Cash Management Specialist Careers at WVU Medicine - Princeton, West Virginia | Apply Now!
WVU Medicine
Cash Management Specialist Careers at WVU Medicine - Princeton, West Virginia | Apply Now!
Job Description
Cash Management Specialist at WVU Medicine - Princeton, WV
Role Overview
The Cash Management Specialist at WVU Medicine's Princeton Community Hospital (PCH) plays a critical role in ensuring the accurate and timely processing of patient and insurance payments. This position involves posting payments to Epic, balancing postings to bank deposits, assisting patients with transactions, and answering inquiries related to patient statements. The ideal candidate will possess strong attention to detail, excellent communication skills, and a solid understanding of medical billing and cash management principles.
A Day in the Life
A typical day for a Cash Management Specialist at PCH might include:
- Processing electronic remittances and initiating transaction postings in Epic.
- Troubleshooting transactions that do not post correctly and ensuring proper routing to the appropriate accounts.
- Identifying and resolving unidentified payment transactions, moving non-patient money to the correct general ledger account.
- Balancing postings to bank deposits using Epic and Microsoft Excel.
- Maintaining accurate and timely posting in accordance with departmental goals.
- Documenting accounts clearly and accurately.
- Analyzing and reconciling posting amounts from various payment sources.
- Utilizing online credit card systems and the Epic system for transaction processing.
- Entering patient insurance information and queuing the billing department as needed.
- Processing cashier window transactions via the Epic application.
- Collecting patient co-pays and deposits in compliance with insurance regulations and organizational policy.
- Communicating account information accurately to patients.
- Managing petty cash transactions and requesting monthly reimbursement funds.
- Accessing scanned information via the One Content imaging system.
- Completing and reconciling bank deposits daily.
- Working exception accounts using Epic work queues.
- Reviewing and reconciling all postings monthly with the accounting department.
Why Princeton, West Virginia?
Princeton, West Virginia, offers a blend of small-town charm and access to outdoor recreational activities. Located in Mercer County, Princeton provides a family-friendly environment with affordable living costs. The area boasts beautiful natural landscapes, including nearby state parks and forests, perfect for hiking, fishing, and other outdoor adventures. WVU Medicine's presence in Princeton offers stable employment opportunities and the chance to contribute to the health and well-being of the local community.
Career Path
The Cash Management Specialist role can serve as a stepping stone to various career paths within WVU Medicine. Potential advancement opportunities include:
- Senior Cash Management Specialist: Taking on more complex responsibilities and mentoring junior team members.
- Billing Specialist: Focusing on the billing process, claim submission, and denial management.
- Revenue Cycle Analyst: Analyzing revenue cycle data to identify areas for improvement and optimize financial performance.
- Accounting Specialist: Transitioning into a broader accounting role within WVU Medicine.
- Team Lead or Supervisor: Overseeing a team of cash management or billing specialists.
Salary and Benefits
The estimated salary range for a Cash Management Specialist in Princeton, WV, is $35,000 to $55,000 per year. WVU Medicine offers a comprehensive benefits package, including:
- Comprehensive health insurance (medical, dental, vision)
- Paid time off (PTO) for vacation, sick leave, and holidays
- Retirement plan options with employer matching
- Life insurance and disability coverage
- Flexible spending accounts (FSA) for healthcare and dependent care expenses
- Employee assistance program (EAP) for confidential counseling and support
- Tuition reimbursement or assistance for continuing education
- Wellness programs and resources to promote employee health
- Employee discounts on various products and services
- Opportunities for professional development and career advancement
- A supportive and collaborative work environment
- Competitive salary and compensation package
- Employee recognition programs
WVU Medicine Culture
WVU Medicine is committed to providing exceptional patient care and fostering a culture of teamwork, respect, and continuous improvement. Employees are encouraged to collaborate, share ideas, and contribute to the organization's mission of improving the health of West Virginians and those beyond. WVU Medicine values diversity and inclusion, creating a welcoming environment for all employees.
How to Apply
To apply for the Cash Management Specialist position at WVU Medicine's Princeton Community Hospital, please click the "Apply" button at the top of this page and complete the application form. Be sure to include your resume and cover letter, highlighting your relevant experience and qualifications.
Frequently Asked Questions (FAQ)
-
What is the typical career path for a Cash Management Specialist at WVU Medicine?
The Cash Management Specialist role can lead to various advancement opportunities, including Senior Cash Management Specialist, Billing Specialist, Revenue Cycle Analyst, Accounting Specialist, or Team Lead/Supervisor roles.
-
What skills are most important for success in this role?
Key skills include attention to detail, accuracy, communication, problem-solving, and proficiency in using computer systems and software applications such as Epic and Microsoft Excel.
-
What kind of training is provided for new Cash Management Specialists?
WVU Medicine provides comprehensive training for new hires, including system training on Epic, departmental policies and procedures, and ongoing professional development opportunities.
-
What is the work environment like at WVU Medicine's Princeton Community Hospital?
The work environment is typically collaborative and supportive, with a focus on teamwork and providing exceptional patient care.
-
What are the key responsibilities of a Cash Management Specialist?
Key responsibilities include processing electronic remittances, balancing postings to bank deposits, assisting patients with transactions, and reconciling posting amounts from various payment sources.
-
What benefits does WVU Medicine offer to its employees?
WVU Medicine offers a comprehensive benefits package, including health insurance, paid time off, retirement plan options, life insurance, and tuition reimbursement.
-
Is previous experience in medical billing required for this position?
While not always required, previous experience in medical billing or a medical office is preferred.
-
What is the dress code for Cash Management Specialists at WVU Medicine?
The dress code is typically business casual, but may vary depending on the specific department and role.
-
How does WVU Medicine support employee growth and development?
WVU Medicine offers various professional development opportunities, including training programs, tuition reimbursement, and career advancement opportunities.
-
What is the patient population served by Princeton Community Hospital?
Princeton Community Hospital serves a diverse patient population from the local community and surrounding areas.
Locations
- Princeton, West Virginia, United States
Salary
38,500 - 60,500 USD / yearly
Source: ai estimated
* This is an estimated range based on market data and may vary based on experience and qualifications.
Skills Required
- Cash Managementintermediate
- Payment Postingintermediate
- Electronic Remittance Processingintermediate
- Manual Payment Postingintermediate
- Bank Reconciliationintermediate
- Patient Interactionintermediate
- Customer Serviceintermediate
- Insurance Knowledgeintermediate
- Financial Policy Complianceintermediate
- Epic Systemsintermediate
- Microsoft Excelintermediate
- Data Entryintermediate
- Transaction Processingintermediate
- Account Reconciliationintermediate
- Petty Cash Managementintermediate
- Communication Skillsintermediate
- Problem-Solvingintermediate
- Attention to Detailintermediate
Required Qualifications
- High School Diploma or equivalent required. (experience)
- Bookkeeping and cash balancing experience preferred. (experience)
- One (1) year of medical billing/medical office experience preferred. (experience)
- Proficiency in using computer systems and software applications. (experience)
- Knowledge of insurance coverage regulations. (experience)
- Understanding of financial policies and procedures. (experience)
- Ability to perform accurate data entry and maintain detailed records. (experience)
- Strong communication and interpersonal skills. (experience)
- Ability to work independently and as part of a team. (experience)
- Excellent organizational and time-management skills. (experience)
- Ability to prioritize tasks and meet deadlines. (experience)
- Familiarity with medical terminology (preferred). (experience)
- Experience with Epic systems (preferred). (experience)
Responsibilities
- Process electronic remittances, initiating transaction posting in Epic.
- Manage transactions that do not post correctly, ensuring they route to the appropriate accounts.
- Identify unidentified payment transactions in the clearing account and follow facility processes to move non-patient money to the correct general ledger account.
- Balance postings to bank deposits using technical tools in Epic and Microsoft Excel.
- Maintain timely and accurate posting according to departmental goals and report to management.
- Document accounts clearly and accurately.
- Analyze and reconcile posting amounts from patient payments and other sources of payment to the patient accounting system and accounting department.
- Utilize system software, including online credit card systems and the Epic system.
- Enter insurance information provided by patients and queue the billing department when required.
- Process cashier window related transactions via the Epic application.
- Collect patient co-pays and deposits according to insurance coverage regulations and organizational financial policy.
- Accurately communicate account information to patients.
- Maintain petty cash transactions and request monthly reimbursement funds.
- Access scanned information via the One Content imaging system.
- Complete and reconcile bank deposits daily.
- Utilize Epic work queues to work exception accounts.
- Review and reconcile all postings monthly with the accounting department as needed.
- Participate in educational programs to meet mandatory requirements and identified needs regarding job and personal growth.
Benefits
- general: Comprehensive health insurance (medical, dental, vision)
- general: Paid time off (PTO) for vacation, sick leave, and holidays
- general: Retirement plan options with employer matching
- general: Life insurance and disability coverage
- general: Flexible spending accounts (FSA) for healthcare and dependent care expenses
- general: Employee assistance program (EAP) for confidential counseling and support
- general: Tuition reimbursement or assistance for continuing education
- general: Wellness programs and resources to promote employee health
- general: Employee discounts on various products and services
- general: Opportunities for professional development and career advancement
- general: A supportive and collaborative work environment
- general: Competitive salary and compensation package
- general: Employee recognition programs
- general: Relocation assistance (if applicable)
- general: Childcare assistance or resources
Tags & Categories
Answer 10 quick questions to check your fit for Cash Management Specialist Careers at WVU Medicine - Princeton, West Virginia | Apply Now! @ WVU Medicine.
Related Books and Jobs
Cash Management Specialist Careers at WVU Medicine - Princeton, West Virginia | Apply Now!
WVU Medicine
Cash Management Specialist Careers at WVU Medicine - Princeton, West Virginia | Apply Now!
Job Description
Cash Management Specialist at WVU Medicine - Princeton, WV
Role Overview
The Cash Management Specialist at WVU Medicine's Princeton Community Hospital (PCH) plays a critical role in ensuring the accurate and timely processing of patient and insurance payments. This position involves posting payments to Epic, balancing postings to bank deposits, assisting patients with transactions, and answering inquiries related to patient statements. The ideal candidate will possess strong attention to detail, excellent communication skills, and a solid understanding of medical billing and cash management principles.
A Day in the Life
A typical day for a Cash Management Specialist at PCH might include:
- Processing electronic remittances and initiating transaction postings in Epic.
- Troubleshooting transactions that do not post correctly and ensuring proper routing to the appropriate accounts.
- Identifying and resolving unidentified payment transactions, moving non-patient money to the correct general ledger account.
- Balancing postings to bank deposits using Epic and Microsoft Excel.
- Maintaining accurate and timely posting in accordance with departmental goals.
- Documenting accounts clearly and accurately.
- Analyzing and reconciling posting amounts from various payment sources.
- Utilizing online credit card systems and the Epic system for transaction processing.
- Entering patient insurance information and queuing the billing department as needed.
- Processing cashier window transactions via the Epic application.
- Collecting patient co-pays and deposits in compliance with insurance regulations and organizational policy.
- Communicating account information accurately to patients.
- Managing petty cash transactions and requesting monthly reimbursement funds.
- Accessing scanned information via the One Content imaging system.
- Completing and reconciling bank deposits daily.
- Working exception accounts using Epic work queues.
- Reviewing and reconciling all postings monthly with the accounting department.
Why Princeton, West Virginia?
Princeton, West Virginia, offers a blend of small-town charm and access to outdoor recreational activities. Located in Mercer County, Princeton provides a family-friendly environment with affordable living costs. The area boasts beautiful natural landscapes, including nearby state parks and forests, perfect for hiking, fishing, and other outdoor adventures. WVU Medicine's presence in Princeton offers stable employment opportunities and the chance to contribute to the health and well-being of the local community.
Career Path
The Cash Management Specialist role can serve as a stepping stone to various career paths within WVU Medicine. Potential advancement opportunities include:
- Senior Cash Management Specialist: Taking on more complex responsibilities and mentoring junior team members.
- Billing Specialist: Focusing on the billing process, claim submission, and denial management.
- Revenue Cycle Analyst: Analyzing revenue cycle data to identify areas for improvement and optimize financial performance.
- Accounting Specialist: Transitioning into a broader accounting role within WVU Medicine.
- Team Lead or Supervisor: Overseeing a team of cash management or billing specialists.
Salary and Benefits
The estimated salary range for a Cash Management Specialist in Princeton, WV, is $35,000 to $55,000 per year. WVU Medicine offers a comprehensive benefits package, including:
- Comprehensive health insurance (medical, dental, vision)
- Paid time off (PTO) for vacation, sick leave, and holidays
- Retirement plan options with employer matching
- Life insurance and disability coverage
- Flexible spending accounts (FSA) for healthcare and dependent care expenses
- Employee assistance program (EAP) for confidential counseling and support
- Tuition reimbursement or assistance for continuing education
- Wellness programs and resources to promote employee health
- Employee discounts on various products and services
- Opportunities for professional development and career advancement
- A supportive and collaborative work environment
- Competitive salary and compensation package
- Employee recognition programs
WVU Medicine Culture
WVU Medicine is committed to providing exceptional patient care and fostering a culture of teamwork, respect, and continuous improvement. Employees are encouraged to collaborate, share ideas, and contribute to the organization's mission of improving the health of West Virginians and those beyond. WVU Medicine values diversity and inclusion, creating a welcoming environment for all employees.
How to Apply
To apply for the Cash Management Specialist position at WVU Medicine's Princeton Community Hospital, please click the "Apply" button at the top of this page and complete the application form. Be sure to include your resume and cover letter, highlighting your relevant experience and qualifications.
Frequently Asked Questions (FAQ)
-
What is the typical career path for a Cash Management Specialist at WVU Medicine?
The Cash Management Specialist role can lead to various advancement opportunities, including Senior Cash Management Specialist, Billing Specialist, Revenue Cycle Analyst, Accounting Specialist, or Team Lead/Supervisor roles.
-
What skills are most important for success in this role?
Key skills include attention to detail, accuracy, communication, problem-solving, and proficiency in using computer systems and software applications such as Epic and Microsoft Excel.
-
What kind of training is provided for new Cash Management Specialists?
WVU Medicine provides comprehensive training for new hires, including system training on Epic, departmental policies and procedures, and ongoing professional development opportunities.
-
What is the work environment like at WVU Medicine's Princeton Community Hospital?
The work environment is typically collaborative and supportive, with a focus on teamwork and providing exceptional patient care.
-
What are the key responsibilities of a Cash Management Specialist?
Key responsibilities include processing electronic remittances, balancing postings to bank deposits, assisting patients with transactions, and reconciling posting amounts from various payment sources.
-
What benefits does WVU Medicine offer to its employees?
WVU Medicine offers a comprehensive benefits package, including health insurance, paid time off, retirement plan options, life insurance, and tuition reimbursement.
-
Is previous experience in medical billing required for this position?
While not always required, previous experience in medical billing or a medical office is preferred.
-
What is the dress code for Cash Management Specialists at WVU Medicine?
The dress code is typically business casual, but may vary depending on the specific department and role.
-
How does WVU Medicine support employee growth and development?
WVU Medicine offers various professional development opportunities, including training programs, tuition reimbursement, and career advancement opportunities.
-
What is the patient population served by Princeton Community Hospital?
Princeton Community Hospital serves a diverse patient population from the local community and surrounding areas.
Locations
- Princeton, West Virginia, United States
Salary
38,500 - 60,500 USD / yearly
Source: ai estimated
* This is an estimated range based on market data and may vary based on experience and qualifications.
Skills Required
- Cash Managementintermediate
- Payment Postingintermediate
- Electronic Remittance Processingintermediate
- Manual Payment Postingintermediate
- Bank Reconciliationintermediate
- Patient Interactionintermediate
- Customer Serviceintermediate
- Insurance Knowledgeintermediate
- Financial Policy Complianceintermediate
- Epic Systemsintermediate
- Microsoft Excelintermediate
- Data Entryintermediate
- Transaction Processingintermediate
- Account Reconciliationintermediate
- Petty Cash Managementintermediate
- Communication Skillsintermediate
- Problem-Solvingintermediate
- Attention to Detailintermediate
Required Qualifications
- High School Diploma or equivalent required. (experience)
- Bookkeeping and cash balancing experience preferred. (experience)
- One (1) year of medical billing/medical office experience preferred. (experience)
- Proficiency in using computer systems and software applications. (experience)
- Knowledge of insurance coverage regulations. (experience)
- Understanding of financial policies and procedures. (experience)
- Ability to perform accurate data entry and maintain detailed records. (experience)
- Strong communication and interpersonal skills. (experience)
- Ability to work independently and as part of a team. (experience)
- Excellent organizational and time-management skills. (experience)
- Ability to prioritize tasks and meet deadlines. (experience)
- Familiarity with medical terminology (preferred). (experience)
- Experience with Epic systems (preferred). (experience)
Responsibilities
- Process electronic remittances, initiating transaction posting in Epic.
- Manage transactions that do not post correctly, ensuring they route to the appropriate accounts.
- Identify unidentified payment transactions in the clearing account and follow facility processes to move non-patient money to the correct general ledger account.
- Balance postings to bank deposits using technical tools in Epic and Microsoft Excel.
- Maintain timely and accurate posting according to departmental goals and report to management.
- Document accounts clearly and accurately.
- Analyze and reconcile posting amounts from patient payments and other sources of payment to the patient accounting system and accounting department.
- Utilize system software, including online credit card systems and the Epic system.
- Enter insurance information provided by patients and queue the billing department when required.
- Process cashier window related transactions via the Epic application.
- Collect patient co-pays and deposits according to insurance coverage regulations and organizational financial policy.
- Accurately communicate account information to patients.
- Maintain petty cash transactions and request monthly reimbursement funds.
- Access scanned information via the One Content imaging system.
- Complete and reconcile bank deposits daily.
- Utilize Epic work queues to work exception accounts.
- Review and reconcile all postings monthly with the accounting department as needed.
- Participate in educational programs to meet mandatory requirements and identified needs regarding job and personal growth.
Benefits
- general: Comprehensive health insurance (medical, dental, vision)
- general: Paid time off (PTO) for vacation, sick leave, and holidays
- general: Retirement plan options with employer matching
- general: Life insurance and disability coverage
- general: Flexible spending accounts (FSA) for healthcare and dependent care expenses
- general: Employee assistance program (EAP) for confidential counseling and support
- general: Tuition reimbursement or assistance for continuing education
- general: Wellness programs and resources to promote employee health
- general: Employee discounts on various products and services
- general: Opportunities for professional development and career advancement
- general: A supportive and collaborative work environment
- general: Competitive salary and compensation package
- general: Employee recognition programs
- general: Relocation assistance (if applicable)
- general: Childcare assistance or resources
Tags & Categories
Answer 10 quick questions to check your fit for Cash Management Specialist Careers at WVU Medicine - Princeton, West Virginia | Apply Now! @ WVU Medicine.
Related Books and Jobs