Cash Specialist 2

1 month ago

Reston, Virginia, United States Inova Health System Full time

The Cash Specialist 2 ensures that access database reports and rejection reports are worked timely while meeting departmental productivity and quality review standards. Ensures the appropriate and timely write-off of all account adjustment requests. Ensures the appropriate handling and posting of non-payment EOBs and denial request. Stays late once a month with a match up end of month and stays until all cash is posted. Receives, sorts and ensures the timely and accurate processing of the bank lockbox.

Job Responsibilities

  • Ensures that Access database-posting entries and rejection reports are entered/worked daily.
  • Identifies issues with database rejections and provides feedback regarding rejections to management. Takes direction from supervisor or manager to resolve issues.
  • Documents/posts the correct CDM code activity in Epic. Ensures documentation has appropriate authorization and accurately depicts the actions performed per departmental quality review standards.
  • Ensures that all write-off requests are handled appropriately and within 48 hours of receipt or within the customers' expectations.
  • Ensures that appropriate ASC codes are applied to the customer accounts.
  • Ensures that all accounts are reviewed, corrections are identified and resolutions are initiated or escalated to management as appropriate. Provides resolution for problem accounts (purged, unidentified, etc.) within allowable timeframes, as defined for appropriate deficiency, and/or provides appropriate account follow-up based on established protocol.
  • Meets weekly productivity and quality expectations for assigned work lists and any supervisor-assigned special tasks. Documents and reports postings or balancing issues immediately and provides feedback to management regarding the issues.
  • Maintains knowledge of all payer requirements, 835, and EOB standards as well as system (hospital, clearinghouse, and payer) functionality and hospital policies/procedures.
  • May perform additional duties as assigned.


Additional Requirements

Experience - 2 years

Education - High School or GED

KSAs - Critical Thinking / Microsoft Office / Technology/ Computer Working typing and CRT skills; Knowledge of banking procedures

As a recipient of federal financial assistance, Inova Health System ("Inova") does not exclude, deny benefits to, or otherwise discriminate against any person on the basis of race, color, national origin, sex, sexual orientation, disability, or age in admission to, participation in, or receipt of the services or benefits under any of its programs or activities, whether carried out by Inova directly or through a contractor or any other entity with which Inova arranges to carry out its programs and activities.

This policy is in accordance with the provisions of Title VI of the Civil Rights Act of 1964, Section 504 of the Rehabilitation Act of 1973, the Age Discrimination Act of 1975, Section 1557 of the Affordable Care Act, and regulations of the U.S. Department of Health and Human Services issued pursuant to these statutes at 45 C.F.R. Parts 80, 84, 91 and 92, respectively.

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