[Hiring] Cash Specialist REMOTE
Position: Cash Specialist
Date posted: 2024-12-05
Industry: Pharmacy
Employment type: Full Time
Experience: 2 year
Qualification: Bachelor’s Degree is required
Location: United State, REMOTE
Company: Remedi SeniorCare Pharmacy
Description:
Cash Specialist required
United States ·
About the job
Description
The Cash Application Specialist is responsible for accurately processing payments. Separates payments by payor and posts payments to accounts by guarantor and service date to ensure accurate account activity.
Essential Responsibilities
- Fully accountable for posting all payments and adjustments in accordance to monthly deadlines for all lines of business. Post cash within twenty four (24) hours of receipt. Reconcile batches posted to total deposits daily.
- Research unidentified payments using internal sources, written communication, or phone inquiries to determine appropriate accounts to apply payments against
- Coordinate transfer of these funds to appropriate line of business with Remedi. Copy and transfer documentation to appropriate department for posting.
- Identify overpayments and notify collectors or accounts receivable representatives in order to immediately refund government payors and notify third party payors, Facilities and Private Pay customers of over payment.
- Copy or communicate documentation or information required to bill secondary payors to billing representatives or accounts receivable representatives.
- Complete all weekly/monthly reports according to schedule.
- Verify and process patient refunds in AR systems monthly.
- Download and review of electronic remittances for third party payors for all lines of business. Document and run reports of all remittances.
- Responsible with achieving department goals in volume, production, quality, customer service.
- As directed, participates in special projects to identify and implement operational improvements.
- Complies and enforces all company and departmental policies and procedures. Maintains strictest confidentiality; adheres to all HIPAA guidelines/regulations.
- Adhere to company policies, including attendance and punctuality.
- Customer Focus – Is dedicated to meeting the expectations and requirements of internal and external customers; gets first-hand customer information and uses it for improvements in products and services; talks and acts with customers in mind; establishes and maintains effective relationships with customers and gains their trust and respect.
Other Responsibilities
- Participates in special projects or training to identify and implement operational improvements.
- Ability to work with others in a positive productive manner anticipates and responds to the positions areas of responsibilities.
- Other duties as directed or assigned.
Education
- High School or equivalent required. Proficient in Excel, Word and Outlook required, general knowledge and understanding of billing rules desired.
- Minimum of 2 years medical billing or posting experience desired, previous LTC pharmacy billing experience preferred
Experience
- Minimum of 2 years medical billing or posting experience desired, previous LTC pharmacy billing experience preferred.
- Reconciliation experience desired.
Remedi SeniorCare is one of the nation’s TOP FIVE long term care pharmacies. We offer nursing homes and assisted-living facilities everything they need to provide better care to their residents by delivering highly responsive pharmacy solutions.
