Position Summary

The Cash Application Analyst will assist with the daily operations of Cash Control and posting. This role ensures deposits, posting, reconciliation and the efficiency of the team is reaching sensitive time expectations. The Cash Application Analyst will assist in identifying trends and notifying CBO Revenue Cycle Manager of any deterrence in cash flow. The Cash Application Analyst will report to CBO Revenue Cycle Manager and can be given assigned tasks to support the goals and protocols of revenue cycle workflow and revenue affecting tasks.

Major Duties and Responsibilities 

• Responsible for daily review and recording of incoming payments from insurance and patients via bank deposits, EFT transactions, Lockbox, and Virtual Credit Cards


• Responsible for daily disbursement of EFT logs and batches for posting to our internal team and RCM Services


• Ensures timely reconciliation of payment posting by internal team and RCM Services


• Analyze data to determine trends in payer deposits and posting


• Assists with posting 3^rd party payments (i.e. Drug Copays, Care Credit, attorneys, liabilities, etc.)


• Assists with posting and monitoring offsets


• Assists sites with reconciliation needs


• Assists with correspondence review and/or disbursement


• Responsible for working collaboratively with the accounting department for month end reconciliation reports


• Researching posting discrepancies and locating unposted monies


• Maintains teamwork, customer service production and quality standards to assure timely, efficient and accurate issue resolution (i.e. Check searches, patient inquiries)


• Other duties as assigned