Cash Application Specialist

LifeLine Ambulance Illinois -

Cash Application Specialist Job Type:

Full Time Location:

Skokie/Hybrid/Remote Company Name:

LifeLine Ambulance Illinois Company Slogan:

Driven By Care Job Summary:

At LifeLine Ambulance Illinois, we are committed to delivering exceptional patient care and setting the standard for quality ambulance services. As a crucial member of our finance team, we are seeking a highly organized and detail-oriented Cash Application Specialist to join our dynamic and growing organization. As a Cash Application Specialist, you will play a pivotal role in ensuring the financial integrity of our organization by accurately processing payments, reconciling accounts, and resolving discrepancies in a timely and efficient manner.

Key Responsibilities:

Payment Processing:

Post payments received via Electronic Funds Transfers (EFT), lockbox files, insurance Explanation of Benefits (EOB), and manual checks or credit cards into the billing system.

Reconciliation:

Balance daily cash batches to remittance advices and reconcile posted checks against actual bank deposits.

Adjustments & Denials:

Process contractual adjustments, write-offs, and insurance denials in accordance with company policies and federal/state regulations.

Discrepancy Resolution:

Identify and resolve overpayments, underpayments, and unidentified receipts. This includes researching misapplied payments and contacting payers to resolve application issues.

Required Qualifications:

Experience:

2+ years in Cash Application or Accounts Receivable with a track record of meeting closing KPIs.

Accounting Logic:

A strong understanding of how cash applications impact the broader financial statement and the importance of a timely close process.

Software Skills:

Proficiency in Microsoft Office (Word, Excel) and strong typing skills.

Education:

High school diploma or equivalent required

Core Competencies:

Time Management:

Proven ability to manage high transaction volumes while meeting rigid daily, weekly, and monthly deadlines.

Professionalism:

A positive attitude with a high degree of accountability, flexibility, and the initiative to master new tasks.

Analytical Thinking:

Ability to recognize A/R trends, multi-task, and solve complex billing problems independently.

What We Offer:

An hourly salary range of $20 - $23 Health, Dental, Vision Insurance 401k Match How to

Apply:

If you are a detail-oriented and organized individual with excellent analytical skills, we encourage you to apply for this exciting opportunity to join our team. Please submit your application to become a Cash Application Specialist at LifeLine Ambulance Illinois.

Note:

Apply now to join our team of dedicated professionals and help us deliver exceptional patient care and financial management. We look forward to hearing from you!