Job Description
Looking for EXPERIENCED collectors with any healthcare collecting from healthcare insurance companies. Must have experience billing insurance companies in ANY setting. We're paying $20-22 + hour plus a quarterly bonus that brings the annual pay starting at $41,600 and up to $50,000+, full benefits, 401K match up to 6%, PTO 40-160 hours, In-Office M-F 8:30-5:00 PM.
JOB DESCRIPTION
Summary/Objective
Medical Collectors are responsible for all functions related to the collection of payment on patient accounts. Essential to this position is the ability to manage all insurance follow-up for maximum insurance reimbursement. To include outbound and inbound insurance carrier calls, reprocessing claims, drafting appeals, working denials and resolving unpaid claims.
Essential Functions
· Follow up on outstanding claims and unpaid accounts, proactively identifying and resolving billing and collection issues.
· Resolve claim denials and discrepancies by conducting thorough research, contacting insurance companies, and appealing denials when necessary.
· Applies a thorough understanding/interpretation of Explanation of Benefits (EOBs) and remittance advice, including when and how to ensure that correct and appropriate payment has been received.
· Recognizes when additional assistance is needed to resolve insurance balances and escalates appropriately and timely through defined communication and escalation channels.
· Notifies Supervisor of claim edits that could be reduced/eliminated through system modifications and/or communication and feedback to the department or other areas.
· Follow established Collections processes and procedures.
· Calculates patient responsibility, interpret explanation of benefit message codes, identify payment discrepancies by contacting insurance carrier and determining if rebilling is necessary.
· Records pertinent data on collection efforts and customer financial status in database.
· Collect clinical information requested by insurance companies.
· Monitor and maintain assigned accounts, account adjustments, small balance write off, customer reconciliations and process patient and insurance refunds.
· Ensure compliance with all corporate policies and procedures, third party payer requirements, and governmental laws and regulations.
· Provide regular communication with the team and management regarding collections.
· Communicates effectively over the phone and through written correspondence to explain why a balance is outstanding, denied and/or underpaid using accurate and supported reasoning based on EOBs, reimbursement, and payer specific requirements.
· Communicates all payment issues on accounts to Collections Supervisor so timely communication can be made to the families.
· Ability to analyze and interpret documents, contracts, notes, and other correspondence.
· Manage multiple tasks, prioritizing workload in an efficient manner.
· Special Projects as assigned.
Performance Metrics-
· Ensure all appeals, reconsiderations, and/or corrected claims are submitted within appropriate time limits set by payors.
· All incoming mail worked within 48 hours of receipt.
· Denials or short pays identified by payment posting worked within 1 week of receipt.
· 60 – 90 day aging report for assigned payors worked each month to ensure all claims are on file no deadlines are missed
· Top 10 accounts for assigned payors worked monthly and results reported to Collections Supervisor by 2nd business day of the following month.
Preferred Education and Experience
· Brightree experience is a plus.
· DME Collections Experience highly preferred.
Supervisory Responsibility
No
Work Environment
In Office or Remote
Physical Demands
Able to lift and carry up to 10lbs
Position Type/Expected Hours of Work
This is a full-time position. Days and hours of work are Monday through Friday, 8:30a.m. to 5 p.m. or other agreed upon schedule
Travel
None
Organizational Requirements
1. Experience recognizing the needs and concerns of individuals.
2. Effectively communicate orally and in writing
3. Ability to follow verbal and written instruction.
4. Professional telephone & email etiquette
5. Able to work in a fast-paced, self-directed environment.
6. Detail oriented with excellent time management skills.
7. Decision-making, problem resolution and creative thinking skills.
8. Responds well to multitasking while providing exceptional customer service, support, and responsiveness.
9. Should be honest, competitive, energetic, enthusiastic, professional, and systematic.
Other Duties
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.
...Accounting Assistant We wanted a PBM that worked better so we created one. Liviniti , the leading disruptor in the PBM industry, simplifies the complexities of navigating through the Pharmacy Benefit Manager world by offering a value-added approach to ensure the...
...Job Description Job Description Job Summary: The Manufacturing Quality Engineer I (QE) is responsible for providing oversight and guidance... ...quality issues, and offer corrective actions.& Additionally, the QE will conduct safety inspections and provide recommendations...
...Join our team as a Medical Courier Driver and become an integral part of our mission to deliver essential medical supplies promptly and safely to healthcare facilities in the Pensacola area. Employment Type: Independent Contractor (1099) Location: Pensacola, Ft...
...Job Description Job Description Welding Fabricator $17-$23 /Hr About Us: Join our thriving Morrison team located in Morrison, TN, a leader in Metal Fabrication where innovation, craftsmanship, and excellence converge. We are seeking Welding Fabricators to...
Position : Forensic Scientist (DNA)Company : Department of Forensic Sciences (DFS)Location : Washington, DCEnd date : November 24, 2024Position Description: Download DocumentOur MissionThe American Society of Crime Laboratory Directors (ASCLD) is a nonprofit professional...