You haven't searched anything yet.
Description
Job Grade: 4
Purpose of job:
The Reimbursement Specialist is responsible for managing outstanding worker’s compensation claims by collecting payments, resolving billing issues, and minimizing the number of uncollectable accounts. The ideal candidate will be results-driven and able to focus on key performance metrics to ensure quality and efficiency standards set forth by the company are met.
Main Duties
- Reduce the number of past due accounts through timely follow-up;
- Reduce the number of past due accounts through escalation and claim resolution;
- Increase cash performance through effective and persuasive collection attempts;
- Reduce the number of days in AR for uncollectable accounts
Requirements
Qualifications:
Knowledge, Skills and Abilities:
Available Shift: 10:00 am - 6:45 pm CST/11:00 am - 7:45 pm EST
Full Time
Specialty Trade in Construction
$38k-47k (estimate)
08/13/2022
05/31/2024
uhsweb.com
MEMPHIS, TN
25 - 50
1997
DOUGLAS J MARCHANT
$5M - $10M
Specialty Trade in Construction
Each year millions of workers are injured on the job and require medical attention. Since worker's compensation is an employee benefit governed by individual states, there are significant and varying rules and regulations involved in processing claims and obtaining reimbursements. Normal billing patterns in healthcare can't be applied to work comp because the nature of processing claims and the payer system is fundamentally different. This unique payor class lacks eligibility systems and invoicing remains a print and mail system burdened by "attachments". The collection process includes phone ...calls, high invoice submission rates and payment appeals. Finally, reimbursement rates differ by jurisdiction and providers don't know if payments are correct or not. UHS specializes in end to end management of worker's compensation claims for hospitals, surgery centers, and healthcare systems. We combine an in-depth knowledge of the work comp payor system with technology to create efficient methods of processing work comp claims from patient registration to cash application. Founded in 1997, UHS has managed over 1.5 million work comp patients, 3.9 million encounters, and $2.5 billion in work comp A/R for healthcare systems across the U.S. We take responsibility for processing work comp claims at patient registration. Our front end solution manages claim verifications and treatment authorizations as well as gathers important claim related information that will be needed to facilitate accurate billing and quick and accurate reimbursement. Healthcare providers bill claims in 837 format through clearinghouses to UHS. UHS handles the generation and distribution of invoices and performs all collection work. UHS ensures payments are accurate and cash posting is automated with 835 ERAs. Results include better collection yields, fewer unpaid accounts, lower A/R, process automation and lower processing costs. Talk to us about improving your work comp revenue cycle.
More
Show less
The job skills required for Reimbursement Specialist include Billing, Problem Solving, Confidentiality, Microsoft Excel, etc. Having related job skills and expertise will give you an advantage when applying to be a Reimbursement Specialist. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Reimbursement Specialist. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Reimbursement Specialist positions, which can be used as a reference in future career path planning. As a Reimbursement Specialist, it can be promoted into senior positions as a Staff Nurse - RN, Sr. - Medical Management that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Reimbursement Specialist. You can explore the career advancement for a Reimbursement Specialist below and select your interested title to get hiring information.
If you are interested in becoming a Reimbursement Specialist, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Reimbursement Specialist for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Reimbursement Specialist job description and responsibilities
Reimbursement specialists utilize reference materials and medical coding knowledge to address claims.
04/22/2022: Frankfort, KY
Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Reimbursement Specialist jobs
The career path for a reimbursement specialist starts by first obtaining a high school diploma or GED.
05/26/2022: Boca Raton, FL
Educational prerequisites for reimbursement specialists vary, from a minimum of a high school diploma to a bachelor’s degree.
04/27/2022: New York, NY
Step 3: View the best colleges and universities for Reimbursement Specialist.