Cash Reconciliation Specialist

Cash Reconciliation Specialist

HYBRID POSITION SO CANDIDATES MUST BE LOCAL! LifeBridge Health is a dynamic, purpose-driven health system redefining care delivery across the mid-Atlantic and beyond, anchored by our mission to "improve the health of people in the communities we serve." Join us to advance health access, elevate patient experiences, and contribute to a system that values bold ideas and community-centered care.

About the Role:

The Cash Reconciliation Specialist reviews and reconciles bank account deposits and interdepartmental transfers and prepares insurance and patient payments for posting to the patient's account. This position reconciles electronic ACH bank deposits in the Payment Reconciliation system against deposit information in multiple bank accounts in preparation for posting to patient accounts.

Key Responsibilities:

• The Cash Reconciliation Specialist (CRS) reviews and reconciles bank account deposits and interdepartmental transfers and prepares insurance and patient payments for posting to the patient's account.
• This position reconciles electronic ACH bank deposits in the Payment Reconciliation system against deposit information in multiple bank accounts in preparation for posting to patient accounts.
• The CRS prepares financial reports of daily deposits and interdepartmental transfers for distribution within LifeBridge Health.
• Pulls images for lockbox from bank
• Pull EFT/ACH bank statement
• Obtain EOBs/remits as necessary
• Separate correspondence vs payments
• Process credit cards
• Complete cash logs
• Transfer funds to/from Facility
• Prepare received payments for payment posting

Requirements:

• HS Diploma/GED preferred
• 1-3 years of experience in a health care billing environment using an accounting/health care computer system is preferred.
• Basic understanding and application of accounting principles, bookkeeping and medical terminology preferred.
• The position requires attention to detail and the ability to multi-task and avoid distractions. This is a hybrid position with minimum one day per week on-site after successful training.
• Performance expectations must be met before remote work is available.

Keywords: Banking, Accounting, Balancing/Reconciliation, Lockbox, Deposit Team

Additional Information: Impact: Join a team that values innovation and outcomes, delivering life-saving care to our youngest and most vulnerable patients. Growth: Opportunities for professional development, including tuition reimbursement and developing foundational skills for neonatal critical care leadership and advanced certification. Support: A culture of collaboration with resources like unit-based practice councils and advanced clinical education support improving both workflow efficiency and patient outcomes and allowing you to work at the top of your license. Benefits: Competitive compensation (additional compensation such as overtime, shift differentials, premium pay, and bonuses may apply depending on job), comprehensive health plans, free parking, and wellness programs. Why LifeBridge Health? With over 14,000 employees, 130 care locations, and two million annual patient encounters, we combine strategic growth, innovation, and deep community commitment to deliver exceptional care anchored by five leading centers in the Baltimore region: Sinai Hospital of Baltimore, Grace Medical Center, Northwest Hospital, Carroll Hospital, and Levindale Hebrew Geriatric Center and Hospital. Our organization thrives on a culture of CARE BRAVELYwhere compassion, courage, and urgency drive every decision, empowering teams to shape the future of healthcare. LifeBridge Health complies with applicable Federal civil rights laws and does not discriminate on the basis of race, color, national origin, age, disability, sex or sexual orientation and gender identity/expression. LifeBridge Health does not exclude people or treat them differently because of race, color, national origin, age, disability, sex or sexual orientation and gender identity/expression.