Cash Control Specialist

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Exemption Status:

Non-Exempt

Hiring Range:

$19.74 - $30.80

Please note that the final offer may vary within this range based on a candidate’s experience, skills, qualifications, and internal equity considerations.

Schedule Details:

Monday through Friday

Scheduled Hours:

8 a.m.-4:30 p.m.

Shift:

1 - Day Shift, 8 Hours (United States of America)

Hours:

40

Cost Center:

99940 - 5434 Claim Payment Posting Cash Ctl

Union:

SHARE (State Healthcare and Research Employees)

This position may have a signing bonus available a member of the Recruitment Team will confirm eligibility during the interview process.

Everyone Is a Caregiver

At UMass Memorial Health, everyone is a caregiver – regardless of their title or responsibilities. Exceptional patient care, academic excellence and leading-edge research make UMass Memorial the premier health system of Central Massachusetts, and a place where we can help you build the career you deserve. We are more than 20,000 employees, working together as one health system in a relentless pursuit of healing for our patients, community and each other. And everyone, in their own unique way, plays an important part, every day.

Responsible for cash reconciliation and communication with Finance department.

I. Major Responsibilities:

1. Verifies and sorts the daily lockbox deposits according to established policies and procedures. 
2. Prepares lockbox deposit detail by payer.  Reconciles lockbox cash deposited to lockbox cash posted on a daily basis. 
3. Logs out all posted batches to ensure all deposits are posted to appropriate patient accounts.
4. Reviews Central Billing Office (CBO) agent deposits and ensures that checks are deposited into the correct account. 
5. Reconciles tape remits to lockbox deposits.  Determines manual posting amount required per check.  Ensures that all posting is completed and updates prepared spreadsheet for filing.   
6. Resolves checks returned from the bank.  Removes postings from accounts and sends appropriate notice to patients.
7. Reconciles co-payments to agent deposit logs, posting batches and bank deposits. Posts all co-payments received by the Hospital Registration unit and reconciles to bank deposits. 

Standard Staffing Level Responsibilities:

1. Complies with established departmental policies, procedures and objectives.
2. Attends variety of meetings, conferences, seminars as required or directed.
3. Demonstrates use of Quality Improvement in daily operations.
4. Complies with all health and safety regulations and requirements.
5. Respects diverse views and approaches, demonstrates Standards of Respect, and contributes to creating and maintaining an environment of professionalism, tolerance, civility and acceptance toward all employees, patients and visitors.
6. Maintains, regular, reliable, and predictable attendance.
7. Performs other similar and related duties as required or directed.

All responsibilities are essential job functions.

II. Position Qualifications:

License/Certification/Education:
Required:
1. High School Diploma 

Experience/Skills:
Required:
1. Three years of experience in a medical/cash-processing environment required. 
2. Familiarity with cash reconciliation processes.
3. Strong numeric keystroke skills. 
4. Knowledge of third party carrier remittances.  
5. Computer skills to include PC applications. 

Unless certification, licensure or registration is required, an equivalent combination of education and experience which provides proficiency in the areas of responsibility listed in this description may be substituted for the above requirements.

Department-specific competencies and their measurements will be developed and maintained in the individual departments.  The competencies will be maintained and attached to the departmental job description.  Responsible managers will review competencies with position incumbents.

III. Physical Demands and Environmental Conditions:

Work is considered sedentary.  Position requires work indoors in a normal office environment.
 

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.

We’re striving to make respect a part of everything we do at UMass Memorial Health – for our patients, our community and each other. Our six Standards of Respect are: Acknowledge, Listen, Communicate, Be Responsive, Be a Team Player and Be Kind. If you share these Standards of Respect, we hope you will join our team and help us make respect our standard for everyone, every day.

As an equal opportunity and affirmative action employer, UMass Memorial Health recognizes the power of a diverse community and encourages applications from individuals with varied experiences, perspectives and backgrounds. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, gender identity and expression, protected veteran status or other status protected by law.

If you are unable to submit an application because of incompatible assistive technology or a disability, please contact us at talentacquisition@umassmemorial.org. We will make every effort to respond to your request for disability assistance as soon as possible.