Cash Posting Specialist

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Ovation Healthcare

WebsiteLinkedInAll Job Openings

201 - 500 employees

Founded 45 years

⚕️ Healthcare Insurance

☁️ SaaS

📚 Education

Healthcare Insurance • SaaS • Education

Ovation Healthcare is a leading provider of shared services for independent hospitals and health systems. With over 45 years of experience, the company enhances hospital and system performance through services like leadership advisory, supply chain management, revenue cycle management, technology services, and clinical care management. Ovation Healthcare is dedicated to supporting the financial and clinical needs of hospitals while preserving their focus on patient care and community wellness. Their educational programs and consulting services aim to strengthen hospital operations, making healthcare delivery more efficient and effective.

📋 Description

• Payment posting manual/Electronic (ERA’s) patient and insurance payments, adjustments, and/or denials • Locate remittances & payments in various portals &/or clearinghouse • Read and interpret EOB’s • Apply copay/coinsurance and deductible balances to patient responsibility • Review of patient account balances as needed to determine posting accuracy • Perform payment deposit downloads and bank reconciliations • Daily cash reconciliation and reporting • Research and resolve unapplied accounts • Flexibility to cross train/assist with training/cover for other team members and/or with other projects as needed • Identify and report on trends/issues • Prepare, reconcile and complete the local bank deposits for mail patient/insurance/accounting payments & other hospital/clinic departments (does not apply to home-based candidates) • Maintain/reconcile petty cash funds, process point of service patient payments (does not apply to home-based candidates) • Post monthly agency payment reports • Work to resolve unidentified deposits • Work posting issue work queues

🎯 Requirements

• Minimum of 3-5 years (preferred) prior direct cash handling experience in healthcare setting • High school diploma or GED equivalent required • 10 key calculator skills preferred • Ability to read, speak, and write fluent English • Data entry experience • Familiarity with computers (MS/Excel applications) • Basic to intermediate Excel skills preferred • Requires developed communication skills to effectively work with all levels of management, peers and clients • Possesses excellent written and verbal communications • Ability to work as a team member, creating and maintaining effective working relationships • Must adapt and demonstrate the ability to work independently in a quiet, dedicated workspace from home in a fast-paced, changing and goal-oriented environment • Must be detail oriented, a strong multi-tasker, resourceful and possess the ability to apply critical thinking skills to make good and independent decisions • Candidate must exhibit excellent time management organizational skills.

🏖️ Benefits

• Health insurance • 401(k) matching • Flexible work hours • Paid time off