Cash Applications Specialist

Department: Corporate Revenue Cycle System & Support

Facility: Cape Fear Valley Medical Center

Location: Fayetteville, North Carolina

Work Shift: Days (United States of America)

Job Family: Clerical

Post payments and adjustments to patient accounts and book appropriate entries for refund processing. Receive daily receipts from the Cashiers Office and entities. Prepare daily bank deposit, scan bank deposit information, and prepare refund payments received in error. Balance the daily cash reconciliation to include direct deposit reconciliation. Identify variances, balance and report issues on daily and monthly reconciliation. Keep supervisor apprised of any job-related issues.

• Balance cash received against receipts/accounts posted to patient accounting or GL System daily
• Reconcile credit cards to bank balance
• Prepare and combine reconciliation for direct deposit items, wire transfers, daily cash recon and automated payors into monthly reports
• Resolve history, unlocated and internal accounts
• Post payments and/or adjustments to proper patient accounts and insurance payor
• Run tape on EOB’s per batch to ensure it balances
• Prepare daily deposit totals sheet
• Prepare or initiate refunds and key into system for interface with A/P
• Other duties as assigned

Education And Formal Training:

• High school diploma or equivalent required
• Associate’s degree in business or related field preferred

Work Experience:

• 2 years clerical experience, preferably in a hospital business office or accounting department required

Knowledge, Skills, And Abilities

Required:

• Proficiency in reading, writing, and speaking the English language
• Experience in Microsoft Windows and Microsoft Excel spreadsheet experience
• Numerical ability required to verify accuracy, clerical perception required to detect errors in computation and posting
• Banking and cash reconciliation experience preferred
• Medical terminology and knowledge of third party payors preferred

Physical Requirements:

• Near visual acuity for reading various records and keying of data quickly and accurately
• Motor coordination and finger dexterity required
• Good communication skills both oral and written

Required Licenses And

Certifications:

Cape Fear Valley Health System is an Equal Opportunity Employer M/F/Disability/Veteran/Sexual Orientation/Gender Identity.