Description
MedStar Patient Financial Services currently has opportunity for a Cash Applications/Reimbursement Specialist to join our team. This position is on-site with a full-time, Monday - Friday, 8am - 4:30pm schedule. Office is located in Nottingham, MD.
We are specifically looking for candidates who have experience with healthcare cash posting, account reconciliation and the ability to read & interpret an Explanation of Benefits. Strong skills in Microsoft Excel is desirable.
More About the Cash Applications Team: The Cash Applications Team is responsible for the manual posting of payments received through the Cashpro lockbox process, live checks and credit cards and for the electronic posting of payments which are transmitted directly to the system and require minimal manual intervention. The department also downloads EFTs from Aurora, MedAssets and AdvancedMD to post electronic payments for the 10 MedStar Health hospitals and all Ambulatory sites.
Job Summary: Receives, reviews, and posts batches of payments, electronically or manually, for MedStar Health entities, ensuring accuracy in the posting of the receipts, payments and contractual allowances. Payments must be processed within department set standards from time of deposit. On-site position also includes working in mail room/mail processing.
Education
- High School Diploma or GED equivalent required
- 1-2 years experience in accounting, banking, finance required or
- An equivalent combination of experience and college education in a related field required
- Excellent customer service skills.
- Ability to work independently with minimum supervision.
- Knowledge of medical terminology preferred.
- Excellent communication, analytical, interpersonal, and organizational skills.
- Proficient use of hospital registration and/or billing systems or equivalent finance systems, and Microsoft Word and Excel applications.
- Data entry and 10 key adding machine skills.
- Ability to type 35 WPM.
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