Pinnacle Healthcare Consulting · 1 week ago
Cash Application Specialist
Indianapolis, IN
Full-time
Hybrid
Entry Level
$18/hr - $18/hr
1+ years expPinnacle Healthcare Consulting is a growing healthcare consulting company focused on revenue cycle management. They are seeking a Cash Application Specialist to support their mission by managing payment processing, ensuring compliance with billing regulations, and providing exceptional customer service.
Business DevelopmentHealth CareHospitalInformation Technology
Responsibilities
Posts and files all payments to the specified patient’s account in accordance with each client’s policy and procedure
Retrieve patient account payments from customer service via email on a daily basis
Process patient payments via credit card within 24 hours of receiving the payment. Retrieve credit card payments first thing the following day from which they were ran
Post approved credit card payments in billing system. Report denied payments to customer service so they may contact the patient to confirm their payment information or retrieve an alternate method of payment
Advise supervisor of denial trending
Scan deposit detail in Web Documents if needed
Review and scan documentation to identify contractual amounts, denials or payment adjustments that require posting to patient accounts. Assist in the research and correction of posting errors
Works to identify appropriate account for unidentified cash and ensures that all such cash is posted or that a refund is requested within the appropriate timelines
Process transfers and payment adjustments when appropriate
Balance payments for deposit on a daily basis
Deposit payments
Prepares monthly statements. When requested, prints and prepares receipts for account payments to mail out to patients
Complete task to director of weekly progress including reports as requested by management and accounting
Ensures compliance with all state and federal billing regulations and reports any suspected compliance issues to respective supervisor
Attends required training. Completes online training as assigned
Other duties as assigned
Qualification
Required
High School diploma or equivalent is required
One to three years of experience in accounting or a medical billing position is required
Candidate must understand government and managed care payment methodologies and demonstrate knowledge of terms such as contractual adjustment, allowed amount, coinsurance, denial and denial processes
Must have knowledge of operating common office equipment such as a copier, fax machine, telephone, printer, etc
Ability to speak clearly and concisely in communications
Must be detail-oriented and possess the ability to prioritize work and multi-task
Knowledge of business office procedures and the ability to maintain an effective working relationship with patients, employees and physicians
Proficiency in Microsoft Suite, especially Word, Excel and Outlook
Punctuality arriving at work and have regular attendance
Create effective working relationships with co-workers, physicians and management
Preferred
Associates or Bachelor's degree in a related field or equivalent years of experience is preferred
Company
Pinnacle Healthcare Consulting
Pinnacle seeks to help hospitals, health systems, physician groups and other health care organizations improve their clinical performance.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
David White
Partner
Recent News
24-7 Press Release Newswire
2025-09-04
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