What are the responsibilities and job description for the Cash Application Specialist position at Polaris Pharmacy Services?
WHO WE ARE
Polaris Pharmacy Services is an industry leader in long-term and post-acute care pharmacy.
OVERVIEW
The Cash Application Specialist is responsible for working in conjunction with the accounting department to ensure daily deposits are posted to the system in a timely, organized, and accurate manner. They will also be responsible for keeping up-to-date on daily deposits by not being more than two days behind on average for posting daily deposits.
RESPONSIBILITIES
- Answer incoming phone calls promptly and consistently, following communication standards
- Reconcile and research outstanding cash, 835, 3rd party posting, 3rd party aging, and private pay
- Balance bulk payments from all payor classes to patient accounts and 3rd parties
- Process credit card transactions once the money is in the bank
- Run reports for posting and reconciling payments and credit card charges
- Reconcile zero balance EOBs when insurance companies recoup/pay in bulk with no payment received
- Note patient accounts when needed
- Follow all applicable government regulations, including HIPAA
- Comply with departmental policies regarding safety, attendance, and dress code
- Failure to adhere to consistent phone answering or the above responsibilities may result in disciplinary action, up to and including dismissal
- Other duties as assigned by Department Manager
QUALIFICATIONS
- High School diploma or equivalent
- Framework LTC & General computer knowledge & 10-key Number Entry preferred
- Knowledge of Sage preferred
- Able to read, write, speak, and understand the English language
- Able to work in a fast-paced environment
- Basic computer knowledge skills required
- Basic math and analytical skills
- Proficient in Microsoft Word, Excel, and Outlook required
- Customer Service
- Results-oriented
- Good organization/Attention to detail
- Able to work at a moderate speed
- Able to work during inclement weather
- Reliable
- Problem solver
- Able to work various shifts and days
- Adaptability to an ever-changing environment
PHYSICAL DEMANDS
The physical demands described here are representative of those that should be met by an employee to successfully perform the essential functions of this job:
- May sit or stand seven (7) to ten (10) hours per day
- The employee is occasionally required to sit; climb or balance; and stoop, kneel, bend, crouch, walk, crawl intermittently
- May be necessary to work extended hours as needed
- May lift and/or move up to 50 pounds
- The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this role
HOLIDAY & PTO POLICY
- Paid holidays are provided annually, with 6 days offered each year, along with 5 sick days.
- Employees earn up to 10 PTO days each year, with rollover options and milestone bonuses.
- Employees have the option to cash out up to 10 PTO hours each quarter for added financial flexibility.
Please note we are a long-term care pharmacy open 24-hours, 7 days a week. And scheduled may change as determined by the needs of the business.
BENEFITS For full time employees
- Medical, Dental, Vision and Life Insurance
- 401 (k) (available for Part Time & Full Time EEs)
- Short-term and Long-term disability insurance
- Tuition reimbursement
- Personal Time Off (PTO)
- Competitive compensation, including annual performance evaluations and merit-based salary advancements.
- Career growth potential
- Annual on-site voluntary Flu Vaccine
- Employee referral bonus program