Maryland Oncology Hematology · 1 month ago
Cash Applications Specialist
Dyer, IN
Full-time
Onsite
New Grad, Entry Level
0+ years expMaryland Oncology Hematology is seeking a Cash Applications Specialist to manage cash receipts and adjustments to patient accounts. The role involves posting payments, processing refunds, and maintaining financial integrity in compliance with established guidelines.
Health CareHospitalMedicalOncology
Responsibilities
Posts line item payments and adjustments to patient accounts within 24 hours of receipt in business office according to established office guidelines
Sorts lock box receipts and post accordingly to patient accounts
Analyzes any credit accounts to determine if a refund should be processed
Processes any necessary refunds
Balances receipts, reconciles daily work batches, and prepares audit trail
Prepares deposits for bank
Maintains all checks and EOBs together by deposit date to ensure batch integrity
Identifies on primary payment (EOB) when a secondary payor is present and refers accordingly
Scans explanation of benefits for incorrect and/or inconsistencies in reimbursement
Maintains confidentiality in regards to patient account status and the financial affairs of clinic/corporation
Identifies consistent fee schedule allowable differences and communicates upline for updating
Communicates payor trends to supervisor
Qualification
Required
High school graduate or equivalent
Minimum zero to three years experience in a medical business office setting with insurance processing and balancing responsibilities
Company
Maryland Oncology Hematology
Maryland Oncology Hematology is a community based healthcare institution specialized in research and treatment of cancer patients.
501-1000 employees
Funding
Current Stage
Late StageLeadership Team
David Weng
Partner
Recent News
Maryland Daily Record
2024-12-17
Company data provided by crunchbase