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Chesapeake Oncology Hematology Associates is Hiring a Collections Representative Near Largo, MD
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:-
Insurance Knowledge:
- Demonstrate a solid working knowledge of insurance processes, including deductibles, out-of-pockets, and copays.
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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.
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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.
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Customer Service:
- Interact with patients and their families to address billing inquiries.
- Provide clear explanations of charges and assist in establishing suitable payment arrangements.
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Collections:
- Initiate collection efforts for past-due accounts, adhering to ethical practices.
- Contact patients to discuss payment options and negotiate payment plans if necessary.
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Documentation:
- Maintain detailed and accurate records of all interactions and transactions related to patient accounts.
- Ensure comprehensive documentation of payment arrangements and billing communications.
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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.
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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.
- Medical Insurance
- Paid Leave
- Holidays
- 401k
- Short Term Disability
- 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
Full Time
$38k-48k (estimate)
05/28/2024
06/10/2024
The following is the career advancement route for Collections Representative positions, which can be used as a reference in future career path planning. As a Collections Representative, it can be promoted into senior positions as a Collections Representative III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Collections Representative. You can explore the career advancement for a Collections Representative below and select your interested title to get hiring information.
If you are interested in becoming a Collections Representative, 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 Collections Representative for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Collections Representative job description and responsibilities
A collections representative, often referred to as an account collector, works on behalf of creditors to collect past-due debts from consumers or businesses.
01/18/2022: Macon, GA
May also be known as bill collectors or accounts receivable specialists.
01/30/2022: Toledo, OH
Commonly deal with delinquent accounts—people or businesses who have not paid their bills on time.
02/10/2022: Rock Island, IL
Collections specialists often work for third-party agencies responsible for pursuing collections for several companies.
03/23/2022: Danbury, CT
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 Collections Representative jobs
Often entry-level professionals. Minimal experience and education required when pursuing this position.
03/09/2022: Davenport, IA
Step 3: View the best colleges and universities for Collections Representative.
