What are the responsibilities and job description for the Medical Collections Specialist position at Hope Health Systems, Inc?
Hope Health Systems, Inc. is currently seeking a competent and detail-oriented Medical Collections Specialist to join our team. This role will work directly with patients, insurance companies, and medical providers, making it a crucial part of the billing department. Our ideal candidate will be familiar with medical billing procedures and have a strong understanding of patient accounting systems.
Responsibilities
Responsibilities
- Handling and resolving patient billing inquiries and complaints efficiently
- Managing the collections process, including submitting medical claims to insurance companies and ensuring timely payments
- Reviewing accounts for potential write-offs and making appropriate decisions based on company guidelines
- Monitoring insurances and patient receivables to identify and escalate significant issues to the manager
- Conducting audits to ensure compliance with standard practices and applicable legal regulations
- Maintaining current and accurate records of each interaction with patients or insurers for future reference
- Providing reports on account statuses and collections activities to management as needed.
- A minimum of a high school diploma, though further education in finance, accounting, or a related field is preferred
- At least 2 years of previous experience in medical billing and collections, particularly in a healthcare setting
- Knowledge of insurance guidelines, including Medicare and state Medicaid
- Proficiency in using medical software programs and electronic health records
- Strong verbal and written communication skills
- Excellent analytical abilities and attention to detail
- A clear understanding of medical terminology and laws related to collection practices.
- Comprehensive medical, dental, and vision health plans
- 401(k) retirement plan with company matching
- Professional development opportunities and continuing education assistance
- Flexible work schedule to promote work-life balance
- Paid time off, including vacations, holidays, and sick leave
- Wellness programs to support overall employee health and well-being.