Business Services - Cash Applications Specialist Sr Job at UCHealth
UCHealth Colorado Springs, CO 80903
$19.67 - $25.57 an hour
Business Services- Cash Applications Specialist Sr.
We are looking for a passionate and experienced Cash Applications Specialist Sr. to join our team. We process high volumes of debit/credit balances, payment transaction reconciliation with focus on identifying discrepancies in payment and payor contracts. As part of our team, you reconcile account receivables and complete proper resolution of funds while observing all relevant regulations. Our ideal candidate is a motivated problem-solver who can collaborate effectively on larger teams and independently as well as possess accurate data entry skills with a keen eye for detail. This is a full-time, hourly position on UCHealth's Cash Applications team. You may be based in Fort Collins, Colorado Springs or Metro Denver CO. This is 80% work from home, 20% on-site in office.
Job Duties
Refunds/Credits:
Reconciliation:
We are looking for a passionate and experienced Cash Applications Specialist Sr. to join our team. We process high volumes of debit/credit balances, payment transaction reconciliation with focus on identifying discrepancies in payment and payor contracts. As part of our team, you reconcile account receivables and complete proper resolution of funds while observing all relevant regulations. Our ideal candidate is a motivated problem-solver who can collaborate effectively on larger teams and independently as well as possess accurate data entry skills with a keen eye for detail. This is a full-time, hourly position on UCHealth's Cash Applications team. You may be based in Fort Collins, Colorado Springs or Metro Denver CO. This is 80% work from home, 20% on-site in office.
Job Duties
Refunds/Credits:
- Review of all payments and adjustments that have been applied to a charge or service line, which resulted in the credit balance, to determine appropriate resolution.
- Process refunds according to current policy.
- Compile and save supporting documentation for insurance refunds and overpayment letters.
- Read and interpret Explanation of Benefit statements to identify proper adjustments according to claims processing criteria
- Maintain or exceed productivity goals and quality standards.
Reconciliation:
-
- Reconcile account receivables for remittances and cash management transactions
- Create and maintain regular reporting to accurately track financial information
- Perform periodic audits of remittance and cash management documents
- Responsible for accurately identifying all payment discrepancies, batch errors, or other inconsistencies within remittances and deposits. This includes financial institutions as well as our accounting system
- Monthly reporting to financial department and organizational leadership
Requirements
- High School Diploma or GED
- 1 year of relevant experience
Preferred
- Healthcare experience
- Cash Applications experience in a professional setting
- Requires critical thinking skills and demonstrate a high degree of accuracy within a high-volume transactional environment
- Must possess advanced keen sense of detail and organization
- Decisive judgment and the ability to work with minimal supervision
- Strong written and verbal communication skills
- Ability to multitask and prioritize amid time sensitive deadlines
- Ability to work with and effectively communicate with all levels of Management
The pay range for this position is: $19.67 - $25.57 / hour. Pay is dependent on applicant's relevant experience.
UCHealth offers a Five Year Incentive Bonus to recognize employee's contributions to our success in quality, patient experience, organizational growth, financial goals, and tenure with UCHealth. The bonus accumulates annually each October and is paid out in October following completion of five years' employment.
UCHealth offers their employees a competitive and comprehensive total rewards package:
- Full medical, dental and vision coverage
- Retirement plans to include pension plan and 403(b) matching
- Paid time off. Start your employment at UCHealth with PTO in your bank
- Employer-paid life and disability insurance with additional buy-up coverage options
- Tuition and continuing education reimbursement
- Wellness benefits
- 5 year incentive bonus
- Full suite of voluntary benefits such as identity theft protection and pet insurance
- Education benefits for employees, including the opportunity to be eligible for 100% of tuition, books and fees paid for by UCHealth for specific educational degrees. Other programs may also qualify for up to $5,250 pre-paid by UCHealth or in the form of tuition reimbursement each calendar year
Loan Repayment: UCHealth is a qualifying employer for the federal Public Service Loan Forgiveness (PSLF) program! UCHealth provides employees with free assistance navigating the PSLF program to submit their federal student loans for forgiveness through Savi.
At UCHealth, we do things differently
We believe in something different: a focus on the individuality of every person. In big ways and small, we exist to improve the extraordinary lives of all those we serve. As Colorado's largest and most innovative health care system, we as a team deliver on the commitment to provide the best possible experience for our patients and their families. We foster a true human connection and give people the freedom to live extraordinary lives. A career at UCHealth is more than a job, it's a passion.
Going beyond quality requires the perfect balance of talent, integrity, drive and intellectual curiosity. We are looking for individuals who recognize, like us, that the world of medicine is ever-changing and are motivated to do what is right, not what is easy. We support creativity and curiosity so that each of us can find the extraordinary qualities within ourselves. At UCHealth, we'll do everything in our power to make sure you grow and have a meaningful career. There's no limits to your potential here.
Be Extraordinary. Join Us Today!
UCHealth recognizes and appreciates the rich array of talents and perspectives that equal employment and diversity can offer our institution. As an affirmative action/equal opportunity employer, UCHealth is committed to making all employment decisions based on valid requirements. No applicant shall be discriminated against in any terms, conditions or privileges of employment or otherwise be discriminated against because of the individual's race, creed, color, religion, gender, national origin or ancestry, age, mental or physical disability, sexual orientation, gender identity, transgender status, genetic information or veteran status. UCHealth does not discriminate against any "qualified applicant with a disability" as defined under the Americans with Disabilities Act and will make reasonable accommodations, when they do not impose an undue hardship on the organization.
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