CASH RECONCILIATION SPECIALIST

Summary

Who We Are :

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 (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.

KEY RESPONSIBILITIES :

• Reconciles manual and electronic bank account deposits.
• Utilizes the Payment Reconciliation system to confirm and reconcile electronic funds were deposited into the bank accounts.
• Processes bank account deposit documentation for manual deposits.
• Prepares payment batches daily for posting to patient accounts.
• Obtains insurance company Explanation of Benefits (EOB) to avoid payments getting posted to an Unidentified account.
• Prepares cash receipt accountability logs.
• Ensures deposits reconcile to bank deposit amounts and deposit date.
• Reconciles all deposits and balances to the control total provided by the bank and / or Finance Department.
• Saves and maintains deposit reconciliation and lockbox documentation according to procedure.
• Reconciles all interdepartmental transfers to the control total provided by the bank and / or Finance Department.
• Identifies deposits made into Professional Fee bank accounts that are for Facility patient accounts.
• Documents transfer transactions on Transfer Log for Finance Department. Processes interdepartmental transfers.
• Processes credit card payments and batches for Payment Posting.
• Processes credit card payments.
• Batches payments and prepares posting documentation daily for Payment Posting.

REQUIREMENTS :

Additional Information

What We Offer :

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 BRAVELY-where 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.