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Cash Application Specialist – Home Health/Hospice
Location
United States
Posted
8 days ago
Salary
$20 - $25 / hour
Seniority
Junior
Job Description
Cash Application Specialist – Home Health/Hospice
LifeCare Home Health Family
• Responsible for gathering, posting, and reconciling all payments received by Lifecare Home Health and all acquired companies • Requires daily posting of deposits and weekly and monthly reconciliation to all Lifecare HH accounting systems, lock boxes, and acquired agency’s bank accounts • Monitor clearinghouse for incoming payments • Download 835s from clearinghouse and/or other payer websites for posting to Medicare/Commercial accounts • Retrieve and post remittances from applicable payer websites when the remittance is unavailable from the clearinghouse • Hand key remittances if an 835 is unavailable or not applicable to a specific payer • Notify Supervisor of trends or issues with importing or not receiving remittances from clearinghouse/online payment portals • Review remittances for applicable adjustments and transfer the balance to MSP or patient responsibility when appropriate • May receive credit card information via mail or phone and process payment on the portal • Post credit card payments to applicable practice management system and balance payments monthly with accounting • Identify underpayments or overpayments, coordinate follow-up with Collector, and notify the appropriate billing supervisor • Respond to questions related to payment applications and work closely with associates to resolve any account variances • Research and correct keying errors as needed • Daily pull all incoming batches of live checks processed for deposit through lockboxes and confirm each deposit has been posted & reconciled to the appropriate practice management system • Balance checks are posted to batch totals • Post-write-offs once approved by management before month end • Post refund checks issued by accounting related to overpayment recoveries/credit balances reflected on Kinnser accounts • Monitor & record refund requests received monthly by agency location • Provide month-end bank file with summarized payment totals inclusive of all deposits processed within a close month, allocated by associated agency location • Account for total write-offs, refund requests, underpayments, overpayments, and credit balances, then submit each category on provided template each month • Work closely with accountants to resolve month-end variances and reconcile items
Job Requirements
- Required one year of payment posting experience with the ability to read and interpret remittance advice (EOB’s) medical billing experience
- Preferred, Two years of experience with Medicare Billing, Private Duty Billing and/or Commercial Insurance billing functions
- Kinnser, Zirmed, AbilityEASE, Change Healthcare, AlayaCare and Availity experience preferred
- Familiar with utilizing online claims and payment portals, typically at the payer level.
- High school diploma or equivalent.
- Must read, write and comprehend English.
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