Cash Application Specialist

Organizational Profile

Founded in 1991, IBJI is the largest orthopedic group practice in Illinois. With more than 150 physicians in every orthopedic specialty, IBJI offers care for adults and children from some of the most accomplished and respected orthopedists in the country. Serving northern Illinois and northwest Indiana with over 100 locations, IBJI makes it easy to access care. Our headquarters is in Park Ridge, Illinois, a northwest suburb of Chicago.

Our clinical services include advanced MRI imaging, pain management, non-surgical and surgical treatment plans, rheumatology, physical therapy, occupational therapy, wellness, and sports and sports training. Ortho Access walk-in clinics provide same day care for orthopedic injuries. Comprehensive care offered all in one place enables physicians, therapists and staff to work closely together, so that patients and families achieve better outcomes.

Collaborative care is also more efficient. In many cases, IBJI services are substantially less expensive than those provided by large healthcare systems and emergency rooms.

Full-time

Founded in 1991, IBJI is the largest orthopedic group practice in Illinois. With more than 150 physicians in every orthopedic specialty, IBJI offers care for adults and children from some of the most accomplished and respected orthopedists in the country. Serving northern Illinois and northwest Indiana with over 100 locations, IBJI makes it easy to access care. Our headquarters is in Park Ridge, Illinois, a northwest suburb of Chicago.

Our clinical services include advanced MRI imaging, pain management, non-surgical and surgical treatment plans, rheumatology, physical therapy, occupational therapy, wellness, and sports and sports training. Ortho Access walk-in clinics provide same day care for orthopedic injuries. Comprehensive care offered all in one place enables physicians, therapists and staff to work closely together, so that patients and families achieve better outcomes.

Collaborative care is also more efficient. In many cases, IBJI services are substantially less expensive than those provided by large healthcare systems and emergency rooms.

The cash application specialist will ensure all patient and insurance payments are posted accurately, will resolve any discrepancies and identify valid insurance credits/refunds.

• Post payments received via ACH, credit card and lockboxes to corresponding patient accounts
• Efficiently research, analyze, and post Electronic Remittance Files (ERAs/835s) and Explanation of Benefits (EOBs)
• Contact payers via phone, mail and payer portals to resolve outstanding credits or to locate patient information
• Ensure successful month end closing and reconciliation
• Post and allocate payments in multiple EMR tools for several entities of IBJI
• Correct and upscale any payment posting discrepancies accordingly
• Efficiently resolve unapplied payments and refund inquiries in Epic work queues
• Participate in projects designed to improve cash application processes or procedures
• Identify trends and upscale them to the corresponding third party
• Meet all set performance requirements for both quality and productivity
• Establish and maintain a positive relationship with other departments
• Maintain a clean and safe work environment.
• Other duties as assigned.

• High School graduate or equivalent required

• Not applicable

• Minimum 3 years’ experience in healthcare revenue cycle, specifically payment posting and cash reconciliation

• Ability to interpret Explanation of Benefits (EOBs), all ANSI codes and Provider Level Balance (PLB)…