Cash Posting Specialist at Shields Health

Shields Health

Monday-Friday 7:30-4:00

JOB TITLE: CASH POSTING SPECIALIST 

PURPOSE AND SCOPE: The Reimbursement Specialist will perform the necessary tasks to successfully maximize the collection of revenue and serve as a resource for the internal and external customer groups. 

 PRIMARY RESPONSIBILITIES: 

Post payments 

a. Electronic & Manual posting of daily payments with understanding of how to read EOB.

b. Navigation to Santander website to download bank activity. 

c. Navigation of Heartland website to download activity.

d. Account adjudication, i.e. the correct adjustments, designation of next payer to bill, etc. 

e. Research underpayments with insurance companies reporting underpayments to contract manager. 

f. Complete and perform all task associated with posting functions.

g. Must be team player and assist when needed within the team. 

Refunds/Overpayments 

1. Timely refunds of patient and insurance company overpayments. 

3.Perform daily posting activity, incorporating decision making process to determine the best avenue for either prompt payment or further research required. Attention to detail is a must. 

4.Keep management informed of situations and conditions with potential impact on the department, company or any customer group. Support Manager teams as necessary, demonstrating respect and flexibility. 

EDUACATIONAL REQUIREMENTS: High School diploma, Associates Degree in Healthcare Administration preferred. 

B.EXPERIENCE REQUIREMENTS: Two years medical billing experience. Knowledge of CPT & ICD 9 coding. 

C.PHYSICAL REQUIREMENTS: Ability to sit for extended periods of time while performing the data entry function. Must possess strong written and verbal communication skills. 

INTERNAL/EXTERNAL INTERACTIONS: This position requires extensive interaction with co-workers, patients, insurance companies, and the professional community. 

NOTE: It is not intended that this Job Description includes all details of the work functions of this position. The incumbent will perform work of lower or equivalent as required or directed, and work of higher classification for training and development purposes or as situationally warranted.

Employment is contingent on presentation of work related credentials.  These credentials vary based on the position offered and the location offered, but may include vaccinations, licensure, and certifications.  A detailed list will be sent upon offer and available during the interview process when requested.