CASH APPLICATION SPECIALIST

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Methodist Health System
Published
November 10, 2021
Location
Dallas, Texas
Job Type

Description

CASH APPLICATION SPECIALIST

CENTRAL BUSINESS OFFICE
METHODIST HEALTH SYSTEM
DALLAS, TX, 75265-5999
Full-time · Day · 80
Req # 20062410

Your Job:
The Cash Application Specialist will provide excellent customer service, accurately posting payments and handling reconciliation of patient accounts. You will post and balance accounts receivable insurance and patient payments while resolving payment disputes in a timely manner.

Your Job Requirements:

  • High School Diploma and minimum three year relevant experience
  • Epic Professional Billing Experience Preferred
  • Professional Certification through AAHAM, HFMA, or EPIC preferred
  • Ability to analyze Explanation of Benefits statements
  • Strong knowledge of Word, Outlook and Excel;  ten key by touch
  • Excellent oral and written skills.
  • Minimum 3 years healthcare background with some of the following:
    • Health care terminology surrounding medical diagnostic and procedural coding.
    • High-quality math skills necessary.
    • Ability to identify trends and variances of PLB’s from payer EOB’s
    • Strong Knowledge of EDI, Payer PLB’s and working with insurance carriers on missing transactions/ errors in the 835 payment posting file.
    • ANSI 5010 knowledge
    • Ability to identify and resolve payment posting variances on patient accounts
  • Minimum 1 year medical payment posting with some of the following:
    • Ability to analyze Explanation of Benefits statements
    • Account Receivable analyst in a Hospital setting.
    • Ability to type 35 words per minute
    • Strong knowledge of Word, Outlook and Excel;  ten key by touch
    • Excellent oral and written skills

Your Job Responsibilities:

  • Accurately post and allocate all payments per vendor or payer details to patient accounts.
  • Ensures accuracy of cash application by balancing deposit totals to system-generated reports.
  • Accurately post all details per explanation of benefits for manually posted remits.
  • Adhere to all departmental deadlines for posting payments.
  • Work closely with various parties (patients, insurance companies, co-workers) to quickly address and resolve issues identified.
  • Investigate unidentified cash and resolve misdirected payments.
  • Repost or resolve undistributed payments based on timeframe established by department.
  • Resolve or redirect clearing account balances based on timeframe established by department.
  • Keep current documentation of workflows and responsibilities for position.
  • Cross-train to all other duties within the department
  • Other duties as assigned.

 

Additional Information: Methodist Health System is a highly revered, leading nonprofit healthcare organization in Dallas, Texas. Named on of the fastest-growing health systems in America by Modern Healthcare, Methodist will soon include 11 hospitals, either through ownership or affiliation. Our wholly owned and full-service hospitals include Methodist Dallas, Methodist Charlton, Methodist Mansfield, and Methodist Richardson Medical Centers; Methodist Richardson -- Campus for Continuing Care; and, opening fall 2020 Methodist Midlothian Medical Center.  Our affiliated physician organization is Methodist Medical Group, which includes more than 50 healthcare clinics, two concierge medicine clinics, an urgent care clinic and a virtual care platform known as MethodistNOW. At Methodist, we strive to have a diverse workforce that reflects the communities we serve -- one that is welcoming of the skills and talents of all groups.  Our reputation as an award-winning employer shows in the honors we've earned:

  • Magnet® designations for Methodist Dallas, Methodist Mansfield, and Methodist Richardson
  • A Best Place to Work 15 years straight by the Dallas Business Journal
  • A 150 Great Places to Work in Health care nine years in a row by Becker's Hospital Review
  • Military Friendly Employer
  • One of three 2019 Top Healthcare Diversity Organizations in the U.S.
  • Ranked No. 2 on DiversityInc's List of Top Hospitals and Health Systems in America, 2018
  • First member of the Mayo Clinic Care Network in Texas, since 2015

Our Care Commitments

  • Take Care of Patients
  • Take Care of Each Other
  • Take Care of Ourselves
  • Take Care of Methodist

 

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