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Medicare Billing Specialist
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$42k-50k (estimate)
Full Time 5 Days Ago
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Chesapeake Oncology Hematology Associates is Hiring a Medicare Billing Specialist Near Baltimore, MD

Job Description Job Opening: Patient Accounts Representative/Accounts Receivable

We are seeking a skilled and detail-oriented Patient Accounts Representative/Accounts Receivable professional to join our team. The ideal candidate should possess the following qualifications and be proficient in the responsibilities outlined below:

Key Responsibilities:
  1. Insurance Knowledge:

    • Demonstrate a solid working knowledge of insurance processes, including deductibles, out-of-pockets, and copays.
  2. Payment Posting:

    • Accurately record payments received from patients and insurance companies in the billing system.
    • Apply payments to the appropriate patient accounts to ensure precise financial records.
  3. Account Reconciliation:

    • Conduct regular reviews of patient accounts to identify discrepancies, errors, or unpaid balances.
    • Investigate and promptly resolve any account discrepancies to maintain accurate financial records.
  4. Customer Service:

    • Interact with patients and their families to address billing inquiries.
    • Provide clear explanations of charges and assist in establishing suitable payment arrangements.
  5. Collections:

    • Initiate collection efforts for past-due accounts, adhering to ethical practices.
    • Contact patients to discuss payment options and negotiate payment plans if necessary.
  6. Documentation:

    • Maintain detailed and accurate records of all interactions and transactions related to patient accounts.
    • Ensure comprehensive documentation of payment arrangements and billing communications.
  7. Compliance:

    • Ensure strict compliance with healthcare billing regulations, including but not limited to HIPAA.
    • Adhere to other relevant guidelines to maintain legal and ethical billing practices.
  8. Reporting:

    • Generate regular reports on accounts receivable status, collections efforts, and billing performance for management review.
    • Provide insights and recommendations based on the analysis of financial reports.
Benefits:
  • Medical Insurance
  • Paid Leave
  • Holidays
  • 401k
  • Short Term Disability
Qualifications:
  • Previous experience in a similar role within healthcare finance or billing.
  • Strong understanding of insurance processes and healthcare billing regulations.
  • Excellent communication and negotiation skills.
  • Proficient in relevant software applications for billing and financial record-keeping.

If you are a dedicated and experienced Accounts Receivable professional with a passion for ensuring accurate financial transactions in a healthcare setting, we encourage you to apply.

Job Summary

JOB TYPE

Full Time

SALARY

$42k-50k (estimate)

POST DATE

05/25/2024

EXPIRATION DATE

06/12/2024

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The following is the career advancement route for Medicare Billing Specialist positions, which can be used as a reference in future career path planning. As a Medicare Billing Specialist, it can be promoted into senior positions as a Medical Billing Supervisor that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Medicare Billing Specialist. You can explore the career advancement for a Medicare Billing Specialist below and select your interested title to get hiring information.

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