About this Cash Application Representative I role at Advocate Health
Department:
Status:
Benefits Eligible:
Hours Per Week:
Schedule Details/Additional Information:
Monday-Friday 0700-1700 (flexible)
Pay Range:
$21.85 - $32.80Major Responsibilities:
Accurately post high volumes of payments, denials, and adjustments from electronic remittance advices (ERAs), paper EOBs, and patient payments.
Apply all payments including bank lockbox, 835 files, credit card, check payments, and accounting GL transfers, to the appropriate patient accounts in a timely and accurate manner.
Post non-cash vouchers and manual adjustments, ensuring proper documentation and reconciliation of all transactions.
Monitor and resolve unapplied cash daily, working to reduce both unapplied and undistributed funds from clearing and patient account perspectives.
Reconcile posted payments with bank deposits and remittance files to ensure accuracy and completeness.
Accurately post all denials and route them to the appropriate departments for follow-up.
Maintain proficiency in integrated systems and tools used for payment posting and account management.
Perform administrative tasks such as filing, photocopying, and processing PDFs of related documents.
Adhere to Advocate Health policies, procedures, productivity and quality standards, and internal audit guidelines.
Demonstrate strong organizational and time management skills to meet daily posting and reconciliation deadlines.
Apply basic accounting and accounts receivable (AR) management principles to ensure financial accuracy and integrity.
Licensure, Registration, and/or Certification Required:
None Required.
Education Required:
Associate degree or Equivalent Experience
Experience Required:
2 years of Experience in Project Management or Cash Operations related fields.
Knowledge, Skills & Abilities Required:
Accuracy and attention to detail
Reading and understanding EOB
Initiative and Team Collaboration
Good organizational ability and communication skills
Basic bookkeeping and strong mathematics aptitude
Consistently exercise logic and reasoning to assess and resolve problems.
Physical Requirements and Working Conditions:
Lifting 10 pounds or more for mailing.
Sitting for extended periods of time.
Preferred Job Requirements
Preferred Education:
Bachelor’s Degree or 3 years of revenue cycle experience
Preferred Experience:
2-3 years of Experience in Project Management or Cash Operations related fields.
DISCLAIMER
All responsibilities and requirements are subject to possible modification to reasonably accommodate individuals with disabilities.
This job description in no way states or implies that these are the only responsibilities to be performed by an employee occupying this job or position. Employees must follow any other job-related instructions and perform any other job-related duties requested by their leaders.
Our Commitment to You:
Advocate Health offers a comprehensive suite of Total Rewards: benefits and well-being programs, competitive compensation, generous retirement offerings, programs that invest in your career development and so much more – so you can live fully at and away from work, including:
Compensation
Base compensation listed within the listed pay range based on factors such as qualifications, skills, relevant experience, and/or training
Premium pay such as shift, on call, and more based on a teammate's job
Incentive pay for select positions
Opportunity for annual increases based on performance
Benefits and more
Paid Time Off programs
Health and welfare benefits such as medical, dental, vision, life, and Short- and Long-Term Disability
Flexible Spending Accounts for eligible health care and dependent care expenses
Family benefits such as adoption assistance and paid parental leave
Defined contribution retirement plans with employer match and other financial wellness programs
Educational Assistance Program
Note: Eligibility for programs listed above may depend on your FTE or status (e.g., full-time, part-time, per diem, temporary, etc.); please ask a Recruiter for more information during an interview.
About Advocate Health
Advocate Health is the third-largest nonprofit, integrated health system in the United States, created from the combination of Advocate Aurora Health and Atrium Health. Providing care under the names Advocate Health Care in Illinois; Atrium Health in the Carolinas, Georgia and Alabama; and Aurora Health Care in Wisconsin, Advocate Health is a national leader in clinical innovation, health outcomes, consumer experience and value-based care. Headquartered in Charlotte, North Carolina, Advocate Health services nearly 6 million patients and is engaged in hundreds of clinical trials and research studies, with Wake Forest University School of Medicine serving as the academic core of the enterprise. It is nationally recognized for its expertise in cardiology, neurosciences, oncology, pediatrics and rehabilitation, as well as organ transplants, burn treatments and specialized musculoskeletal programs. Advocate Health employs 155,000 teammates across 69 hospitals and over 1,000 care locations, and offers one of the nation’s largest graduate medical education programs with over 2,000 residents and fellows across more than 200 programs. Committed to providing equitable care for all, Advocate Health provides more than $6 billion in annual community benefits.
