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Cash Posting & Credit Balance Manager – Physician PFS
Guidehouse. Oversee cash application and credit balance operations .
Core Competencies
Role fitCore Competencies
Use this summary to align your resume positioning with the role.
Demonstrates expertise in overseeing cash application and credit balance operations within a healthcare environment, ensuring accurate posting and reconciliation of accounts receivable. Proven ability to manage teams effectively while maintaining compliance with audit procedures and governmental regulations.
Highest-signal resume keywords
Cash Application ManagementCredit Balance ResolutionPeople Management ExperienceAccounts ReconciliationHealthcare Industry Experience
ATS Keywords
Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills
Accounts Receivable ManagementPayment PostingAdjustment ProcessingElectronic Remittance PostingData AnalysisKPI ManagementSLA MaintenanceControl Log CompletionPayment Summary PreparationTrend Identification
Soft Skills
Strong Written CommunicationStrong Verbal CommunicationProject InitiationIndependent Work
Tools & Technologies
Microsoft WordMicrosoft ExcelWindows EnvironmentMultiple Systems Experience
Industry Keywords
Healthcare ProviderPayorInsuranceOutsourcing CompanyAudit ProceduresGovernmental Regulations
About the role
Key responsibilities & impact- Oversee cash application and credit balance operations
- Supervise Cash Application Specialists and Credit Balance Specialists
- Ensure accurate and timely posting of accounts receivable payments and adjustments
- Reconcile accounts and daily deposits
- Resolve credit balances and unidentified payments
- Process internal and external refund requests
- Oversee cash and adjustment posting systems, processes, and workloads
- Prepare payment summary information for Accounting and Business Office Management
- Ensure timely responses to patient, client, and internal inquiries
- Analyze and reconcile accounts and correct posting errors and accounting discrepancies
- Receive, identify, and batch over-the-counter payments
- Complete control logs, balance receipts and daily bank deposits, and prepare payment summaries
- Post electronic remittances from third-party payers and reconcile electronic funds transfers
- Maintain account notes and supporting information
- Update patient demographic information and initiate appropriate account adjustments
- Identify trends in credit balances and account discrepancies and escalate issues
- Resolve account balances to zero before referral to an outside collection agency
- Maintain separation of duties and comply with audit procedures and governmental regulations
- Collaborate with onshore and offshore leadership
- Manage teams to meet and maintain KPI and SLA targets
- Perform other related duties as assigned
Requirements
What you’ll need- Bachelor's Degree and a minimum 7 years' of prior relevant experience, or an Associates Degree and a minimum 9 years' of prior relevant experience
- Relevant experience may be substituted for formal education or advanced degree
- Previous experience within a healthcare provider, payor, insurance, professional business or an outsourcing company
- Of the required relevant experience, a minimum of two years must include people management experience
- 3+ years cash//credit/adjustment experience with a healthcare provider or an outsourcing company
- Multiple systems experience
- Knowledge and utilization of desktop applications including Word and Excel
- Ability to initiate and follow through on projects and work independently
- Strong written and verbal communication skills
- PC skills in a Windows environment
- Ability to work remotely from any location in the United States
- Up to 10% travel
- No clearance required
Benefits
Comp & perks- Medical, Rx, Dental & Vision Insurance
- Personal and Family Sick Time & Company Paid Holidays
- Discretionary variable incentive bonus may be available
- Parental Leave
- 401(k) Retirement Plan
- Basic Life & Supplemental Life
- Health Savings Account
- Dental/Vision & Dependent Care Flexible Spending Accounts
- Short-Term & Long-Term Disability
- Tuition Reimbursement
- Personal Development & Learning Opportunities
- Skills Development & Certifications
- Employee Referral Program
- Corporate Sponsored Events & Community Outreach
- Emergency Back-Up Childcare Program
- Flexible benefits package