Bay Cove Human Services Hiring for Cash Application Specialist- Accounting-Bonus $3,000 Job at Boston, MA Full Time

Bonus: $3,000, $1,500 at 3 months, $1,500 at 6 months

Rate: $22.60

Reports To: 3rd Party Team Leader

Job Summary:
Our mission is to provide high-quality services to children and adults who face the lifelong challenges of mental illness, drug/alcohol dependency, and developmental disabilities. The Third Party Analyst supports this mission by the daily administration of third party billing and accounts receivable.

Supervisory Responsibilities:

• None

Responsibilities:

• Collections Activities
• Oversee payment management including all cash application (Third party and Dynamics on an as needed basis).
• Distribute cash received from payers within 3 business days of bank deposit.
• Notify Director of A/R of rate changes at the conclusion of cash application, if applicable.
• Maintain an excel spreadsheet each month with a listing of each deposit for third party and amounts to reconcile with the monthly bank statement.
• Initiate printing of paper bills for 3rd party billing. Initiate printing of data for appeals and corrective billing.
• Responsible for ensuring that all cash received for 3rd Party programs is entered into the Hill billing system prior to month end close.
• Consistently communicate cash issues to Director of A/R, to ensure that these issues are addressed and resolved in a timely manner
• Upon request of Director of A/R, initiate information for appeal/corrective billing within all designated timeframes

Other Tasks

• Reconcile revenue entered into Dynamics against Financial Income Statement on a monthly basis.
• Reconcile Dynamics accounts on a monthly basis to confirm accurate balances.
• Develop and maintain procedures and best practices to ensure compliance with federal and state regulations and payer requirements
• Maintain the confidentiality of client information according to HIPAA regulations
• Complete special projects as necessary and other relevant duties as assigned

Requirements:

• Minimum of three years experience in relevant third party operations functions required
• Proficiency in MS Excel and computer literacy; ability to learn new software quickly
• Proficiency in Hill A/R Plus or similar software preferred
• Highly developed organizational skills and ability to meet deadlines in a fast-paced work environment
• Demonstrated ability to work effectively and collaboratively with a diverse population of colleagues, program staff, and payers
• Demonstrated ability to work both independently and within a team
• Professional documentation and communication skills
• Ability to be flexible, open, and responsive to ongoing industry changes
• Ability to identify opportunities and obstacles and develop effective, creative responses to both problem-solving and the pursuit of new opportunities
• Commitment to excellent performance and willingness to follow through on all reasonable means to complete assigned functions in the most timely and accurate fashion possible
• Ability to attend meetings at various locations within and without Bay Cove
• An acceptable CORI (criminal record assessment)

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