Cash Applications Specialist
OneOncology
Job Overview
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Job Description
Cash Applications Specialist
OneOncology is positioning community oncologists to drive the future of cancer care through a patient-centric, physician-driven, and technology-powered model. Our team brings together leaders from oncology, technology, and finance to improve the lives of everyone living with cancer.
Job Description
The Cash Applications Specialist is responsible for the daily preparation and posting of receipts, balancing payments, and running daily reports. This role supports community oncologists by ensuring precise cash management and quick resolution of payment discrepancies.
Responsibilities
- Prepare lock boxes and post payments from previous day EOBs.
- Run daily balancing reports and correct discrepancies.
- Maintain daily close schedule as coordinated by the supervisor.
- Process offset and clearing accounts to eliminate transitional balances.
- Utilize managed care profiles, AWP grids, and related tools to ensure proper insurance payment.
- Advise supervisor on insurance issues identified in EOBs.
- Post Zero Pay EOBs and operate both electronic and manual posting systems.
- Record system comments relating to postings and remittances.
- Maintain a general understanding of HCPCS, ICD, and CPT oncology coding and carrier requirements.
- Perform additional duties as required to support the mission of OneOncology.
Competencies
Essential job functions include perfect attendance, Alpha Numeric data entry with speed and accuracy, effective production environment work, and proficiency with MS Word, Excel, Outlook along with patient billing systems. Customer service, active listening, clear communication, problem-solving, and detailed review skills are crucial. Familiarity with medical billing, HCPCS, CPT, ICD codes, and scanning equipment is also required.
Qualifications
High School diploma or equivalent is required. 1-2 years of experience in a similar role, preferably with cash posting experience in a medical setting.
Key skills/competency
- Cash Posting
- Medical Billing
- Reconciliation
- Payment Processing
- EOB Handling
- Reporting
- Data Entry
- HCPCS
- CPT
- ICD
How to Get Hired at OneOncology
- Research OneOncology's culture: Explore their mission, values, and recent news.
- Customize your resume: Emphasize cash posting and medical billing skills.
- Highlight technical proficiency: Showcase Excel and software competency.
- Prepare examples: Demonstrate handling discrepancies and process improvements.
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