Cash Application Specialist

Cash Application Specialist

At Claritev, we pride ourselves on being a dynamic team of innovative professionals. Our purpose is simple - we strive to bend the cost curve in healthcare for all. Our dedication to service excellence extends to all our stakeholders - internal and external - driving us to consistently exceed expectations. We are intentionally bold, we foster innovation, we nurture accountability, we champion diversity and empower each other to illuminate our collective potential.

Be part of our amazing transformational journey as we optimize the opportunity towards becoming a leading technology, data, and innovation voice in healthcare. Onward and Upward!!!

JOB SUMMARY

The Cash Applications Specialist works under general supervision and has significant impact on financial reporting. An incumbent applies basic skills and knowledge to complete work that is not complex in nature, with more complex issues referred to a higher level. This position properly records payment, researches and obtains details from the client and/or Customer Finance Rep. regarding cash posting and receipts.

DUTIES

1. Process assigned daily cash receipt batches in the Accounting Billing system timely and accurately.
2. Review the Receipts/Billing mailbox to ensure that all items are processed timely.
3. Enter vital payment information into Bank System as established in guidelines adhering to MultiPlan internal controls.
4. Use all available resources to identify proper payment application and to resolve payment discrepancies. Maintain all related support documentation.
5. Reconcile assigned deposits by both batch and date to the Accounting and Bank systems.
6. Participate as needed in special projects or initiatives.
7. Collaborate, coordinate, and communicate across disciplines and departments.
8. Ensure compliance with HIPAA regulations and requirements.
9. Demonstrate commitment to the Company's core values.
10. The position responsibilities outlined above are in no way to be construed as all encompassing. Other duties, responsibilities, and qualifications may be required and/or assigned as necessary.
11. Please note due to the exposure of PHI sensitive data - this role is considered to be a High Risk Role.

COMPENSATION

The salary range for this position is 40k-45k annually ($19.23-$21.63). Specific offers take into account a candidate's education, experience and skills, as well as the candidate's work location and internal equity. This position is also eligible for health insurance, 401k and bonus opportunity.