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Cash Posting Rep Jobs in Indiana (NOW HIRING)

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Cash Posting Rep information

What are some common challenges faced by a Cash Posting Rep, and how can they be managed?

Cash Posting Reps often encounter challenges such as reconciling discrepancies between payments received and billed amounts, handling high transaction volumes, and resolving posting errors quickly to maintain accurate financial records. Effective communication with billing teams and attention to detail are crucial for resolving these issues. Utilizing automated systems and regularly reviewing account postings can help streamline processes and minimize errors, enabling Cash Posting Reps to manage their workload efficiently and support the revenue cycle team.

What is the difference between Cash Posting Rep vs Billing Specialist?

AspectCash Posting RepBilling Specialist
Primary RolePosting payments and reconciling accountsPreparing and submitting insurance claims and invoices
CredentialsHigh school diploma or equivalent; some roles may require certificationHigh school diploma; some roles may require coding or billing certifications
Work EnvironmentMedical offices, hospitals, or billing companiesMedical billing departments, healthcare facilities
Industry UsageCommonly used in healthcare revenue cycle managementUsed in healthcare billing and coding processes

The main difference between a Cash Posting Rep and a Billing Specialist lies in their core responsibilities. The Cash Posting Rep focuses on posting payments received and reconciling accounts, while the Billing Specialist handles preparing and submitting claims. Both roles require similar credentials and work in healthcare settings, but their functions within the revenue cycle are distinct.

What does a Cash Posting Rep do?

A Cash Posting Rep is responsible for accurately recording and reconciling payments received by a healthcare facility or organization. They post payments from patients, insurance companies, and other sources to the appropriate patient accounts in the billing system. Their work ensures that account balances are updated promptly, which helps maintain accurate financial records and supports the revenue cycle process. Cash Posting Reps may also identify discrepancies, resolve payment issues, and communicate with other departments to ensure proper allocation of funds.

What is a cash posting representative?

A cash posting representative is responsible for accurately recording payments received from patients or insurance companies into a healthcare facility's billing system. They verify payment details, ensure proper account posting, and may use billing software to reconcile accounts and support financial accuracy. Attention to detail and knowledge of healthcare billing procedures are essential for this role.

What jobs pay $700 a day?

Cash Posting Representatives typically do not earn $700 a day; their salaries are usually based on hourly wages or salaries that are significantly lower. High-paying jobs that can reach or exceed $700 daily often include specialized roles such as surgeons, anesthesiologists, or certain executive positions, which require advanced skills, certifications, and experience. These roles are generally found in healthcare, finance, or executive management environments.

How can I make $2000 a week working from home?

A Cash Posting Representative can potentially earn $2000 a week by working full-time, gaining experience, and handling high-volume billing or insurance claims efficiently. Developing strong attention to detail, proficiency with billing software, and understanding healthcare reimbursement processes can increase earning potential. However, such income levels typically require consistent effort, specialized skills, and possibly additional certifications or advanced roles within medical billing and coding.

What jobs pay 4000 a week without a degree?

A Cash Posting Representative typically earns less than $4,000 weekly, as this role usually offers hourly wages or salaries below that level. High-paying jobs that can reach $4,000 a week without a degree often include sales positions, real estate agents, or skilled trades like plumbing or electrical work, which rely on experience, certifications, and commissions rather than formal education.

What are the key skills and qualifications needed to thrive as a Cash Posting Rep, and why are they important?

To thrive as a Cash Posting Rep, you need strong numerical accuracy, attention to detail, and knowledge of basic accounting principles, often supported by a high school diploma or equivalent. Familiarity with healthcare billing software, electronic remittance systems, and Microsoft Excel is typically required. Strong organizational skills, problem-solving abilities, and effective communication set top performers apart in this role. These skills ensure timely and precise posting of payments, which is crucial for maintaining accurate financial records and supporting efficient revenue cycle management.
PATIENT REP IV-REFUND

PATIENT REP IV-REFUND

Methodist Hospitals

Merrillville, IN โ€ข On-site

Full-time

Posted 13 days ago


Job description

Accurately review and process all third party payor, collection agency, patient, and other payments. Review the accuracy of credit balance status and prepare the necessary documentation for refunds.
PRINCIPAL DUTIES AND RESPONSIBILITIES(*Essential Functions)

  1. Reviews work-queues for credit balances and determines resolution.

  2. Reports Medicare Credits to the Medicare Collection Associate for claim adjusting and files Quarterly report to Medicare.

  3. Research and prepare refund requests and adjustments to correct account balances.

  4. Process refunds/adjustments to the appropriate unit or clinic and reoccurring accounts.

  5. Codes accounts for unit billing payments, deductibles, coinsurance, co-pay, etc., for contract management system.

  6. Responds to customer phone calls regarding requests for refunds.

  7. Identifies and notifies Finance of unclaimed property to be turned over to the State.

  8. Reviews, logs and reports on Medicaid Audits for possible billing to other payers.


JOB SPECIFICATIONS(Minimum Requirements)

    KNOWLEDGE, SKILLS, AND ABILITIES
  • Accuracy rate of 95% must be maintained.
  • Productivity requirement of 8.67 accounts per hour must be met.
  • Insurance Audit Requests must be logged, investigated, and findings reported within timeline requirement.
  • New credit balances reviewed each day to ensure accurate cash posting to account.
  • Trends of credits need to be reported in order to find a resolution.
  • Agencies must be contacted to ensure all debts are settled before refunding.
  • Knowledge of UB-92 and 1500 billing preferred.
  • Must have working knowledge of insurance claim filing, collections, and established refund processing procedures.
  • Ability to prioritize job functions, work independently and exercise good judgment.
  • Must possess good written and verbal communication skills.
  • Must possess good organizational/analytical skills and mathematical aptitude.
  • Proficient use of calculator and minimum typing (55 wpm).
  • Basic personal computer skills.

EDUCATION
  • High School Diploma/GED Equivalent General Studies Required
  • Associates Business Preferred
  • 6 Healthcare/Medical - Business Office Required

STANDARDS OF BEHAVIOR
Meets the Standards of Behavior as outlined in Personnel Policy and Procedure #1, Employee Relations Code.
CONFIDENTIALITY/HIPAA/CORPORATE COMPLIANCE
Demonstrates knowledge of procedures for protecting and maintaining security, confidentiality and integrity of employee, patient, family, organizational and other medical information. Understands and supports the commitment of Methodist Hospitals in adhering to federal, state and local laws, rules and regulations governing ethical business practices for healthcare providers.
DISCLAIMER - The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. The statements are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required.

Methodist Hospitals logo

About Methodist Hospitals

Sourced by ZipRecruiter

Methodist Hospitals is a reputable institution in the healthcare and medical industry with its base in Gary, Indiana, United States. A trusted name in comprehensive medical services, the organization is primarily known for its robust offering in the fields of emergency and acute medical care, tracking back its foundational roots to the year 1923. Catholic nun Sister Gesuina set up the hospital with the sole mission of providing affordable healthcare services to the residents of Gary. Today, their mission stays true to promoting health, healing, and well-being in the communities they serve, encompassing a diverse representation of races, ethnicities, genders, ages, religions, abilities, and sexual orientations.

Industry

Health care and social assistance

Company size

1,001 - 5,000 Employees

Headquarters location

Gary, IN, US

Year founded

1923

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