What are the responsibilities and job description for the Cash Applications/Reimbursement Specialist position at medstar?
MedStar Health Patient Accounting currently has opportunity for a Cash Applications/Reimbursement Specialist to join our team.
We are specifically looking for candidates who have experience with healthcare cash posting, account reconciliation and the ability to read & interpret an Explanation of Benefits as well as familiarity with bank lockboxes and proficient skills in Excel.
More About the Cash Applications Team: The Cash Applications Team is responsible for the manual posting of payments received through the Cashpro lockbox process, live checks and credit cards and for the electronic posting of payments which are transmitted directly to the system and require minimal manual intervention. The department also downloads EFTs from Aurora, MedAssets and AdvancedMD to post electronic payments for the 10 MedStar Health hospitals and all Ambulatory sites.
Job Summary: Receives, reviews, and posts batches of payments, electronically or manually, for MedStar Health entities, ensuring accuracy in the posting of the receipts, payments and contractual allowances. Payments must be processed within department set standards from time of deposit.
