Cash Applications Specialist
4 weeks ago
Cash Applications Specialist position at the Memorial Administrative Center in Colorado Springs.
Processes, monitors, and reconciles payments on accounts receivable.
Work Schedule:Full Time Days
Responsibilities:
Accurately posts third party payments, adjustments, denials and patient payments within mandated time frames. Posts using electronic data interchange (EDI) and manual processes, identifying accounts affected. Deposits checks and maintains petty cash fund. Calculates debits, credits, interest and other accounting tallies using a calculator or computer accounting software.
Maintains cash book logs, clearing accounts, ledgers and daily journals in a complete set of records to indicate financial transactions.
Researches and resolves discrepancies with payers and banking institutions. Compiles data for and prepares regularly scheduled or special reports and analyses.
Reconciles bank deposits to payments entered into the financial system in a timely manner to ensure accurate account data. Ascertains the reliability of accounting and other data developed within the organization. Investigates and determines causes of irregularities and errors. Identifies, resolves and escalates major issues and service failures that impede success.
Within scope of job, requires critical thinking skills, decisive judgement and the ability to work with minimal supervision. Must be able to work in a fast-paced environment and take appropriate action.
Preferred Qualifications
- Cash transaction, banking, or healthcare experience preferred.
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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