Option Care Cash Application Specialist in Cleveland, Ohio
Option Care is a healthcare services company that at its core delivers high quality, cost effective infusion services through trusted partnerships across the healthcare system, resulting in outcomes that make a positive difference in people’s lives.
Job Description Summary:
Researches, identifies and allocates all payments and ensures that all cash is posted and distributed accurately and within required time frames under conformity to the applicable internal controls and compliance requirements.
Posts all payments and denials as they are received from lock box into the system, balances daily cash receipts against lock box total and gives to Reimbursement Manager for approval.
Completes the Cash Rec on a daily basis and makes all entries into KIS.
Runs all A/R reports necessary for month end reporting including reviewing the Cash Reconciliation and KIS entries.
Runs reports as needed or requested for the Reimbursement Manager.
Recognizes and reports any bad debt, billing or collection issues upon immediate discovery. Recognizes and reports any payer/insurance and or patient issues that could impact AR.
Basic Education and/or Experience Requirements: High School Diploma or equivalent.
Basic Qualifications & Interests:
Basic level skill in Microsoft Excel (for example: opening a workbook, inserting a row, selecting font style and size, formatting cells as currency, using copy, paste and save functions, aligning text, selecting cells, renaming a worksheet, inserting a column, selecting a chart style, inserting a worksheet, setting margins, selecting page orientation, using spell check and/or printing worksheets).
Basic level skill in Microsoft Word (for example: opening a document, cutting, pasting and aligning text, selecting font type and size, changing margins and column width, sorting, inserting bullets, pictures and dates, using find and replace, undo, spell check, track changes, review pane and/or print functions).
Preferred Qualifications & Interests: Previous Infusion Reimbursement or Intake/Admissions experience.
This job description is to be used as a guide for accomplishing Company and department objectives, and only covers the primary functions and responsibilities of the position. It is in no way to be construed as an all-encompassing list of duties.
Option Care subscribes to a policy of equal employment opportunity, making employment available without regard to race, color, religion, national origin, citizenship status according to the Immigration Reform and Control Act of 1986, sex, sexual orientation, gender identity, age, disability, veteran status, or genetic information.
Option Care is a leading provider of home and alternate treatment site infusion services. With a staff of more than 1,700 clinical experts – including specially trained infusion nurses, infusion pharmacists and registered dietitians – Option Care treats patients with a wide range of acute and chronic conditions. Comprehensive therapy management programs are offered for patients with nutrition disorders, bleeding disorders and heart failure, as well as those needing immunoglobulin (IG) therapy and anti-infective therapy. Option Care is able to provide services to 92% of the nation’s population through more than 90 infusion pharmacies and 100 alternate treatment sites across the country.