Cash Applications Specialist

Job Posting

Summary : Processes, monitors, and reconciles payments on accounts receivable.

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 judgment, and the ability to work with minimal supervision. Must be able to work in a fast-paced environment and take appropriate action.

We Improve Lives : UCHealth invests in its workforce. UCHealth offers a three-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 three years' employment. UCHealth offers their employees a competitive and comprehensive total rewards package (benefit eligibility is based off of FTE status) :

Medical, dental, and vision coverage including coverage for eligible dependents

403(b) with employer matching contributions

Time away from work : paid time off (PTO), paid family and medical leave (inclusive of Colorado FAMLI), leaves of absence

Employer-paid basic life and accidental death and dismemberment coverage with buy-up coverage options

Employer paid short term disability and long-term disability with buy-up coverage options

Wellness benefits

Full suite of voluntary benefits such as flexible spending accounts for health care and dependent care, health savings accounts (available with HD / HSA medical plan only), identity theft protection, pet insurance, and employee discount programs

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 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.

UCHealth always welcomes talent. This position will be open for a minimum of three days and until a top applicant is identified.

UCHealth recognizes and appreciates the rich array of talents and perspectives that equal employment and diversity can offer our institution. As an 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, color, national origin, language, culture, ethnicity, age, religion, sex, disability, sexual orientation, gender, veteran status, socioeconomic status, or any other characteristic prohibited by federal, state, or local law. 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.