Found Description
Description
Position Summary
The Collections/Cash Applications Administrator is responsible for managing the accurate and timely application of payments, resolving payment discrepancies, and overseeing collection activities to ensure optimal cash flow. This role plays a critical part in maintaining the financial health of the organization by ensuring patient accounts and insurance payments are processed efficiently and in compliance with healthcare regulations.
Key Responsibilities
+ Cash Applications:
+ Accurately post patient and insurance payments to the appropriate accounts in the billing system.
+ Reconcile daily deposits and electronic remittance advice (ERA) with bank statements.
+ Research and resolve unapplied or misapplied payments promptly.
+ Collections:
+ Monitor aging reports and follow up on outstanding balances with patients and insurance carriers.
+ Initiate collection calls, sen...
Position Summary
The Collections/Cash Applications Administrator is responsible for managing the accurate and timely application of payments, resolving payment discrepancies, and overseeing collection activities to ensure optimal cash flow. This role plays a critical part in maintaining the financial health of the organization by ensuring patient accounts and insurance payments are processed efficiently and in compliance with healthcare regulations.
Key Responsibilities
+ Cash Applications:
+ Accurately post patient and insurance payments to the appropriate accounts in the billing system.
+ Reconcile daily deposits and electronic remittance advice (ERA) with bank statements.
+ Research and resolve unapplied or misapplied payments promptly.
+ Collections:
+ Monitor aging reports and follow up on outstanding balances with patients and insurance carriers.
+ Initiate collection calls, sen...
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