Cash Applications Specialist

UCHealth•Fort Collins, CO

2d•Onsite

About The Position

The Cash Applications Specialist processes, monitors, and reconciles accounts receivable payments. This is an onsite, full-time day-shift position at UCHealth Poudre Valley Hospital in Fort Collins, Colorado, scheduled for 80 hours per two-week pay period. The pay range is $19.67–$25.57 per hour, dependent on relevant experience. The role posts third-party and patient payments, adjustments, and denials; reconciles bank deposits and financial-system entries; researches payment discrepancies; and maintains complete accounting records. It also prepares reports and analyses, investigates irregularities, and escalates issues that impede successful operations. The position requires critical thinking, decisive judgment, minimal supervision, and the ability to work in a fast-paced environment. UCHealth offers a total rewards program that includes performance recognition and pay programs, health and well-being resources, paid time off and leave options, insurance coverage, retirement and savings plans, and education and career-growth opportunities. Eligibility for some programs depends on scheduled work hours.

Requirements

Critical thinking skills and decisive judgment.
Ability to work with minimal supervision.
Ability to work in a fast-paced environment and take appropriate action.

Responsibilities

Accurately post third-party payments, adjustments, denials, and patient payments within mandated time frames.
Post transactions using electronic data interchange (EDI) and manual processes, identifying affected accounts.
Deposit checks and maintain a petty cash fund.
Calculate debits, credits, interest, and other accounting tallies using a calculator or computer accounting software.
Maintain cash book logs, clearing accounts, ledgers, and daily journals as complete financial records.
Research and resolve discrepancies with payers and banking institutions.
Compile data and prepare regularly scheduled or special reports and analyses.
Reconcile bank deposits with payments entered into the financial system in a timely manner to ensure accurate account data.
Assess the reliability of accounting and other organizational data.
Investigate and determine causes of irregularities and errors.
Identify, resolve, and escalate major issues and service failures that impede success.
Use critical thinking and decisive judgment, work with minimal supervision, and take appropriate action in a fast-paced environment.

Benefits

Three-Year Incentive Bonus, paid during the third year of employment, recognizing contributions to organizational success.
Annual merit pay increases based on performance, experience, skills, and cost of living.
Annual market reviews of positions and base pay adjustments as needed.
Medical, dental, and vision coverage.
24/7 mental health and well-being support for employees and dependents.
Discounted gym memberships and fitness resources.
Free Care.com membership.
Voluntary benefits, including accident insurance, critical illness insurance, group legal plan, identity theft protection, pet insurance, auto and home insurance, and employee discount programs.
Paid time off (PTO), paid family and medical leave (including Colorado FAMLI), and leaves of absence.
Employer-provided basic life and accidental death and dismemberment coverage, with buy-up options.
Employer-provided short-term and long-term disability coverage, with a buy-up option.
403(b) retirement plan with employer matching contribution.
Additional 457(b) plan may be available.
Flexible spending accounts for health care and dependent day care; health savings account available with enrollment in a high-deductible medical plan.
Access to academic degrees and certificate programs.
For specific educational degrees, up to 100% of tuition, books, and fees paid by UCHealth.
Other qualifying programs may receive up to $10,000 per year prepaid by UCHealth or up to $5,250 per year in tuition reimbursement.
Access to LinkedIn Learning courses and seminars and internal professional development opportunities.
Free assistance navigating the Public Service Loan Forgiveness program and submitting federal student loans for forgiveness.