Cash Management Specialist

UMC Health System•Richmond, KY

1d•Onsite

About The Position

We’ve learned that what is best for patients is also best for employees. Learn more about why we are one of the Best Companies to Work for in Texas®. JOB SUMMARY: Requires the ability to communicate verbally and in writing. Must possess basic mainframe computer skills. Basic accounting and detailed clerical skills are required. Strong customer service skills are a must. Manage accounts according to third party payer rules and regulations. Understand medical and third party payer terminology.

Requirements

Ability to communicate verbally and in writing.
Basic mainframe computer skills.
Basic accounting and detailed clerical skills.
Strong customer service skills.
Manage accounts according to third party payer rules and regulations.
Understand medical and third party payer terminology.
High school graduate or equivalent required.
Highly technical, troubleshooting skills are required.
Adequate hand/eye coordination and fine motor skills required for typing.
Talking and hearing is essential in dealing with co-workers and customers.

Responsibilities

Displays the technical ability to direct, log, load, and process the electronic remittance (835) from participating payers.
Prints and works the 835 edit report to ensure the electronic receipts are posted and balanced
Manage unidentified receipts appropriately.
Make accurate and complete documentation on visits.
Take corrective action when errors are noted on accounts.
Maintains daily reciepts summary spreadsheet to inform PFS Management of cash.
Conduct necessary research of accounts to identify where payments should be posted.
Utilizes time effectively, organizes tasks and duties to minimize the amount of cash held in un-posted accounts
Understand proper plan attachment to manage cash for accurate reporting.
Utilizes correct transaction codes to ensure accurate reporting as receipts are posted to visits