Cash Posting Specialist

Cash Posting Specialist

  • Location BENTONVILLE, AR
  • Career Area Walmart Health
  • Job Function Clinic
  • Employment Type Regular/Permanent
  • Position Type Salary
  • Requisition WD1290499

What you'll do at

Position Summary...

What you'll do...

Identifies and posts accounts receivable payments and/or contractual/regulatory adjustments to the appropriate accounts in Walmart’s practice management system.

Balances individual batches to banking documents by running indicated reports.

Performs accounting calculations as needed to distribute payments and/or adjustments to the proper accounts or line items. Analyzes explanations of benefits properly post payments.

Processes approved refunds on credit balances or unapplied monies.

Reallocates payments according to company policies and procedures.

Identifies payment or accounts receivable discrepancies and confers with internal or external parties to resolve.

Identifies patterns and trends for potential cash posting issues and reports them to the Cash Posting Manager or Team Lead.

Completes daily reconciliation report to balance CHC deposits to bank deposits.

Complies with posting deadlines to ensure that the Cash Posting Manager can complete weekly and monthly reporting requirements (within 48 hours of receipt and balance to $0 by month end).

Demonstrates an understanding of payer contracts, including requirements that apply to specific payers, offices, or providers.

Answers and resolves internal calls, emails, and SharePoint inquiries that cannot be resolved by Accounts Receivable associates or field staff.

Participates in team meetings to share updates, trends, or other appropriate feedback related to payments and adjustments.

Demonstrates knowledge of government payers, third-party payers, billing requirements, and reimbursement methods.

Interprets payer contracts and explanations of benefits.

Demonstrates up-to-date expertise and applies this to the development, execution, and improvement of action plans by providing expert advice and guidance to others in the application of information and best practices; supporting and aligning efforts to meet customer and business needs; and building commitment for perspectives and rationales.

Provides and supports the implementation of business solutions by building relationships and partnerships with key stakeholders; identifying business needs; determining and carrying out necessary processes and practices; monitoring progress and results; recognizing and capitalizing on improvement opportunities; and adapting to competing demands, organizational changes, and new responsibilities.

Models compliance with company policies and procedures and supports company mission, values, and standards of ethics and integrity by incorporating these into the development and implementation of business plans; using the Open Door Policy; and demonstrating and assisting others with how to apply these in executing business processes and practices.

Live our Values: Culture Champion - Models the Walmart values to foster our culture; holds oneself accountable; and supports Walmart's commitment to communities, corporate social responsibility, and sustainability; maintains and promotes the highest standards of integrity, ethics and compliance.

Live our Values: Servant Leadership - Is consistently humble, self-aware, honest, and transparent.

Embrace Change: Curiosity & Courage - Demonstrates curiosity and a growth mindset; supports innovation and intelligent risk-taking; and exhibits resilience in the face of setbacks.

Embrace Change: Digital Transformation & Change - Implements and supports continuous improvements and willingly embraces new digital tools and ways of working.

Deliver for the Customer: Customer Focus - Delivers results while putting the customer first and applying an omni merchant mindset and the EDLP and EDLC business models to all plans.

Deliver for the Customer: Strategic Thinking - Adopts a broad perspective that considers data, analytics, customer insights, and different parts of the business when making plans.

Focus on our Associates: Diversity, Equity & Inclusion - Embraces diversity in all its forms and actively supports diversity of ideas and perspectives, as well as diversity goal programs.

Focus on our Associates: Collaboration & Influence - Builds strong and trusting relationships with team members and business partners; works collaboratively to achieve objectives; communicates with impact to a range of audiences; and demonstrates energy and positivity for own work.

Focus on our Associates: Talent Management - Contributes to an environment allowing everyone to bring their best selves to work, demonstrates engagement and commitment to the team, and recognizes others' contributions and accomplishments.

Minimum Qualifications...

Outlined below are the required minimum qualifications for this position. If none are listed, there are no minimum qualifications.

2 years’ experience working in a billing/collections environment.
3 years’ experience in payment posting.
Prior work experience in a role involving HIPAA regulations.
Prior work experience in a posting clearinghouse.

Preferred Qualifications...

Outlined below are the optional preferred qualifications for this position. If none are listed, there are no preferred qualifications.

Prior work experience in a role requiring knowledge of dental terminology.

Primary Location...

2608 Se J St, BENTONVILLE, AR 72712, United States of America

About Walmart

At Walmart, we help people save money so they can live better. This mission serves as the foundation for every decision we make, from responsible sourcing to sustainability—and everything in between. As a Walmart associate, you will play an integral role in shaping the future of retail, tech, merchandising, finance and hundreds of other industries—all while affecting the lives of millions of customers all over the world. Here, your work makes an impact every day. What are you waiting for?

Walmart, Inc. is an Equal Opportunity Employer- By Choice. We believe we are best equipped to help our associates, customers, and the communities we serve live better when we really know them. That means understanding, respecting, and valuing diversity- unique styles, experiences, identities, abilities, ideas and opinions- while being inclusive of all people.

Hello, NW Arkansas

With over 200 miles of trails, an emerging locally-sourced food scene, the world-renowned Crystal Bridges Museum—NWA has something for everyone.

Discover NW Arkansas
Northwest Arkansas
NWA Crystal Bridges Museum of American Art

All the benefits you need for you and your family

  • Multiple health plan options, including vision & dental plans for you & dependents
  • Financial benefits including 401(k), stock purchase plans, life insurance and more
  • Associate discounts in-store and online
  • Education assistance for Associate and dependents
  • Parental Leave
  • Pay during military service
  • Paid Time off - to include vacation, sick, parental
  • Short-term and long-term disability for when you can't work because of injury, illness, or childbirth

Eligibility requirements apply to some benefits and may depend on your job classification and length of employment. Benefits are subject to change and may be subject to specific plan or program terms. For information about benefits and eligibility, see One.Walmart.com/Benefits.

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