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Cash Applications Specialist

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Job Description - Cash Applications Specialist

Description

Job Title: Cash Applications Specialist

Job Type: Full-Time

Location:  Hybrid, requiring 2 to 3 days in the office 

We are seeking a highly motivated Cash Applications Specialist to join Providence Anesthesiology Associates (PAA). The successful candidate will be responsible for processing and posting insurance and patient payments in a timely manner, auditing claims paid by insurance carriers, and ensuring the accuracy of payments. The Cash Applications Specialist will also assist intra-departmental staff to resolve accounts and perform daily bank deposits. The ideal candidate will have strong analytical skills, attention to detail, and a commitment to producing quality work.

Responsibilities:

  • Complete daily assigned tasks based on deadline.
  • Posts insurance payments including all bill types and corresponding contractual adjustments to patient accounts.
  • Research unidentified payments, missing information requests, and insurance recoupments to ensure accuracy of ransactions.
  • Review account transactional history to determine credit balances for patients and/or insurance to request refund.
  • Provide coverage for tasks assigned by management.
  • Identifies and resolves posting discrepancies; reviews, approves, and prepares adjustments and/or refunds as necessary.
  • Identifies system and/or carrier issues, reports them to management for review, and follows up on escalated issues.
  • Ensure compliance with all Health Insurance Portability and Accountability Act (HIPAA) standards.
  • Performs other duties as required or assigned within the scope of responsibility.

Requirements:

  • High school diploma required; Associates degree preferred
  • Over one (1+) year of experience in healthcare cash posting or accounting is preferred. 
  • Strong analytical skills and attention to detail
  • Commitment to producing quality work
  • Proficiency with medical billing software systems 

We are an equal opportunity employer and welcome all qualified candidates to apply. We celebrate diversity and are committed to creating an inclusive environment for all employees.

Requirements

 About Providence Anesthesiology Associates Headquartered in Charlotte, North Carolina, Providence Anesthesiology Associates (PAA) is an independent physician owned practice compromised of over 140 anesthesiologists. Founded in 1991, PAA provides anesthesia and perioperative care at numerous healthcare facilities throughout North and South Carolina, serving more than 232,000 patients annually.

Why work for PAA?

PAA continues to experience impressive growth and success. Our anesthesiologists are among the most elite in their field.

Our physicians are committed to providing the best culture and experience to their employees. Awarded one of the Top Workplaces in 2021 - 2023, PAA’s core values include commitment, accountability, performance, integrity, transparency, adaptability, and leadership. We do what’s right and don’t compromise.

What’s in it for you?

  • Strong workplace culture. We care about each other as people. We build relationships and connections beyond the time spent on the job. We offer a supportive, highly team-oriented work environment.
  • We provide competitive total rewards including salary, benefits – Day 1, retirement, profit sharing, life insurance, paid time off, holidays, education reimbursement, employee recognition for birthdays and anniversaries, fun team building events, and more.
  • We want you to succeed and our employer to employee relationship is proven to help you reach your goals and the goals of PAA.

What else should you know?

  • Providence Anesthesiology Associates is an equal opportunity employer and does not tolerate discrimination based on any protected status.
  • PAA participates in E-Verify. E-Verify is an internet-based system that compares the information you provide on the Form I-9 with information from the Social Security Administration and Department of Homeland Security records.
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