Cash Application Specialist

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Position Details

Department: CORP | Central Svc Business Office
Location: Phoenix
Shift: Mon-Fri, Days, 8am-5pm
Category: Patient Financial Services
Posting #: 1051013
Employee Type: Full-Time

Position Summary

This position maintains the integrity of cash and A/R transactions to ensure maximum efficiency and accuracy of accounts receivable balances. This position inputs payment and adjustment data into patient accounts, processes electronic 835 files, and ensures that work is in compliance with all cash related procedures and financial control policies set by the finance department.

Position Duties

  • Post all daily 835 files and manual lockbox payments for PCMG and Phoenix Children's.
    - Posts all 835 electronic payment transactions, balances every 835 to the ERA and the deposited check total, and reconciles any recoupments and/or forward balances included within the ERA.
    - Manually posts any lockbox insurance or patient payments received.
  • Posts and audits all non-cash transactions either via 835 or manually.
    - Processes and applies all non-cash transactions, A/R adjustments, denials, write-offs, and refunds.
    - Ensures all CARC and RARC codes post and adjust correctly by conducting a thorough audit of the ERA.
    - Makes corrections to the 835 batch based on audit results.
    - Reports payer trends such as incorrect CARC/RARC codes and claims adjusting 100% of charge to leadership for review and follow-up with the payer.
  • Performs miscellaneous job related duties as requested.

Phoenix Children's Mission, Vision, & Values

Mission

To advance hope, healing and the best healthcare for children and their families

Vision

Phoenix Children's will be the leading pediatric health system in the Southwest, nationally recognized for exceptional care, innovative research and advanced medical education.

We realize this vision by:

  • Offering the most comprehensive care across ages, communities and specialties
  • Investing in innovative research, including emerging treatments, tools and technologies
  • Advancing education and training to shape the next generation of clinical leaders
  • Advocating for the health and well-being of children and families
Values
  • We place children and families at the center of all we do
  • We deliver exceptional care, every day and in every way
  • We collaborate with colleagues, partners and communities to amplify our impact
  • We set the standards of pediatric healthcare today, and innovate for the future
  • We are accountable for making the highest quality care accessible and affordable

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Position Qualifications

Please review the following qualifications and specify whether you meet each of the requirements listed.

Education

 Do you meet this requirement or have the ability to obtain it
within the timeframe listed in the requirement?
1. High school diploma or GED.
Required
2. Some college coursework.
Preferred

Experience

 Do you meet this requirement or have the ability to obtain it
within the timeframe listed in the requirement?
1. Two (2) years cash posting within a hospital or other healthcare setting.
Required
2. Experience posting 835 files and balancing recoupments and forward balance remits.
Required

Special Skills

 Do you meet this requirement or have the ability to obtain it
within the timeframe listed in the requirement?
1. Typing/Data entry skills 55 wpm.
Required

Physical Requirements & Occupational Exposure/Risk Potential

1. Physical Requirement - Sitting - Constantly
2. Physical Requirement - Near Vision - Constantly
3. Physical Requirement - Use of keyboard, mouse and/or computer equipment - Constantly
4. Physical Requirement - Lift up to 35 pounds without assistance - Occasionally
5. Occupational Exposure/Risk Potential - Inside office environment - Applicable
I have reviewed the qualifications, physical requirements and occupational exposure/risk potential for this position and wish to apply