MGM Healthcare · 20 hours ago
Cash Posting Specialist
Creve Coeur, MO
Full-time
Onsite
New Grad, Entry LevelMGM Healthcare provides rehabilitation and skilled nursing services across multiple states, and they are seeking a Cash Posting Specialist to support their revenue cycle. This role is responsible for accurately posting and reconciling cash receipts, ensuring payments are applied correctly and timely across various facilities.
Health CareHospitalHospitality
Responsibilities
Post private pay and miscellaneous cash receipts for multiple facilities using the organization’s billing and accounting systems
Review and post payments received via ACH, checks, credit cards, and third-party vendors (e.g., Inovalon or similar platforms)
Process both automated and manual cash batches, ensuring payments are applied to the correct resident accounts and dates
Review deposit documentation for accuracy, completeness, and proper allocation prior to posting
Follow up with facility or business office staff when posting instructions or documentation are unclear
Maintain deposit logs to track posted and unposted payments
Investigate and resolve discrepancies, missing deposits, or posting variances in collaboration with treasury and facility teams
Assist with bank statement and deposit log reconciliation on a monthly basis
Support month-end close activities related to cash posting and treasury reconciliation
Process returned checks and ACH transactions, including posting reversals and applicable fees in accordance with company policy
Ensure proper documentation and communication for all returned or adjusted payments
Maintain organized electronic records of deposits, receipts, and posting support documentation
Follow established internal controls, policies, and procedures related to cash handling and posting
Contribute to process improvement efforts by identifying opportunities for increased efficiency or accuracy
Perform additional duties as assigned to support the revenue cycle and finance teams
Qualification
Required
Prior experience in cash posting, accounts receivable, or healthcare revenue cycle strongly preferred
Strong attention to detail with the ability to manage high volumes of transactions accurately
Proficiency with billing systems, accounting software, and Microsoft Excel
Ability to work independently, prioritize tasks, and meet deadlines
Strong communication skills and ability to collaborate with cross-functional teams
Preferred
Experience working with multi-facility or centralized billing environments is a plus
Company
MGM Healthcare
MGM Healthcare offers healthcare, retirement and assisted living facility services.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Naftali Friedman
Chief Financial Officer
Dov Winter
Chief Operating Officer
Recent News
2025-12-25
Company data provided by crunchbase