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    Cash Application - Greenville, NC, United States - FFAM360 Heathcare

    FFAM360 Heathcare
    FFAM360 Heathcare Greenville, NC, United States

    2 weeks ago

    Default job background
    Transportation / Logistics
    Description


    Job Overview

    Responsible for posting payments and reconciliation of payment posting to patient accounts and various general ledger accounts.

    Responsibilities and Duties

    Essential Duties and Responsibilities

    • Ensures all cash is posted to the accounts receivable and balanced to cash received.
    • Will receive daily deposit of insurance checks, and forward to appropriate parties for information.
    • Will be responsible for ensuring that lock-box is opened and sorted in a timely manner.
    • Prepares notice of those items that cannot be applied to a specific invoice; researches and supplies back-up information.
    • Prepares necessary adjusting entries for reimbursement variances, ensuring appropriate records are maintained for cost reporting.
    • Researches any cash application problems, and takes the appropriate corrective action. assuring data is accurate and submitted in accordance with processing deadlines.
    • Post all payments and write-offs to the appropriate accounts, maintaining the highest of quality for each transaction processed.
    • Determine denial codes to be used for clear communication of the reason for the balance due on the statement to patients.
    • Contact insurance companies on questionable EOB's.
    • Verify the payment received is paid per the specific payer contract.
    • Ensures the posting of payments is done in a 48 hours turnaround time.

    Education and/or Experience

    Associates degree in Accounting required. Three years in a medical office setting preferred. Prior experience using electronic scheduling and electronic medical software is a plus.

    Knowledge of ICD-10, CPT, HCPCS and the use of modifiers preferred.

    Knowledge of physician billing and/or collections. Typing speed 55 wpm and the ability to use a calculator.



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