Senior AR Collector US Healthcare
1 week ago
Job Overview
We are seeking a dedicated Senior AR Collector in US Healthcare to manage accounts receivable follow-up activities. This role offers a full-time opportunity requiring a minimum of 1 year of experience in the field. The ideal candidate will have expertise in Hospital billing, denial management, and AR follow-up to ensure efficient processing and payment resolutions.
Key Responsibilities
- Conduct comprehensive accounts receivable follow-up for outstanding medical claims with insurance companies.
- Identify and rectify any discrepancies or unpaid balances through denial management and appeals process.
- Verify insurance policies to ensure patients have appropriate coverage for rendered services.
- Post payments accurately in the billing system and reconcile any differences in payment received with expected amounts.
- Collaborate with healthcare providers to clarify information on patient records and billing statements.
- Maintain up-to-date knowledge on industry changes and insurers' policies to optimize accounts receivable collections.
- Contribute to process improvements within the AR follow-up operations to enhance efficiency and effectiveness.
- Ensure compliance with healthcare regulations, including HIPAA, to safeguard patient information throughout the billing process.
Requirements
- Proven experience in medical billing and coding is mandatory for this role, essential for handling complex claim issues effectively.
- Ability to manage denial management with a keen understanding of payer policies and identification of denial trends (Mandatory skill).
- Proficient in AR follow-up processes, necessary for timely resolution of outstanding accounts and maintaining cash flow (Mandatory skill).
- Experience with insurance verification, crucial for verifying patient information and coverage with third-party payers.
- Familiarity with payment posting procedures, ensuring accuracy in recording and applying payments.
- Strong knowledge of appeals process, adept at handling claim disputes and securing favorable outcomes for denied claims.
- Understanding of CPT/ICD-10 codes, vital for accurate billing and coding of healthcare services rendered.
- Comprehensive knowledge of HIPAA regulations to ensure compliance and protection of patient information.
- Claim form UB-04
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