What are the responsibilities and job description for the Cash Posting Specialist II position at Millennium Health?
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.
- 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 prepares 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 EOBs.
- Accurately prepare 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.
- Ability to ensure HIPAA, Confidentiality, and Compliance policies, procedures, and standards are always adhered to.
- Ability to ensure administrative, physical, and technical cyber security controls are always adhered to.
- 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
- Medical, Dental, Vision, Disability Insurance
- 401k with Company Match
- Paid Time off and Holidays
- Tuition Assistance
- Behavioral and Health Care Resources
Potential Hiring Range:
- Salary Range: $37,440-$40,560 /yr. or $18-$19.50/hr.
- Salary offered is dependent on qualifications, experience, and geographical location.
Salary : $37,440 - $40,560