy team before proceeding .

Work Schedule

TBD

Compensation Range

$22.00 - $24.00/Hourly

Position Type

Full Time

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Employer Privacy Policy

This Company is an Equal Opportunity Employer, and does not discriminate on the basis of race, gender, ethnicity, religion, national origin, age, disability, veteran status, or on any other basis prohibited by law. Information on race, gender and national origin will only be used for statistical and recordkeeping purposes, and will not be used in making any employment decisions. All information provided will be kept separate from your expression of interest. Providing this information is strictly voluntary, and you will not be subjected to any adverse action or treatment if you choose not to provide this information. If you do not choose to answer these questions, we ask that you select "Decline to Identify" for each question. Thank you for your voluntary cooperation.

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