Cash Management Specialist

The Cash Management Specialist posts all payer, self-pay, credit card, and agency patient payments. Posts all payer denials. This position also supports sorting, scanning and routing mail to appropriate areas.

Additional Information
Department Name: Patient Financial Services
Job Status:Full time, 40 hours per week.
Shift: Day, 8 hrs between 6am-6pm. Hybrid

Duties & Responsibilities

• Responsible for reviewing, researching and posting of all insurance payments, self-payments and GL transactions with emphasis on accuracy and timeliness. Post cash and/or credit payments, contractual allowances, rejection codes, deductibles, and copayments.
• Prints any required hard copy claim forms to be mailed to insurance companies.
• Follows internal payer protocols and posting guidelines related to payer fee schedules.
• Responsible for the completion of scanning, filing and daily cash reconciliation spreadsheet daily. Updates and maintains all logs and spreadsheets used for reconciliation. Sorts and scans incoming mail and routes to appropriate area. Maintains OnBase correspondence and completes Corr WQ items.
• Meets all weekly and month end closing deadlines as they relate to the correspondence application process.
• Ensures proper documentation is attached to the patient account including complete and accurate account notations.
• Researches unidentified payments and/or recoupments to determine appropriate resolution. Identifies credit balances at time of posting and corrects any erroneous mistakes.
• Maintains Electronic Funds Transfer (EFT) log. Prepares and balances receipts, adjustments and refunds in an accurate and timely manner.
• Maintains understanding and the ability to interpret multiple types of Explanation of Benefits. Prepares all remittance with the Explanation of Benefits (EOB) for disbursement to appropriate business office staff per procedure.
• Performs outbound calls to insurance for follow-up on backup needed for posting. Follows-up with insurance companies for re-processing of checks. Obtains missing ERA/835/EOB from payers via portal or telephone.
• Identifies trends within payers and escalates as necessary.

Minimum Qualifications

• Degrees
  • High School diploma or GED
• Area of Study
  • Not Applicable.
• Experience
  • Minimum Experience. Required:Two (2) years of progressively responsible clerical experience in a healthcare setting.
• Equivalency
  • Not Applicable
• Licenses & Certifications
  • None
• Additional Requirements
  • Not Applicable.
• Competency
  • None

Salary Information
Pay is dependent on applicant's relevant experience.

Hourly Range: $19.18 to $28.77

Benefits Information
Here, you matter. As a Children's Hospital Colorado team member, you will receive a competitive pay and benefits package designed to take care of your needs that includes base pay, incentives, paid time off, medical/dental/vision insurance, company provided life and disability insurance, paid parental leave, 403b employer match (retirement savings), a robust wellness program, and access to professional development tools, including an education benefit to help you advance your career.

As part of our Total Rewards package, Children's Colorado offers an annual employee bonus program that rewards eligible team members based on organizational performance. If organizational goals are met for the year, the bonus is paid out the following April.

Children's Colorado delivers annual base pay increases to eligible team members based on their performance over the previous year.

EEO Statement
It is our intention that all qualified applicants be given equal opportunity and that selection decisions be based on job-related factors. We do not discriminate on the basis of race, color, religion, national origin, sex, age, disability, or any other status protected by law or regulation. Be aware that none of the questions are intended to imply illegal preferences or discrimination based on non-job-related information. The position is expected to stay open until the posted close date. Please submit your application as soon as possible as the posting is subject to close at any time once a sufficient pool of qualified applicants is obtained.

Colorado Residents: In any materials you submit, you may redact or remove age-identifying information such as age, date of birth, or dates of attendance at or graduation from an educational institution. You will not be penalized for redacting or removing this information.