You haven't searched anything yet.
Position Title: Medical Collections Representative
Department: Billing & Collections
Billing Specialists will be responsible for accurately coding and submitting medical claims and reconciling rejections/denials from insurance payors. Specialists must have a thorough understanding of medical billing procedures, coding guidelines, and insurance regulations, along with strong analytical and communication skills.
Responsibilities:
1. Claims Preparation and Submission: Prepare and submit medical claims to insurance companies and government payers using appropriate coding and billing procedures. Ensure accuracy and completeness of claim forms, including patient demographics, diagnosis codes, CPT/HCPCS procedure codes, and modifiers.
2. Coding Review: Review medical documentation and patient records to assign accurate diagnostic and procedural codes in compliance with coding guidelines and regulations (e.g., ICD-10-CM, CPT, HCPCS). Identify any discrepancies or missing information that may impact claim processing or reimbursement.
3. Claims Processing: Submit claims to insurance companies, government and independent payers accurately and in a timely manner.
4. Payment Posting and Reconciliation: Post payments received from insurance companies, patients, and other third-party payers to patient accounts accurately and in a timely manner. Reconcile payments with billing records, resolve discrepancies, and identify outstanding balances for follow-up.
5. Denials Management: Investigate initial claim denials and rejections from insurance companies. Identify root causes of denials, such as coding errors or lack of documentation, and take corrective actions to resubmit claims and maximize reimbursement.
6. Contract Compliance: Monitor payer adherence to contractual obligations and escalate issues as needed. Provide insights and recommendations to optimize contract performance and reimbursement rates.
7. Compliance and Documentation: Ensure compliance with healthcare regulations, including HIPAA, Medicare, and Medicaid guidelines, in handling patient information and billing records. Maintain accurate and detailed documentation of billing activities, claim submissions, and communications with payers and internal stakeholders. Protects company value by keeping collection information confidential.
To learn more, please visit us at: www.ethosoutcomes.com
Ethos Therapy Solutions is an equal opportunity employer and does not discriminate against any employee or applicant for employment based on race, color, religion, national origin, age, gender, sex, ancestry, citizenship status, mental or physical disability, genetic information, sexual orientation, gender identity, veteran status, or military status. Ethos Therapy Solutions complies with all applicable federal, state and local laws concerning non- discrimination.
Job Type: Full-time
Pay: $21.00 - $22.00 per hour
Benefits:
Schedule:
Work setting:
Ability to Relocate:
Work Location: In person
Full Time
Consumer Services
$42k-52k (estimate)
05/09/2024
09/04/2024
ethosoutcomes.com
BLUE BELL, PA
50 - 100
2008
Private
WARREN BYRNE
$5M - $10M
Consumer Services
The job skills required for Medical Collections Representative include Billing, Life Insurance, HIPAA, etc. Having related job skills and expertise will give you an advantage when applying to be a Medical Collections Representative. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Medical Collections Representative. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Medical Collections Representative positions, which can be used as a reference in future career path planning. As a Medical 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 Medical Collections Representative. You can explore the career advancement for a Medical Collections Representative below and select your interested title to get hiring information.