Specialist, Cash Application

Option Care; Columbus (OH); On-site; USD 23,000 - 39,000; Full time

Benefits offered by this job

Medical, Dental, & Vision Insurance

Paid Time off

Bonding Time Off

401K Retirement Savings Plan with Profi

HSA Company Match

Flexible Spending Accounts

Tuition Reimbursement

myFlexPay

Family Support

Mental Health Services

Company Paid Life Insurance

Award/Recognition Programs

Job summary

Option Care Health in the United States is seeking a Reimbursement Specialist to research, identify, and allocate payments, posting cash and ensuring compliance with internal controls and requirements.

Responsibilities include posting payments from lock box, balancing cash, running AR reports for month end, and flagging any bad debt, payer, or patient issues impacting AR. Basic Excel/Word skills are required; infusion reimbursement experience is preferred.

Qualifications

• High School Diploma or equivalent.
• Basic level skill in Microsoft Excel.
• Basic level skill in Microsoft Word.

Responsibilities

• Posts all payments and denials as they are received from lock box into the system, balances daily cash receipts against lock box total and gives to Reimbursement Manager for approval.
• Completes the Cash Reconciliation on a daily basis and makes all entries into KIS.
• Runs all A/R reports necessary for month end reporting including reviewing the Cash Reconciliation and KIS entries.
• Runs reports as needed for the Reimbursement Manager and reports payer, insurance, or patient issues affecting AR.

Skills

Excel basics

Word basics

Education

High School Diploma or equivalent

Job description

Extraordinary Careers. Endless Possibilities. With the nation’s largest home infusion provider, there is no limit to the growth of your career. Option Care Health, Inc. is the largest independent home and alternate site infusion services provider in the United States. With over 8,000 team members including 5,000 clinicians, we work compassionately to elevate standards of care for patients with acute and chronic conditions in all 50 states. Through our clinical leadership, expertise and national scale, Option Care Health is re‑imagining the infusion care experience for patients, customers and team members. Join a company that is taking action to develop an inclusive, respectful, engaging and rewarding culture for all team members. At Option Care Health your voice is heard, your work is valued, and you’re empowered to grow. Cultivating a team with a variety of talents, backgrounds and perspectives makes us stronger, innovative, and more impactful. Our organization requires extraordinary people to provide extraordinary care, so we are investing in a culture that attracts, hires and retains the best and brightest talent in healthcare.

Job Description Summary

Researches, identifies and allocates all payments and ensures that all cash is posted and distributed accurately and within required time frames under conformity to the applicable internal controls and compliance requirements.

Job Responsibilities

Posts all payments and denials as they are received from lock box into the system, balances daily cash receipts against lock box total and gives to Reimbursement Manager for approval. Completes the Cash Rec on a daily basis and makes all entries into KIS. Runs all A/R reports necessary for month end reporting including reviewing the Cash Reconciliation and KIS entries. Runs reports as needed or requested for the Reimbursement Manager. Recognizes and reports any bad debt, billing or collection issues upon immediate discovery. Recognizes and reports any payer/insurance and or patient issues that could impact AR.

Supervisory Responsibilities: None

Basic Education and/or Experience Requirements

High School Diploma or equivalent.

Basic Qualifications & Interests

Basic level skill in Microsoft Excel (for example: opening a workbook, inserting a row, selecting font style and size, formatting cells as currency, using copy, paste and save functions, aligning text, selecting cells, renaming a worksheet, inserting a column, selecting a chart style, inserting a worksheet, setting margins, selecting page orientation, using spell check and/or printing worksheets). Basic level skill in Microsoft Word (for example: opening a document, cutting, pasting and aligning text, selecting font type and size, changing margins and column width, sorting, inserting bullets, pictures and dates, using find and replace, undo, spell check, track changes, review pane and/or print functions).

Preferred Qualifications & Interests

Previous Infusion Reimbursement or Intake/Admissions experience.

This job description is to be used as a guide for accomplishing Company and department objectives, and only covers the primary functions and responsibilities of the position. It is in no way to be construed as an all‑encompassing list of duties. Due to state pay transparency laws, the full range for the position is below: Salary to be determined by the applicant’s education, experience, knowledge, skills, and abilities, as well as internal equity and alignment with market data. Pay Range is $17.02-$28.38

Benefits

• Medical, Dental, & Vision Insurance
• Paid Time off
• Bonding Time Off
• 401K Retirement Savings Plan with Company Match
• HSA Company Match
• Flexible Spending Accounts
• Tuition Reimbursement
• myFlexPay
• Family Support
• Mental Health Services
• Company Paid Life Insurance
• Award/Recognition Programs

Option Care Health subscribes to a policy of equal employment opportunity, making employment available without regard to race, color, religion, national origin, citizenship status according to the Immigration Reform and Control Act of 1986, sex, sexual orientation, gender identity, age, disability, veteran status, or genetic information.

For over 40 years, Option Care Health has provided adult and pediatric patients with an alternative to hospital infusion therapy. With more than 2,900 clinical experts, Option Care Health is able to provide high‑quality infusion services for nearly all patients with acute and chronic conditions across the United States, resulting in high quality outcomes at a significantly reduced cost. Option Care Health has more than 70 infusion pharmacies and 100 alternate treatment sites. We are guided by our purpose to provide extraordinary care that changes lives through a comprehensive approach to care along every step of the infusion therapy process including: intake coordination, insurance authorization, resources for financial assistance, education and customized treatments.