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Cash Applications Specialist

Cash Applications Specialist

MedixIndianapolis, IN, United States
3 days ago
Job type
  • Full-time
Job description

You are applying for a position through Medix, a staffing agency. The actual posting represents a position at one of our clients.

Job Summary

Our client is seeking a Revenue Cycle Cash Application Supervisor to lead all cash posting and application activities within the Revenue Cycle department. This role involves supervising a team of approximately 10 cash application specialists and ensuring accuracy, timeliness, and compliance with company policies and payer requirements. As the right hand to the Cash Application Manager, the Supervisor will drive efficiency, maintain data integrity, and support a culture of accountability and collaboration.

Key Responsibilities

  • Supervise the daily cash posting workflow, including delegation and monitoring of assignments.
  • Oversee processing of all incoming payments (approximately $100M+ monthly; 300-500 batches per team member).
  • Review and reconcile all batches to ensure they balance back to bank extracts and reporting.
  • Partner closely with Treasury to assign operations on bank reports and confirm accuracy.
  • Conduct quality reviews ("chair side reviews") of cash posting to identify and correct errors; implement re-education where needed.
  • Assist the Director and Manager with reporting on cash receipts and posting metrics.
  • Develop, coach, and mentor team members to meet performance and quality goals.
  • Lead performance improvement plans and employee reviews as needed.
  • Ensure staff receive ongoing and new-hire training necessary to meet department standards.
  • Handle HR-related issues in coordination with leadership and Human Resources.
  • Collaborate with leadership to identify process improvements and enhance team efficiency.
  • Meet regularly with leadership to discuss department performance, challenges, and successes.
  • Perform other duties as assigned to support departmental and company goals.

Performance Metrics

  • Timely closure of all cash batches prior to month-end.
  • Department DSO (Days Sales Outstanding) metrics maintained within target range.
  • Accuracy of postings verified through chair side reviews and reporting.
  • Staff adherence to established processes and turnaround times.
  • Skills

  • Strong communication skills.
  • Analytical thinking.
  • Ability to work effectively in a fast-paced, high-volume environment.
  • Benefits

  • Paid Sick Leave (Medix provides paid sick leave according to state and local sick leave ordinances).
  • Health Benefits / Dental / Vision (Medix offers 6 different health plans : 3 Major Medical Plans, 2 Fixed Indemnity Plans (Standard and Preferred), and 1 Minimum Essential Coverage (MEC) Plan. Eligibility for health benefits is based on verifying that an average of 30 hours per week during the first 4 weeks of the work assignment has been met. If you meet eligibility requirements and take action to enroll, you will be covered no earlier than 60 days into your assignment, depending on plan selection(s)).
  • 401k (Eligible on the first 401k open enrollment date following 6 consecutive months on assignment. 401k Open Enrollment dates are 1 / 1, 4 / 1, 7 / 1, and 10 / 1).
  • Short Term Disability Insurance.
  • Term Life Insurance Plan.
  • Required Employment / Compliance Language

    Our client is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.

  • We will consider for employment all qualified Applicants, including those with criminal histories, in a manner consistent with the requirements of applicable federal, state, and local laws, including the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance (FCIHO), Los Angeles Fair Chance Ordinance for Employers (ULAC), The San Francisco Fair Chance Ordinance (FCO), and the California Fair Chance Act (CFCA).
  • Medix Overview :

    With over 20 years of experience connecting organizations with highly qualified professionals, Medix is a leading provider of workforce solutions for clients and candidates across the healthcare, scientific, technology, and government industries. Through our core purpose of positively impacting lives, we're dedicated to creating opportunities for job seekers at some of the nation's top companies. As an award-winning career partner, Medix is committed to helping talent find fulfilling and meaningful work because our mission is to help you achieve yours.

  • As a job position within our Revenue Cycle division, a successful completion of a background check may be required as a condition of employment. This requirement is directly related to essential job functions including but not limited to : accessing financial and confidential information, handling financial and other payment data, and working within departments that care for vulnerable populations, such as, minors, elderly and those with physical or mental disabilities. Due to these job duties, this position has a significant impact on the business operations and reputation, as well as the safety and well-being of individuals who may be cared for as part of the job position or who may interact with staff or clients.
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