Medical Accounts Receivable Specialist

We are seeking a Medical Accounts Receivable (AR) Specialist to join our team. The ideal candidate is organized, detail-oriented, dependable, and experienced in managing medical accounts receivable and insurance follow-up.

The AR Specialist will be responsible for working outstanding accounts, following up with insurance companies, resolving denials and payment issues, processing daily deposits, and ensuring accounts are accurately balanced.

• Manage and work assigned medical accounts receivable.
• Review aging reports and prioritize outstanding balances.
• Follow up with insurance companies on unpaid and pending claims.
• Investigate and resolve claim denials, rejections, and underpayments.
• Submit corrected claims and insurance appeals when necessary.
• Review EOBs and ERAs to identify payment discrepancies.
• Contact insurance carriers to obtain claim status and resolve payment issues.
• Process bank deposit and post daily insurance and patient payments.
• Balance daily deposits against payment postings, deposit reports, and system totals.
• Research and resolve any discrepancies between deposits, payment postings, and bank records.
• Identify and correct billing and payment posting errors.
• Document all AR follow-up and payment activity accurately.
• Monitor accounts until payment or resolution is received.
• Assist with reducing outstanding balances and improving overall collections.
• Meet established AR, payment posting, accuracy, and collection goals.
• Maintain patient confidentiality and comply with HIPAA requirements.

Preferred Experience

• 1–3 years of medical AR or medical billing experience preferred.
• Experience processing daily deposits and balancing payment batches is preferred.
• Auto accident/PIP billing experience .
• Understanding of physical therapy and chiropractic billing
• Workers' Compensation billing experience.
• Experience with commercial insurance, Medicare, and Medicaid.
• Experience handling insurance denials, appeals, and claim corrections.
• Experience with payment posting and reconciliation.
• Strong understanding of EOBs and ERAs.
• Experience working insurance aging reports.
• Familiarity with medical billing and EHR software.

Pay: From $23.00 per hour

Expected hours: 40.0 per week

Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Paid sick time
• Paid time off
• Vision insurance

Experience:

• Microsoft Excel: 1 year (Required)
• medical billing: 2 years (Required)

Work Location: In person

Salary : $23