Specialist Cash Applications

HonorHealth; Hyde Park Township (IL); Remote; USD 40,000 - 55,000; Full time

Job summary

HonorHealth is seeking a Cash Applications Specialist responsible for managing patient cash transactions, ensuring accurate posting and reconciliation. This role requires attention to detail and knowledge of revenue cycle processes, contributing to a meaningful healthcare experience.

Qualifications

• 2 years experience in related field required.

Responsibilities

• Handles all patient cash received within the department.
• Reconciles provider level adjustments and processes cash transactions.
• Ensures accurate cash application and denials management.

Education

High School Diploma or GED

Job description

Overview

Remote within the greater Phoenix, Scottsdale, Northwest metro valley area in Arizona.

Must attend in-house training, then remote work.

Looking to be part of something more meaningful? At HonorHealth, you’ll be part of a team, creating a multi-dimensional care experience for our patients. You’ll have opportunities to make a difference. From our Ambassador Movement to our robust training and development programs, you can select where and how you want to make an impact.

HonorHealth offers a diverse benefits portfolio for our full-time and part-time team members designed to help you and your family live your best lives. Visit honorhealth.com/benefits to learn more.

Join us. Let’s go beyond expectations and transform healthcare together.

HonorHealth is one of Arizona’s largest nonprofit healthcare systems, serving a population of five million people in the greater Phoenix metropolitan area. The comprehensive network encompasses nine acute-care hospitals, an extensive medical group with primary, specialty and urgent care services, a cancer care network, outpatient surgery centers, clinical research, medical education, a foundation, an accountable care organization, community services and more. With more than 16,000 team members, 4,000+ affiliated providers and over 1,100 volunteers, HonorHealth seamlessly blends collaborative care and approachable expertise to improve health and well-being. People often say care feels different here -- because it does. Learn more at HonorHealth.com.

Responsibilities

Job Summary

The Cash Applications Specialist handles all patient cash received within the department. This position receives payments from electronic vendors, lock box, hospital departments, collection agencies and live checks. The Cash Applications Specialist reconciles provider level adjustments/electronically transmitted files, processes cash transactions, balances batches, validates accurate data in all systems and posts to the proper patient account(s) and or clearing/suspense account in a timely manner. Performs detailed research and bank/finance reconciliation as necessary.

• Uploads or manually posts cash transactions, denials and zero payments into the patient accounting system. Balances all batches, given the proper claim disposition, and adjusts according to department guidelines.
• Documents the cash spreadsheets with the necessary information for balancing purposes. Keys adjustments and transfers as needed.
• Identifies and allocates non-patient cash for transfer to clearing/suspense account and corresponding ledger. Ensures accurate cash application and denials management. Utilizes appropriate payer, vendor, banking and clearing house websites to retrieve documentation as needed.
• Stays current with knowledge of revenue cycle, HIPAA, Federal & State regulations, hospital policy, and reimbursement criteria. Attends all department meetings as requested. Performs other duties as assigned.

Qualifications

Education

High School Diploma or GED Required

Experience

2 years Related field Required