Cash Application Specialist

Position Details Department: CORP | Central Svc Business Office Cash Application Specialist 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 #J-18808-Ljbffr Phoenix Children's