Cash Posting Specialist II

AI overview

The Cash Posting Specialist II accurately posts cash batches and reconciles payments while adhering to strict compliance guidelines and participating in team activities.

Millennium Health LLC is an accredited specialty laboratory with more than a decade of experience in medication monitoring and drug testing services, helping clinicians monitor the use and misuse of prescription medications and illicit drugs. The testing is used by healthcare professionals to obtain objective information about patients’ recent use of prescription medications and/or illicit drugs and helps monitor the effectiveness of treatment plans.

The Cash Posting II role is responsible for accurately posting manual and electronic cash batches, adjustments, and denials and reconciling posted cash batches.

Essential Functions

  • Responsible for accurately posting manual and electronic cash batches, adjustments and denials and reconciling posted cash batches.
  • Scans live checks via the bank remote deposit process and prepare the daily WI deposit batches.
  • Review all remittance advices for accuracy to identify errors or questionable data.
  • Research and resolve unapplied/unidentified cash receipts.
  • Reconciles payments and shortages for both paper and electronic EOB’s.
  • Accurately prepare a Deposit Summary Sheet for each batch and balances to daily deposits.
  • Assists with monthly close functions.
  • Ability to meet individual and team goals with minimal errors as assigned by the A/R Supervisor/Manager, Uphold Medicare, Medicaid, and HIPAA compliance guidelines about billing, collections, and PHI information.
  • Participates in educational activities and attends weekly staff meetings.
  • Maintains strictest confidentiality; adheres to all HIPAA guidelines/regulations.

Requirements

  • High School Diploma or GED
  • Minimum two years of posting medical insurance payments experience
  • Ability to read and understand the different types of health insurance EOBs
  • Communicate and work effectively in a team environment
  • Ability to read, understand, and follow oral and written instructions
  • Knowledge of computer programs and business office procedures
  • Ability to operate a computer, 10-key by touch, and basic office equipment
  • Must be well-organized and detail-oriented
  • Ability to meet deadlines and goals in a high-volume, fast-paced environment is required
  • Knowledge of cash accounting and accounts receivable process
  • Flexibility to work overtime

Benefits

  • Medical, Dental, Vision, Disability Insurance 
  • 401k with Company Match  
  • Paid Time off and Holidays 
  • Tuition Assistance 
  • Behavioral and Health Care Resources

POTENTIAL HIRING RANGE

 $18.00-$21.00- per hour

Offers are based on location, skills, knowledge, and abilities of the selected candidate.

Millennium Health is an Equal Opportunity/Affirmative Action Employer and E-verify participant. All qualified applicants will receive consideration for employment without regard to race, color, creed, sex, national origin, disability, gender identity, sexual orientation or protected veteran status.

California Employee Privacy Notice - Millennium Health LLC

Perks & Benefits Extracted with AI

  • Education Stipend: Tuition Assistance
  • Health Insurance: Medical, Dental, Vision, Disability Insurance
  • Behavioral and Health Care Resources: Behavioral and Health Care Resources
  • Paid Time Off: Paid Time off and Holidays

Millennium Health LLC is an accredited specialty laboratory with more than a decade of experience in medication monitoring and drug testing services, helping clinicians monitor use and misuse of prescription medications and illicit drugs. The testing is used by healthcare professionals to obtain objective information about patients’ recent use of prescription medications and/or illicit drugs and helps monitor the effectiveness of treatment plans.

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Salary
$18 – $21 per hour
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