Cash Applications Specialist I

Position Summary

We are looking for clever, resourceful, and unrelenting individuals at the entry level ready to brave the rapidly changing landscape of healthcare receivables to contribute to our Healthcare Services Billing department.  The Cash Applications Specialist will be responsible for leading cash application functions. The ideal candidate will demonstrate excellent communication skills, and strong organizational skills with attention to detail.

Job Responsibilities

• Experience with posting payments from explanation of benefits (EOB’S).

• Assures all monthly, weekly and daily deadlines are met in the cash applications process.

• Complies with established company criteria for accuracy of cash application.

• Balancing to entries posted in ledger.

• Prepares and reconciles bank deposit.

• Identifies and resolves credit balance accounts.

• Utilizes relevant aspects of various coding systems as directed including HIPAA standard Remit, Reject, HCPCS, CPT, ICD-9.

• Prepares various cash application spreadsheets, reports and statistics.

• Research and resolve refund and electronic posting issues, identified by AR teammates.

• Researches and prepares refund request form.

• Identifies and coordinates remittance issues with accounts receivable departmental staff.

• Special projects as assigned.

• Other duties as assigned.

Required Qualifications

• High School diploma or equivalent required.

• Proficient in Microsoft Office Suite, specifically Word, Excel, Outlook, and general working knowledge of Internet for business use. 

Preferred Qualifications

• Bachelor’s degree preferred.

Physical Demands

• Must possess ability to sit, stand, and/or work at a computer for long periods of time.

• May have exposure to blood-borne pathogens, extreme temperatures, high noise levels, fumes and bio-hazardous material/chemicals including formalin in the lab environment.

• Occasional lifting of items up to 35 lbs. is required when installing some IT equipment.

Training

• All job specific, safety, and compliance training are assigned based on the job functions associated with this employee.   

Other

• We are willing to provide flexible work hours for candidates who demonstrate solid skills in communication, persuasion, influence, tenacity, a dedication to the healthcare services industry, and an overall passion for excellence. 

• This is a full-time position and hours will be within the 8-5 timeframe; Monday-Friday.

Conditions of Employment:  Individual must successfully complete pre-employment process, which includes criminal background check, drug screening, credit check ( applicable for certain positions) and reference verification.

This job description reflects management’s assignment of essential functions. Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time.

Caris Life Sciences is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, gender, gender identity, sexual orientation, age, status as a protected veteran, among other things, or status as a qualified individual with disability.