Cash Analyst II

Default Work Shift:

Day (United States of America)

Hours:

40

Salary range:

$19.72 - $29.95

Schedule:

Full Time

Shift Hours:

8 Hour employee

Department:

Patient Financial Services

Job Objective:

Responsible for posting cash both manually and electronically. The position is responsible for balancing lockbox, completing Excel style logs, posting adjustments, balancing batches after posting. Will support other cash posters in critical thinking and problem solving issues. The position will balance the daily deposits, fill out required logs, meet daily with supervisor for overall totals and act as a super user within the posting systems.

Job Description:

Education: Required: High school diploma, GED or higher level degree Licensure/Certification: Required: N/A Experience: Required: Accounts Receivable or cash handling experience Preferred: Experience in medical office, hospital, DME or banking institution setting

Reports To: Cash Posting Supervisor Supervises: N/A Ages of Patients: N/A Blood Borne Pathogens: Minimal/ No Potential

Skills, Knowledge, Abilities:

Ability to follow oral and written instructions, Critical thinking skills, Detailed oriented, Keyboarding skills, 10 key by touch, Must be able to identify any system issues that could cause rework and keep management notified of any of these issues, Must be able to support and train staff through difficult situations, Must possess the understanding of business bank statement and the general ledger process with finance, Must possess understanding of downloading data from one place to another, Must possess understanding of electronic naming conventions to change text files to ERA files, Must possess understanding of insurance regulations and payment principals, Positive interpersonal skills, Strong Microsoft Windows knowledge: MS word, Excel, Internet applications, Understanding of ERA and EFT processing as well as 835/837 processes, Understanding of medical terminology, managed care terminology, CPT/ICD9 coding, remark codes, or current coding/regulatory rules

Essential Responsibilities

1. Demonstrates compliance with Code of Conduct and compliance policies, and takes action to resolve compliance questions or concerns and report suspected violations. 2. Prepare cash batches received from the lockbox according to department policy including but not limited to balancing and size specifications for multiple systems and both clinic and hospital environment 3. Balances the lockbox batches according to policy 4. Maintains quality assurance by randomly reviewing electronic processed payments as well as continued monitoring and assessing processes 5. Balances the electronic cash posting, including all electronic remittance advice notices. 6. Posts zero pays, partial pays, and adjustments as indicated 7. Maintains daily variance reports and any reporting requirements for appropriate cash handling, GAAP, and regulatory processes notifies management of any issues. 8. Notifies management of reimbursement trends including, reversals, take backs, levy’s and bonus payments per policy. 9. Will verify that all electronic batches have been downloaded from other source files, will produce the printed versions for each system and will give a total to each of these systems for posting. 10. Ensures that all batches are posted based on FIFO (first in first out) standards. 11. Performs other duties as assigned.