Cash Receivable Specialist
Signature Performance
- Location
- United States
- Work style
- Remote only
- Job type
- Full time
- Posted
- Nov 5
- 1 day ago
Career path
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About the company
Signature Performance
Hospital & health care · 1,001 to 5,000 employees
You are uncommon. We are, too. We are looking for people to help us in our mission of working hard at lowering healthcare administrative costs for federal government agencies, payers, and providers. At Signature, our mission is to improve the health of our clients' business and make the lives of the people we work with better. As we continue to experience exponential growth, we are looking for uncommon individuals to enhance our vision. We will continue to accomplish our mission by leading with our values of Passion, Courage, Integrity, and Respect in all interactions, making us a consistent annual Best Places to Work organization. We need uncommon leaders with uncommon qualities to shape our uncommon culture and achieve our uncommon mission.
What you'll do
- Accurately post payments from various sources into the billing system
- Balance cash reports and ensure accurate recording and balancing of collected cash
- Make adjustments to patient accounts and process refunds for overpayments
- Inspect and interpret Explanations of Benefits (EOBs)
- Research and correct posting errors, and notify staff of payment issues and trends
- Generate reports related to payment posting, reconciliation, and cash balancing
- Provide data to management on payer trends affecting claims payment
- Maintain expertise in multiple current client systems
What you need
- Processing Payments: Accurately posting payments from various sources, including checks, electronic payments, and remittances from insurance companies and patients into the billing system.
- Reconciling Accounts: Balancing cash reports and ensuring the accurate recording and balancing of collected cash.
- Adjustments and Refunds: Making necessary adjustments to patient accounts, processing refunds for overpayments, and reconciling outstanding balances.
- EOB Review: Inspecting and interpreting Explanations of Benefits (EOBs) from insurance companies to understand payment details, adjustments, and denials.
- Error Resolution: Researching and correcting posting errors, and notifying appropriate staff members of payment issues and trends.
- Reporting: Generating reports related to payment posting, reconciliation, and cash balancing.
- Collaboration: Working closely with other members of the billing and financial department, responding to requests regarding account balance issues.
- Confidentiality: Maintaining the confidentiality of patient records and adhering to HIPAA guidelines.
- Provide data to management on trends found with payers in claims adjudication process affecting claims payment
- Maintain expertise in multiple current client systems
- Maintain up to date knowledge of revenue cycle management, industry trends
- Perform other duties as necessary.
- Acts as an effective team member.
Key skills
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Perks
- Health Insurance
- Fully Paid Life Insurance
- Paid Vacation
- Paid Sick Leave
- Paid Holidays
- 401(k) Program with Employer Match
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