What are the responsibilities and job description for the Accounts Receivable Specialist - Billing and Collections position at Methodist Family Health?
Job Details
Description
Responsibilities
Process accounts receivable for all medical services provided by MFH programs.
Make deposits of all remittances that are not electronically deposited.
Post all patient account deposits in MFH’s Electronic Medical Records System.
Perform monthly account reconciliations and adjustments as needed.
Maintain accurate records of payments, adjustment, and denials.
Assist in preparing financial reports and identifying trends in accounts receivable.
Perform other duties requested by the Director of Revenue or CFO.
Qualifications
High school diploma or equivalent. Associate or bachelor’s degree in finance, healthcare administration, or related field preferred.
Minimum of three to five years of related experience in medical billing and accounts receivable.
Detailed knowledge of healthcare accounting as it relates to accounting for patient accounts receivable, revenue, and contractual.
Knowledge of medical terminology, billing codes, and insurance processes.
Ability to receive verbal and written directions. Must be physically capable of sitting and standing for several hours at a time.
Must have good auditory, visual and olfactory ability. Ability to use hands and fingers to handle or feel objects, tools or controls.
Must be able to maintain effective audio, visual discrimination and perception needed for making observations, communicating with others, reading and writing, and operating office equipment and other treatment equipment.
Must be able to use a telephone to communicate verbally and a computer to communicate through written means, to review information and enter/retrieve data, to see and read characters on a computer screen, chart or other treatment items.
Must be willing and able to work with all patients of Methodist Family Health.
Flu vaccination is mandatory and required for all positions (subject only to qualified exemptions).
Job descriptions are not intended, nor should be construed, to be all-inclusive lists of all responsibilities, skills, efforts or working conditions associated with a job. While this job description is intended to be an accurate reflection of the job requirements, management reserves the right to modify, add or remove duties from particular jobs and to assign other duties as necessary.
When an employee performs two or more different jobs, for which different straight time hourly rates are established, the employee will be paid during overtime hours at a rate not less than one and one-half time the hourly rate established for the type of work he or she is performing during the overtime hours.
Pursuant to the Arkansas Medical Marijuana Act 593, this position is a designated safety-sensitive position according to MFH/MCH/MBH standards and processes
Description
Responsibilities
Process accounts receivable for all medical services provided by MFH programs.
Make deposits of all remittances that are not electronically deposited.
Post all patient account deposits in MFH’s Electronic Medical Records System.
Perform monthly account reconciliations and adjustments as needed.
Maintain accurate records of payments, adjustment, and denials.
Assist in preparing financial reports and identifying trends in accounts receivable.
Perform other duties requested by the Director of Revenue or CFO.
Qualifications
High school diploma or equivalent. Associate or bachelor’s degree in finance, healthcare administration, or related field preferred.
Minimum of three to five years of related experience in medical billing and accounts receivable.
Detailed knowledge of healthcare accounting as it relates to accounting for patient accounts receivable, revenue, and contractual.
Knowledge of medical terminology, billing codes, and insurance processes.
Ability to receive verbal and written directions. Must be physically capable of sitting and standing for several hours at a time.
Must have good auditory, visual and olfactory ability. Ability to use hands and fingers to handle or feel objects, tools or controls.
Must be able to maintain effective audio, visual discrimination and perception needed for making observations, communicating with others, reading and writing, and operating office equipment and other treatment equipment.
Must be able to use a telephone to communicate verbally and a computer to communicate through written means, to review information and enter/retrieve data, to see and read characters on a computer screen, chart or other treatment items.
Must be willing and able to work with all patients of Methodist Family Health.
Flu vaccination is mandatory and required for all positions (subject only to qualified exemptions).
Job descriptions are not intended, nor should be construed, to be all-inclusive lists of all responsibilities, skills, efforts or working conditions associated with a job. While this job description is intended to be an accurate reflection of the job requirements, management reserves the right to modify, add or remove duties from particular jobs and to assign other duties as necessary.
When an employee performs two or more different jobs, for which different straight time hourly rates are established, the employee will be paid during overtime hours at a rate not less than one and one-half time the hourly rate established for the type of work he or she is performing during the overtime hours.
Pursuant to the Arkansas Medical Marijuana Act 593, this position is a designated safety-sensitive position according to MFH/MCH/MBH standards and processes