Cash Specialist, Full -Time, 2 years' experience required

Erlanger Health System•Chattanooga, TN

35d

About The Position

Job Summary: Posting all payments and adjustment, balancing the general ledger, keying refunds, monitoring the electronic postings, tracing all trace payments. Department Position Summary: The Cash Specialist is responsible for keying all payments and adjustments according to individual patient accounts. He/She is responsible for researching all unidentified payments and follow-up accordingly by either refund or forwarding to the appropriate EMC department. The Cash Specialist must balance everything keyed and reconcile via on line cash posting report and then enter on a spreadsheet to be keyed as a journal entry into EMC general ledger. He/She is responsible for monitoring the general ledger clearing accounts to ensure a zero balance is maintained. The Cash Specialist other duties include going to EMC downtown to take miscellaneous payments and write receipts, distribute petty cash and deposit all miscellaneous monies daily. He/She also delivers any mail to the Executive office. The Cash Specialist also is responsible for all EMC credit balances and must pull all corresponding information pertaining to a particular credit balance (id: Explanation of Benefits) and write up on a credit balance worksheet so that a refund may be keyed in order to resolve the credit balance. All SMS/Invision refunds are keyed by the Cash Specialist. After refunds have been keyed into PeopleSoft they must be reconciled within Invision. Names, addresses and payment amounts must be verified with the keying process. The Cash Specialist is responsible for tracing all payments to the party requesting the trace. The Cash Specialist is also responsible for monitoring and balancing all electronic postings. The cash Specialist must be proficient with 10 key. The Cash Specialist must also know Insurance contracts in order to work the electronic remittance for correct adjustments, this knowledge will also be helpful when working up refunds that were pd on the wrong rate. Performs other duties as assigned.

Requirements

High school graduate or equivalent
Two years experience related to cashiering or general accounting background
Must be proficient with 10 key calculator
Must have some knowledge of Insurance contracts

Nice To Haves

Some college
Insurance knowledge
Collections Patient Account Representative Certification (CPAR)

Responsibilities

Posting all payments and adjustment
Balancing the general ledger
Keying refunds
Monitoring the electronic postings
Tracing all trace payments
Keying all payments and adjustments according to individual patient accounts
Researching all unidentified payments and follow-up accordingly by either refund or forwarding to the appropriate EMC department
Balance everything keyed and reconcile via on line cash posting report and then enter on a spreadsheet to be keyed as a journal entry into EMC general ledger
Monitoring the general ledger clearing accounts to ensure a zero balance is maintained
Going to EMC downtown to take miscellaneous payments and write receipts
Distribute petty cash and deposit all miscellaneous monies daily
Delivers any mail to the Executive office
Pull all corresponding information pertaining to a particular credit balance (id: Explanation of Benefits) and write up on a credit balance worksheet so that a refund may be keyed in order to resolve the credit balance
All SMS/Invision refunds are keyed by the Cash Specialist
After refunds have been keyed into PeopleSoft they must be reconciled within Invision. Names, addresses and payment amounts must be verified with the keying process
Tracing all payments to the party requesting the trace
Monitoring and balancing all electronic postings
Work the electronic remittance for correct adjustments
Working up refunds that were pd on the wrong rate
Performs other duties as assigned