Cash Applications Specialist - Houston, TX

Position Summary:

The Cash Applications Specialist is responsible for reviewing daily bank account activity and classifying all incoming transactions as insurance payments, patient payments, or non-collections. This role ensures that all payments are accurately identified, organized, and documented so they can be passed to the posting team for application in the revenue cycle system.

This role does not post payments. It focuses on reviewing, classifying, and preparing bank activity for downstream processing.

Details:

• Location: Hybrid (4 days onsite, 1 day remote)
• Pay: $23–$25/hour (DOE)
• Interview: One-round interview + EOB assessment
• Start Date: Targeting early June
• Address: 1776 Yorktown St Floor 2 & 7, Houston, Texas 77056, United States
• Duration: Contract to hire, 800-hour contract
• Hybrid schedule: 4 days onsite, 1 day remote (rotating schedule)

Required Qualifications:

• Experience in healthcare collections or revenue cycle operations
• Strong understanding of Explanation of Benefits (EOBs)
• Experience with bank reconciliation or payment analysis
• Proficiency in Microsoft Excel (including spreadsheets and pivot tables)
• Experience communicating with insurance payers
• Strong attention to detail and ability to research payment discrepancies

Preferred Qualifications:

• Experience with cash posting or payment posting workflows
• Familiarity with clearinghouse systems (e.g., Waystar)
• Experience in medical billing, collections, or insurance follow-up

Key Responsibilities:

Bank Account Review

• Review daily bank transactions
• Identify and categorize incoming payments:
  • Insurance payments
  • Patient payments
  • Non-collections

Payment Breakdown

• Break down deposits into:
  • Individual payments
  • Bulk payments
  • Credit card batches
• Record details in Excel

Research & Issue Resolution

• Investigate unclear or missing payments
• Review EOBs for correct payment details
• Contact insurance companies for clarification
• Help determine proper payment posting

Documentation & Reporting

• Create deposit summary sheets for posting teams
• Clearly document payment types and breakdowns
• Provide organized data for accurate posting

Reconciliation & Timeliness

• Reconcile bank activity for accuracy and completeness
• Complete work within 3-business-day window
• Support month-end close by resolving discrepancies

Why Apply?

This role offers stability, supportive management, and an opportunity to strengthen your revenue cycle skills in a hands-on healthcare finance environment. Take the next step in your career and apply today.

 

^*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).

^*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.