Work accounts to ensure timely resolution throughout the revenue cycle from creation to payment
Follow-up on claim submission, remittance review for insurance collections, create and pursue disputed balances
Contact third party payors and/or patients via phone, e-mail, or online to resolve uncollected account balances
Update plan IDs, adjust patient or payor demographic/insurance information, notate account details, identify payor issues and trends
Request additional information from patients, medical records, and other documentation upon request from payors
Review contracts and identify billing or coding issues and request re-bills, secondary billing, or corrected bills as needed
Open dispute records for further research and substantiation when necessary
Maintain desk inventory and meet productivity and quality standards
Perform special projects, attend meetings/training, and provide support for absent or backlogged team members
Ensure compliance with State and Federal Laws Regulations for Managed Care and other Third Party Payors
Document clear and concise notes in the patient accounting system
Respond timely to emails and telephone messages as appropriate
Requirements
High School diploma or equivalent. Some college coursework in business administration or accounting preferred
1-4 years medical claims and/or hospital collections experience
Minimum typing requirement of 45 wpm
Thorough understanding of the revenue cycle process, from patient access (authorization, admissions) through Patient Financial Services (billing, insurance appeals, collections) procedures and policies
Intermediate skill in Microsoft Office (Word, Excel)
Ability to learn hospital systems – ACE, VI Web, IMaCS, OnDemand quickly and fluently
Ability to communicate in a clear and professional manner
Must have good oral and written skills
Strong interpersonal skills
Above average analytical and critical thinking skills
Ability to make sound decisions
Has a full understanding of the Commercial, Managed Care, Medicare and Medicaid collections, Intermediate knowledge of Managed Care contracts, Contract Language and Federal and State requirements for government payors
Familiar with terms such as HMO, PPO, IPA and Capitation and how these payors process claims.
Intermediate understanding of EOB.
Intermediate understanding of Hospital billing form requirements (UB04) and familiar with the HCFA 1500 forms.
Ability to problem solve, prioritize duties and follow-through completely with assigned tasks.