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Cash Posting Specialist

TEKsystems
$22.00 - $25.00 / hr
life insurance, sick time, 401(k), retirement plan
United States, Maryland, Catonsville
Mar 06, 2025
Job Title: Cash Posting Specialist Location: Catonsville, MD (ONSITE NOT REMOTE) Schedule: Monday- Friday 8AM-5PM full time Start: ASAP Job Description: The Cash Posting Specialist is responsible for performing research, correction, and updates within the accounts receivable management systems to ensure billing and receipt of compensation for services provided in resident care. This role involves a variety of tasks related to billing, collection, reimbursement calculation, cash posting, and reconciliation on assigned inventory. Key Responsibilities: * Process and accurately apply all incoming payments for all customer accounts from sources including live checks, credit cards, daily cash, electronic lockbox, and wire transfers. * Identify and communicate discrepancies in payments received with department credit analysts. * Prepare and charge all credit card clients on the scheduled designated cycle or as prescribed by payment plan. * Download, review, reconcile, and post all lockbox payments on a current and daily basis. * Maintain and update all customer ACH information. * Invoice all NSF rejects and ensure communication to the collections department. * Perform reconciliation of daily deposits to the cash postings. * Research unidentified payments for proper posting or return to the payer. * Responsible for processing credit card payments. * Calculate all contractual allowances to be posted in conjunction with the cash posting. * Responsible for month-end closing activity including report generation and distribution on automated accounting systems. * Produce daily customer cash receipts reports. * Research and resolve unapplied cash and gain approval from the Accounting Manager monthly. * Prepare detailed, accurate, and organized accounts receivable reconciliations for customer requests as well as internal requests. * Initiate unapplied payment and chargeback correspondence to customers. * Maintain responsibility for unapplied payments and lockbox bookkeeping accounts in assigned areas. Qualifications: * Minimum two (2) years of healthcare accounts receivable experience in billing, collections, cash posting, or other healthcare revenue cycle-related experience. * Graduation from an accredited two-year college with major coursework in Accounting, Finance, Business Administration, Healthcare Finance/Administration, or related field of study is preferred. * Current Certified Revenue Cycle Specialist (CRCS-I) from the American Association of Healthcare Administrative Management (AAHAM) is preferred. * Knowledge of billing, collections, and cash posting processes in a healthcare provider environment. * Medicare, Medicaid, and Managed Care experience is a plus. * Experience working with CPT and ICD-10. * Knowledge of medical terminology. * Knowledge of Federal, State, and third-party electronic claims submission, denials, and reimbursement practices. * Experience working with CMS1500 and UB04 claim forms. * Knowledge of Vision or other medical practice management systems. * Proficient knowledge of Microsoft Office, including Excel, Word, and Outlook. * High School Diploma or equivalent is required. Additional Skills & Qualifications: * Strong attention to detail and accuracy. * Excellent communication and interpersonal skills. * Ability to work independently and as part of a team. * Strong organizational and time management skills. * Ability to handle multiple tasks and meet deadlines. Pay and Benefits The pay range for this position is $22.00 - $25.00/hr. * Medical, dental & vision * Critical Illness, Accident, and Hospital * 401(k) Retirement Plan - Pre-tax and Roth post-tax contributions available * Life Insurance (Voluntary Life & AD&D for the employee and dependents) * Short and long-term disability * Health Spending Account (HSA) * Transportation benefits * Employee Assistance Program * Time Off/Leave (PTO, Vacation or Sick Leave) Workplace Type This is a fully onsite position in catonsville,MD. Application Deadline This position is anticipated to close on Mar 19, 2025. About TEKsystems: We're partners in transformation. We help clients activate ideas and solutions to take advantage of a new world of opportunity. We are a team of 80,000 strong, working with over 6,000 clients, including 80% of the Fortune 500, across North America, Europe and Asia. As an industry leader in Full-Stack Technology Services, Talent Services, and real-world application, we work with progressive leaders to drive change. That's the power of true partnership. TEKsystems is an Allegis Group company. The company is an equal opportunity employer and will consider all applications without regards to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.