Cash Application Specialist

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Logo of Baylor Genetics

Baylor Genetics

501 - 1000 employees

Founded 1978

🧬 Biotechnology

🔬 Science

Biotechnology • Science

Baylor Genetics is a clinical genomics and precision diagnostics laboratory affiliated with Baylor College of Medicine that provides comprehensive genetic testing and interpretation services. The company offers whole genome and whole exome sequencing, chromosomal microarray analysis, mitochondrial testing, pharmacogenomics, and specialized assays, along with genetic counseling, provider support, and insurance/payment resources. Baylor Genetics supports healthcare providers, researchers, and families with AI-enhanced interpretation, multimodal data integration, and end-to-end clinical and laboratory services.

📋 Description

• Post payments accurately and promptly from various sources including clients, insurance companies, and patients. • Collaborate with the accounting team to ensure batches are posted correctly and that all unapplied cash is accounted for. • Track daily cash sheets and save ACH transaction details, copies of checks, and payment advice. • Ensure accurate reconciliation of accounts to balance at the end of each month. • Obtain addenda information from Bank of America and payment advice from clients and payors. • Post and manage ERA files efficiently and understand how to interpret Explanation of Benefits. • Coordinate with the accounting team regularly to ensure monthly financial balancing and resolve any discrepancies immediately. • Assist in developing and implementing processes that improve and streamline financial procedures. • Perform other duties assigned by the Associate Director of Billing and Senior Director of Revenue Cycle and Optimization

🎯 Requirements

• High school diploma • Minimum of 2-3 years of experience in revenue cycle management. • Proficient in reading Explanation of Benefits (EOB), posting ERA payments, and manual posting. • Experience with processing credit card transactions. • Proven ability to reconcile payments and batches effectively. • Proven experience as a Cash Application Specialist

🏖️ Benefits

• Equal Opportunity Employer • Inclusive and diverse workforce

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