Cash Posting Representative

SpecialtyCare is Your Trusted Career Partner

SpecialtyCare is the world’s leading provider of clinical services to hospitals. We partner with hospitals to drive, sustain, and accelerate high performance. We offer a portfolio of solutions that include neuromonitoring, perfusion, surgical assist, autotransfusion, minimally invasive surgical support, and sterile processing. SpecialtyCare’s clinicians focus their efforts to improve operational efficiencies, improve outcomes, and maintain exceptional levels of satisfaction. We compete on results.

The Position:

The Cash Posting Representative is responsible for the timely and accurate entry of payer remittance and claims processing response data into the billing system. Assists with the tracking, recording and balancing of cash receipts against bank deposits, electronic fund transfer notifications and lockbox receipts. 

Duties and Responsibilities:

• Receives remittance advices and other payment documentation via mail, lockbox and clearinghouse website.
• Downloads electronic remittance advice from clearinghouse, reviews file and ensures accurate posting to patient service items.
• Submits checks received via mail to the bank lockbox or makes counter deposits as necessary.
• Manually enters payments, allowable and adjustment amounts into the billing system.
• Assists with the collection and recording of payor response data for review, analysis and ongoing business planning.
• Balances and reconciles all postings in the billing system with remittance documents and deposit information.
• Maintains spreadsheets and documents that assist with the tracking and reconciliation of cash receipts or otherwise support the operations of the department.
• Follows up on cash receipt issues as necessary.
• Escalates discrepancies in information that result in a delay of payment entry or errors in the system.
• Scans all remittance documentation and uploads into the billing system/image control system (ICS).
• Files/attaches scanned documents to the encounter record within the billing system.
• Files paper copies according to department procedures.
• Performs other duties and work on special projects as necessary to support the operations of the Revenue Management – Third Party Billing.
• Live the SpecialtyCare Values – Integrity, Teamwork, Care & Improvement.
• Perform other duties as assigned.