Healthcare Cash Application Specialist

Illinois-Bone-; Park Ridge (IL); On-site; USD 55,000 - 75,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

401k with match

Job summary

Illinois Bone and Joint Institute, LLC, based in Park Ridge, IL, is hiring a Cash Application Specialist to ensure accurate posting of patient and insurance payments. You will resolve discrepancies, process ERAs/835s, and address EOBs while coordinating with payers and IBJI departments.

Requirements include a High School diploma and 3+ years in healthcare revenue cycle, with strong Excel skills and knowledge of CPT/ ICD-10 guidelines.

Qualifications

• High School diploma or equivalent required.
• Minimum 3 years’ experience in healthcare revenue cycle, specifically payment posting and cash reconciliation.
• Ability to interpret Explanation of Benefits (EOBs) and ANSI codes.
• Proficiency in Microsoft Excel and familiarity with CPT/ICD-10 guidance.

Responsibilities

• Post payments received via ACH, credit card and lockboxes to patient accounts.
• Research, analyze, and post Electronic Remittance Files (ERAs/835s) and EOBs.
• Contact payers to resolve credits or locate patient information.
• Ensure month-end closing and reconciliation.
• Post and allocate payments in Epic and other EMR tools for IBJI entities.
• Resolve unapplied payments and refunds in work queues.
• Participate in process improvement projects.

Skills

Payment posting

EOB interpretation

Excel

Healthcare billing

Attention to detail

Education

High School diploma

Tools

Epic EMR

EMR systems

Job description

Illinois Bone and Joint Institute, LLC, based in Park Ridge, IL, is hiring a Cash Application Specialist to ensure accurate posting of patient and insurance payments. You will resolve discrepancies, process ERAs/835s, and address EOBs while coordinating with payers and IBJI departments.

Requirements include a High School diploma and 3+ years in healthcare revenue cycle, with strong Excel skills and knowledge of CPT/ ICD-10 guidelines.