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!