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Form of workPay Range: $ 18.35/hr - $ 21.57/hr
POSITION SUMMARY:
The Cash Posting Clerk is responsible for posting all payments received within one day of receipt and posting it correctly to ensure patients' accounts are accurate. The Cash Posting Clerk will be balancing & reconciling all patient payments & recoupments. The payments can come from many sources including insurance companies, payments and other third parties. The Cash Posting Clerk becomes familiar with all methods of payment according to insurance explanation of benefits. They prepare the daily bank deposit from offsite locations. They are responsible for reconciling returned checks as well as transfers of payments to appropriate accounts, researching all unidentified payments for appropriate account posting information via websites, phones calls to payers or patients as well as other facilities. They perform daily balancing of all postings between the Cash Posting software, patient accounts and the bank.
EDUCATION / TRAINING / EXPERIENCE:
Minimum:
Proficient in the use of PCs including Windows operationg system and application programs such as Word, Excel and Outlook
Experience in posting payments and denials.
Desired:
Insurance billing and/or follow up experience
Experience reading medical explanation of benefits & processing medical contractual adjustments, co-payments, coinsurance and deductibles.
LICENSES / CERTIFICATIONS:
Minimum:
35 WPM Typing Certification (current certificate within three years.)
SKILLS / KNOWLEDGE / ABILITIES:
Must be able to follow instructions, work quickly and accurately in a fast-paced environment. Organizational/analytical and decision-making skills are essential. Knowledge of basic mathematical calculations. Must be detail oriented and possess a high level of accuracy. Analytical ability to interpret explanation to determine copays/deductibles/co-insurance and patient responsibility. Operate 10 key calculator accurately by touch. Must be able to fulfill the essential functions of the position.
