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Cash Application Specialist (Hybrid)

BayMark Health Services
BayMark Health Services Salary
Lewisville, TX Full Time
POSTED ON 2/2/2025
AVAILABLE BEFORE 3/3/2025

Description

Cash Application Specialist  Reporting directly to the Cash Applications Supervisor, the Cash Applications Specialist for BayMark Health Services, Inc. will perform cash applications and payment posting functions. Cash Application Specialist will be responsible for accurate, timely posting and reporting for all cash receipts both paper and electronic in all systems at BayMark Health Services. Responsibilities:   
  • Reports any problems or adverse trends to Supervisor or Lead
  • Participate in required trainings as appropriate to maintain compliance with state and federal agencies.
  • Participate in meetings as required.
  • Ability to review the payment and banking data to identify rejections, suspense receipts, and patterns that adversely affect revenue
  • Ensure cash posted is true reflection of the payer adjudication and the bank receipt
  • Download, review, reconcile and post all lockbox payments on a current and daily basis.
  • Post insurance/patient payments received via lock box or EFT daily for company.
  • Calculates all contractual allowances to be posted in conjunction with the cash posting.
  • Research and resolve unapplied cash.
  • Validate and process refunds.
  • Reconciliation of patient accounts.
  • Respond to inquiries concerning account balances, third party payments, etc., from patients or clinic staff in a timely manner
  • Good customer service and communication skills with all levels of the organization
  • Must be present during working hours at the office for in person meetings and access to a computer without violating company policy
  • Review and process information received in a very fast-paced fashion
  • Ability to maintain a positive attitude and provide customer support to clinics as well as
  • NSC staff
  • Remain composed in a stressful environment and deal with frequent deadlines and multiple priorities
  • Comply with internal controls, policies and procedures to ensure all federal and state regulations are in adherence
  • Comply with BayMark policies and procedures, Compliance Policy and Code of Ethics
  • Conduct all business activities in a professional and ethical manner adhering to medical necessity compliance and financial compliance
  • Uphold company mission, vision and values
  • Support leadership in maintaining a positive working environment
  • Must be able to focus on presented activity in distracting environments
  • May perform other duties as assigned
 Qualifications:  
  • Must be at least 18 years of age
  • Previous physician office, hospital billing, or cash application experience required (2 years)
  • Must have strong working knowledge in managed care, governmental, and commercial reimbursement
  • Excellent verbal and written communication skills
  • Data entry experience. Ability to fill in for other employees as needed
  • Compliance with all HIPAA policies
  • Proficient in basic PC skills. Microsoft Word and Excel required
  • Ability to multi-task and handle large volume of detail work accurately and efficiently and meet deadlines
  • Compliance with accepted professional standards and practices
  • Satisfactory references from employers and/or professional peers
  • Satisfactory criminal background check
  • Satisfactory drug screen
  Benefits:
  • Competitive salary
  • Comprehensive benefits package including medical, dental, vision and 401(K)
  • Generous paid time off accrual
  • Excellent growth and development opportunities
  • Satisfying and rewarding work striving to overcome the opioid epidemic
 Here is what you can expect from us: BayMark Health Services specializes in the treatment of opioid addiction.  BayMark Health Services provides medication-assisted treatment services in a variety of modalities and settings through our divisions: BAART Community HealthCare, Health Care Resource Centers and MedMark Services, Inc.  BayMark Health Services, also provides traditional primary health care services, as well as integrated primary care, in select locations. BayMark Health Services is committed to Equal Employment Opportunity (EEO) and to compliance with all Federal, State and local laws that prohibit employment discrimination on the basis of race, color, age, natural origin, ethnicity, religion, gender, pregnancy, marital status, sexual orientation, citizenship, genetic disposition, disability or veteran’s status or any other classification protected by State/Federal laws.

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