Cash Reconciliation Specialist

Job Description:
At Enovis™ we sweat the little things. We embrace collaboration with our partners and patients, and we glory in the grind of scientific excellence - with the goal of transforming medical technology as we know it.
Because that's how we change the lives of patients for the better. And that's how we create better together.
As a key member of the Revenue Cycle Management (RCM) team you will play an integral part in helping Enovis drive the medical technology industry forward through transforming patient care and creating better patient outcomes.
Job Title:
Cash Application Specialist
Reports To:
Supervisor, Billing & Collections
Location:
Lewisville. Texas | Hybrid (required 3 days onsite | 2 days remote)
Job Title/High Level Position Summary:
The Cash Application Specialist is responsible for gathering, posting, and reconciling payments that are received by Enovis' Revenue Cycle Management (RCM) Team, including daily posting of deposits, and weekly and monthly reconciliation.
Key Responsibilities:

• Monitors and manages incoming payments.
• Supports the download of 835s from clearinghouse and/or other payor websites for posting to Medicare/Commercial accounts.
• Retrieves and posts remittances from applicable payor websites when the remittance is unavailable from the clearinghouse.
• Manually keys remittances if an 835 is unavailable or not applicable to a specific payor.
• Notifies Management of trends and/or issues with importing or not receiving remittances from clearinghouse/online payment portals.
• Review remittances for applicable adjustments and transfer balances to secondary or patient responsibility when appropriate.
• Respond to questions related to payment applications and work closely with the RCM Team to resolve any account variances.
• Researches and corrects keying errors as needed.
• On a daily basis, pull all incoming batches of live checks processed for deposit through lockboxes and confirm that each deposit has been posted and reconciled to the appropriate Practice Management System.
• Balances checks posted to batch totals.
• Posts refund checks issued by Accounting related to overpayment recoveries and/or credit balances.
• Identifies underperforming areas and assists Management in implementing corrective actions to drive improvement.
• Ensures that established internal controls are followed.
• Produces ad hoc reports and summarizes findings and trends in data, as needed by Management and/or other internal departments.
• Acts as a liaison between external vendors and internal stakeholders.
• Communicates updates, processes, requirements, and expectations to external vendors to track, measure, and report on vendor performance.
• Communicates and assists patients via phone with payment processing.
• Demonstrates commitment to the Compliance & Ethics Program, the Enovis Code of Conduct, the Enovis Sales and Marketing Code of Conduct, the AdvaMed Code of Ethics, and all supporting and applicable regulations, policies, and procedures.
• Adheres to all internal Corporate Compliance guidelines, OIG, government healthcare regulations, regulatory policies and procedures, and privacy and security standards in accordance with government agencies, including HIPAA requirements.
• Treats Protected Health Information (PHI) with the strictest confidentiality in accordance with HIPAA standards.
• Acquires a basic understanding of the field, including regulatory compliance issues, and adheres to these guidelines.
• Other duties as assigned.

Minimum Basic Qualifications:

• To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements below represent the required knowledge, skill, and/or ability. Reasonable accommodations may be made to enable individuals with disabilities.
  to perform the essential functions.
• Experience - Minimum of 3 years of experience in Accounts Receivable Collections and/or Cash Application. -
  • Knowledge of and experience with clearinghouse transaction type 835 (Health Care Claim Payment/Advice) required.
  • Experience in a healthcare environment strongly preferred. - Experience using DataWorks, Computers Unlimited TIMS, or similar case management software strongly preferred.
  • Analytical Skills
• Education - High School Diploma or GED required. General Skills/Competencies/Specialized Knowledge

"Creating better together". It's the Enovis purpose, and it's what drives us and empowers us every day on a global scale. We know that the power to create better - for our customers, our team members, and our shareholders - begins with having the best team, pursuing common goals, operating at the highest levels, and delivering extraordinary outcomes.
Watch this short video and discover what creating better together means to us at Enovis:
Our Enovis Purpose, Values and Behaviors on Vimeo
ABOUT ENOVIS
Enovis Corporation (NYSE: ENOV) is an innovation-driven medical technology growth company dedicated to developing clinically differentiated solutions that generate measurably better patient outcomes and transform workflows. Powered by a culture of continuous improvement, global talent and innovation, the Company's extensive range of products, services and integrated technologies fuels active lifestyles in orthopedics and beyond. Visit www.enovis.com to learn more.
EQUAL EMPLOYMENT OPPORTUNITY:
Enovis provides equal employment opportunities based on merit, experience, and other work-related criteria and without regard to race, color, ethnicity, religion, national origin, sex, age, pregnancy, disability, veteran status, or any other status protected by applicable law. We also strive to provide reasonable accommodation to employees' beliefs and practices that do not conflict with Enovis policies and applicable law. We value the unique contributions that every employee brings to their role with Enovis.
ABOUT ENOVIS™
Enovis Corporation (NYSE: ENOV) is an innovation-driven medical technology growth company dedicated to developing clinically differentiated solutions that generate measurably better patient outcomes and transform workflows. Powered by a culture of continuous improvement, global talent and innovation, the Company's extensive range of products, services and integrated technologies fuels active lifestyles in orthopedics and beyond. For more information about Enovis, please visit www.enovis.com.
EOE AA M/F/VET/Disability Statement
All qualified applicants will receive consideration for employment and will not be discriminated against on the basis of race, religion, color, national origin, sex, protected veteran status, disability, or any other basis protected by federal, state or local laws.