Cash Application Specialist

 Posted 13 hours ago
     
0-2 years experience
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AI Summary

The Cash Application Specialist is responsible for the daily preparation and posting of receipts, balancing payments, and running daily reports. They manage lock boxes, resolve discrepancies in clearing accounts, and ensure proper insurance payment determination using managed care profiles.

OneOncology is positioning community oncologists to drive the future of medical care through a patient-centric, physician-driven, and technology-powered model to help improve the lives of everyone living with cancer and other diseases. Our team is bringing together leaders to the market place to help drive OneOncology’s mission and vision.

Why join us? This is an exciting time to join OneOncology. Our values-driven culture reflects our startup enthusiasm supported by industry leaders in oncology, urology, technology, and finance. We are looking for talented and highly-motivated individuals who demonstrate a natural desire to improve and build new processes that support the meaningful work of independent physicians and the patients they serve.

Job Description:

The Cash Applications Specialist is responsible for the daily preparation and posting of receipts, balancing payments, and running of daily reports. 

Responsibilities

  • Prepares lock boxes and posts payments from EOBs received the prior day, meeting daily quota outlines with minimal errors. 

  • Runs daily balancing reports and reviews/corrects discrepancies prior to day 

  • close procedures. 

  • Maintains daily close schedule as coordinated by supervisor. 

  • Works offset and clearing accounts in a timely manner to eliminate balances in 

  • these transition accounts. 

  • Understands and refers to managed care profiles, AWP grids, and other tools 

  • necessary to determine proper insurance payment. 

  • Advises supervisor of any insurance issues as they are identified on EOBs that 

  • need immediate attention. 

  • Works up and posts Zero Pay EOBs daily, as included in the lock box for proper  

  • distribution to other teams. 

  • Operates electronic posting downloads along with manual postings daily. 

  • Makes appropriate system comments related to postings/EOBs remittances. 

  • Maintains a general understanding of HCPCS/ICD/CPT oncology coding and 

  • carrier requirements knowledge. 

  • Additional responsibilities may be assigned to help drive our mission of improving the lives of everyone living with cancer. 

Competencies

  • Attendance is an essential job function. 

  • Alpha Numeric data entry experience with speed and accuracy required 

  • Ability to efficiently and effectively work in a production environment. 

  • Proficient in the use of end-user computer applications regarding productivity (MS Word, Excel, Outlook), database and patient billing and other medical information systems 

  • Ability to operate various types of office equipment.  

  • Ability to work effectively with all levels of management and other colleagues, demonstrating initiative and mature judgment  

  • Excellent customer service skills 

  • Effective verbal and written communications, including active listening skills and skills in presenting findings and recommendations 

  • Careful attention to detail 

  • Keen problems solving skills 

  • Must possess high degree of professionalism and adaptability 

  • Knowledge of medical billing, HCPCS, CPT and ICD codes  

  • Scanning experience 

  • The above job description is a general overview of the responsibilities and qualifications for this role at OneOncology. Specific details may vary based on the needs of the organization. 

  • And any other duties needed to help drive to our mission of improving the lives of everyone living with cancer. 

Qualifications

  • High School diploma or equivalent required. 

  • 1-2 years of experience in direct related role. 

  • Cash posting experience in a medical setting 

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