Cash Applications Specialist

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Job Description
** Overview
* * SCOPE:

Under direct supervision, is responsible for posting all cash receipts and appropriate adjustments to patient accounts. Supports and adheres to the US Oncology Compliance Program, to include the Code of Ethics and Business Standards.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

-Posts line item payments and adjustments to patient accounts within 24 hours of receipt in business office according to established office guidelines.

-Sorts lock box receipts and post accordingly to patient accounts.

-Analyzes any credit accounts to determine if a refund should be processed. Processes any necessary refunds.

-Balances receipts, reconciles daily work batches, and prepares audit trail.

-Prepares deposits for bank.

-Maintains all checks and EOBs together by deposit date to ensure batch integrity.

-Identifies on primary payment (EOB) when a secondary payor is present and refers accordingly.

-Scans explanation of benefits for incorrect and/or inconsistencies in reimbursement.

-Maintains confidentiality in regards to patient account status and the financial affairs of clinic/corporation.

-Identifies consistent fee schedule allowable differences and communicates upline for updating.

-Communicates payor trends to supervisor.

MINIMUM QUALIFICATIONS:

High school graduate or equivalent. Minimum zero to three years experience in a medical business office setting with insurance processing and balancing responsibilities.

PHYSICAL DEMANDS:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Work may require sitting for long periods of time; also stooping, bending and stretching for files and supplies. Occasionally lifting files or paper weighing up to 30 pounds.

Requires manual dexterity sufficient to operate a keyboard, calculator, telephone, copier and other office equipment. Vision must be correctable to 20/20 and hearing must be in the normal range for telephone contacts. It is necessary to view and type on computer screens for prolonged periods of time.

WORK ENVIRONMENT:

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Work is performed in an office environment. Involves frequent interaction with staff, patients and the public.
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