Cash Application Accounting

Job Title

Analyst / Senior Analyst - Cash Clearing.

Key Responsibilities

Cash Application & Clearing

• Review and clear unapplied and unidentified cash payments.
• Analyze payment transactions and allocate them to the appropriate patient accounts.
• Resolve cash posting discrepancies and reconciliation exceptions.
• Process adjustments, refunds, and transfers as applicable.

Account Reconciliation

• Reconcile daily cash postings against bank deposits and remittance information.
• Investigate payment variances and unmatched transactions.
• Identify root causes of cash balancing issues and recommend corrective actions.

AR Resolution

• Research aged unapplied cash and outstanding credits.
• Work with billing, collections, payer, and client teams to resolve account discrepancies.
• Ensure accurate documentation of actions taken in the system.

Reporting

• Track aging of unapplied cash and open issues.
• Highlight risks and escalations to leadership.

Required Skills

• Strong understanding of Healthcare Revenue Cycle Management (RCM).
• Knowledge of Patient AR and cash posting processes.
• Experience in cash reconciliation and payment research.
• Analytical and problem-solving abilities.
• Proficiency in Excel (Pivot Tables, VLOOKUP/XLOOKUP, reporting).
• Good communication and stakeholder management skills.

Preferred Qualifications

• Graduate in Commerce, Finance, Business, or related field.
• 2-5+ years of experience in Healthcare RCM, Patient AR, Cash Posting, or Cash Clearing.
• Familiarity with Epic, Cerner, Meditech, Athena, or other healthcare systems is an advantage