Lead Cash Application

Duly Health and Care; Toms River (NJ); On-site; USD 33,000 - 50,000; Full time

Benefits offered by this job

Health coverage

Mental health benefit

Life and disability insurance

Tuition reimbursement

401(k) match

Volunteer time off

Community engagement culture

Parental leave & adoption support

Job summary

Duly Health and Care is seeking a Lead Cash Application professional to manage posting of patient and payer payments, reconciling cash receipts, and resolving payment discrepancies. The role emphasizes HIPAA compliance, accurate posting, and effective use of billing software within a healthcare operations team.

Responsibilities include handling refunds/adjustments, researching unapplied payments, and interacting with payers to ensure accurate postings, with a schedule Monday–Friday, 8am–5pm in

Responsibilities

• Post daily payments from patients, insurance companies, and third-party payers to appropriate accounts in the system.
• Reconcile daily cash receipts and deposit reports with bank statements.
• Identify and resolve payments, underpayments, and misapplied funds.
• Process refunds or adjustments as necessary based on payer guidelines or patient requests.
• Research and resolve unapplied or unidentified payments in a timely manner.
• Ensure HIPAA compliance and always protect patient confidentiality.
• Utilize billing software and electronic remittance systems effectively.
• Effective use of payer portals to obtain information to be able to post accurately.
• Verifies and maintains adjustment records.
• Stay abreast of and comply with all state and federal laws including HIPAA, ADA, OSHA and FLSA.
• Any and all other duties as assigned knowledge of – medical business office procedures, coding, clinical operating policies and procedures.
• Ability to examine documents for accuracy and completeness, prepare records in accordance with detailed instructions, work effectively with co-workers.

Job description

Benefits:

• Comprehensive medical, dental, and vision benefits that include healthcare navigation assistance.


• Access to a mental health benefit at no cost.


• Employer provided life and disability insurance.


• $5,250 Tuition Reimbursement per year.


• Immediate 401(k) match.


• 40 hours paid volunteer time off.


• A culture committed to community engagement and social impact.


• Up to 12 weeks parental leave at 100% pay and a financial benefit for adoption and surrogacy for non-physician team members once eligibility requirements are met.

Position Details

• Full-Time, 40 hours per week


• Hours: Monday-Friday; 8am-5pm


• Location: Downers Grove, IL

The Lead Cash Application is responsible for:

• Post daily payments from patients, insurance companies, and third-party payers to appropriate accounts in the system.


• Reconcile daily cash receipts and deposit reports with bank statements.


• Identify and resolve payments, underpayments, and misapplied funds.


• Process refunds or adjustments as necessary based on payer guidelines or patient requests.


• Research and resolve unapplied or unidentified payments in a timely manner.


• Ensure HIPAA compliance and always protect patient confidentiality.


• Utilize billing software and electronic remittance systems effectively.


• Effective use of payer portals to obtain information to be able to post accurately.


• Verifies and maintains adjustment records.


• Stay abreast of and comply with all state and federal laws including HIPAA, ADA, OSHA and FLSA.


• Any and all other duties as assigned knowledge of – medical business office procedures, coding, clinical operating policies and procedures.


• Ability to examine documents for accuracy and completeness, prepare records in accordance with detailed instructions, work effectively with co-workers.

The compensation for this role includes a base pay range of $24.02-36.03 with the actual pay determined by factors such as skills, experience, education, certifications, geographic location, and internal equity. Additional compensation may be available through shift differentials, bonuses, and other incentives. Base pay is only a portion of the total rewards package.

Artificial Intelligence Disclosure

Artificial Intelligence (AI) tools may be used in some portions of the candidate review process for this position, however, all employment decisions will be made by a person.