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Cash Posting Specialist

Overview

Inspired by faith. Driven by innovation. Powered by humankindness. CommonSpirit Health is building a healthier future for all through its integrated health services. As one of the nation’s largest nonprofit Catholic healthcare organizations CommonSpirit Health delivers more than 20 million patient encounters annually through more than 2300 clinics care sites and 137 hospital-based locations in addition to its home-based services and virtual care offerings. CommonSpirit has more than 157000 employees 45000 nurses and 25000 physicians and advanced practice providers across 24 states and contributes more than $4.2 billion annually in charity care community benefits and unreimbursed government programs. Together with our patients physicians partners and communities we are creating a more just equitable and innovative healthcare delivery system.

Responsibilities

The following are representative of the duties and responsibilities the Cash Posting Specialist is  expected to perform while exemplifying the five YRMC values of integrity respect accountability quality and commitment.

  • Completes appropriate posting of payments to the accounts receivable and applies denials using the collection tool and policies and procedures to achieve department and hospital  goals. 
  • Researches all overpayments and ensures batches balance with the remittances.
  • Ensures miscellaneous cash is posted to the correct GL numbers. 
  • Posts contractual agreement and other adjustments on a daily basis ensuring appropriate account reconciliation and resolution.  
  • Maintains and facilitates communication within the business and clinical divisions.
  • Responds professionally and within appropriate timeframes to telephone e-mail and task  inquiries. 
  • Participates in staff meetings performance improvement activities and committees as assigned. Utilizes Issues Log when necessary. 
  • Meets productivity standards for posting payments and denials in an effort to achieve claim resolution.  
  • Other job duties as assigned.

Qualifications

  • High School graduate or GED 
  • Six months of clerical experience in an office setting; hospital or clinic collection  experience preferred Basic math skills necessary to resolve accounting issues related to cash posting
  • Basic knowledge of accounting principles preferred; credit accounting or accounts receivable experience preferred 
  • Knowledge of coding rules and guidelines and the ability to appropriately interpret EOBs  for acute care and ambulatory services preferred 
  • Knowledge of 835 process to ensure accurate posting of accounts preferred  ∙ Excellent interpersonal skills and the ability to effectively communicate verbally and in  writing providing excellent customer service 
  • Excellent organizational skills and the ability to handle multiple priorities/tasks  simultaneously in a fast paced environment  
  • Ability to maintain acute attention to detail 
  • Basic computer literacy and proficiency in Microsoft Windows 
  • Basic proficiency with MS Office (Outlook Word Excel) 
  • Experience with insurance billing computer applications preferred 
  • Ability to operate 10 key calculator by touch 

While you’re busy impacting the healthcare industry we’ll take care of you with benefits that include health/dental/vision FSA matching retirement plans paid vacation adoption assistance annual bonus eligibility and more!

Average salary estimate

$47500 / YEARLY (est.)
min
max
$40000K
$55000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Cash Posting Specialist, UNAVAILABLE

Are you ready to make a significant impact in the healthcare industry? As a Cash Posting Specialist at CommonSpirit Health in Prescott Valley, you will play a vital role in ensuring that payments are accurately posted to accounts receivable. Your efforts will help maintain the financial integrity of our healthcare services, which are celebrated for their innovation and compassion. Every day, you’ll work with a team that embodies our values of integrity, respect, accountability, quality, and commitment. You'll be responsible for posting payments and applying denials efficiently while managing communication within both the business and clinical divisions. In addition to your essential tasks like reconciling accounts and researching overpayments, you’ll have the opportunity to participate in performance improvement activities, shaping not just your role, but the future of our healthcare delivery systems. If you have strong clerical skills, a keen attention to detail, and the ability to multitask in a fast-paced environment, then this might just be the perfect fit for you. At CommonSpirit Health, we believe in taking care of our employees just as we take care of our patients, offering benefits that enrich your life, such as health and dental coverage, retirement plans, and much more. Join us in creating a healthier future for all through your excellent service and commitment as a Cash Posting Specialist.

Frequently Asked Questions (FAQs) for Cash Posting Specialist Role at UNAVAILABLE
What are the primary responsibilities of a Cash Posting Specialist at CommonSpirit Health?

As a Cash Posting Specialist at CommonSpirit Health, your primary responsibilities will include accurately posting payments to accounts receivable, applying denials, and ensuring all overpayments are researched and resolved. You will also maintain communication across various divisions and manage miscellaneous cash postings to the correct GL numbers, helping achieve department goals.

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What qualifications do I need to become a Cash Posting Specialist at CommonSpirit Health?

To become a Cash Posting Specialist at CommonSpirit Health, you should have a High School diploma or GED and at least six months of clerical experience in an office environment, preferably in a hospital or clinic setting. Basic math skills, knowledge of accounting principles, and familiarity with insurance billing applications will greatly support your success in this role.

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How does CommonSpirit Health support the career development of Cash Posting Specialists?

CommonSpirit Health is committed to the professional growth of its employees, including Cash Posting Specialists. You’ll have access to ongoing training opportunities, participation in performance improvement activities, and the chance to attend staff meetings that help enhance your skills while fostering a culture of excellence and collaboration within the organization.

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What kind of work environment can I expect as a Cash Posting Specialist at CommonSpirit Health?

As a Cash Posting Specialist at CommonSpirit Health, you can expect a collaborative and fast-paced work environment. You will be part of a supportive team that values communication, quality of work, and innovation, while also working to meet productivity standards for posting payments and resolving claims efficiently.

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What benefits can I expect as a Cash Posting Specialist with CommonSpirit Health?

As a Cash Posting Specialist with CommonSpirit Health, you can expect a robust benefits package that includes health, dental, and vision insurance, FSA matching, retirement plans, paid vacation, adoption assistance, and eligibility for annual bonuses. We prioritize employee well-being just as much as our patient care.

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Common Interview Questions for Cash Posting Specialist
Can you describe your experience with posting payments and resolving discrepancies?

When answering this question, draw on specific examples from your past experiences where you successfully posted payments and addressed discrepancies. Highlight your attention to detail and any systems or software you utilized to ensure accuracy in your work.

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What strategies do you use to manage multiple tasks in a fast-paced environment?

Explain your organizational strategies, such as prioritizing tasks based on deadlines or importance. You can also mention any tools or techniques like to-do lists, calendar reminders or any specific software that aids your productivity in maintaining focus amidst multiple tasks.

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How do you ensure accuracy when posting payments?

Discuss the importance of double-checking entries and maintaining an organized workflow. You might mention reviewing remittance advice against account data for accuracy and any previous experiences where your thoroughness helped rectify potential errors.

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What do you understand about coding principles in relation to cash posting?

In your answer, express your basic understanding of coding principles related to healthcare billing. You might mention the importance of interpreting Explanation of Benefits (EOB) documentation effectively and how it relates to cash posting practices.

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How would you handle a difficult communication situation with a colleague?

Provide an example where clear communication was essential in resolving a misunderstanding or disagreement. Emphasize your commitment to professionalism and the importance of active listening while maintaining a collaborative approach.

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What experience do you have with Microsoft Office and general computer applications?

When answering this question, highlight your proficiency in Microsoft Office, specifically Outlook, Word, and Excel. Share any relevant experiences using these tools in your previous jobs to complete tasks effectively and efficiently.

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Describe a time you identified an overpayment or error. What did you do?

In your response, illustrate a specific situation where you spotted an overpayment or other errors in your work. Explain the steps you took to address the issue and how it played a role in achieving a successful resolution.

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How do you stay motivated during repetitive tasks?

Discuss strategies you employ to maintain focus and motivation, such as setting small goals, rewarding yourself upon completion of tasks, or finding unique ways to enhance your workflow to keep the work engaging.

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What do you think is the most important quality for a Cash Posting Specialist at CommonSpirit Health?

Share your thoughts on qualities such as attention to detail, strong communication, and teamwork. Discuss how these qualities are paramount in ensuring accuracy in financial processes within the healthcare context.

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How would you ensure compliance with company policies while performing cash postings?

Highlight the importance of adhering to established protocols and guidelines. Mention how you would familiarize yourself with CommonSpirit Health’s policies and procedures and ensure that your work aligns with those standards.

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EMPLOYMENT TYPE
Full-time, on-site
DATE POSTED
April 19, 2025

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