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Accounts Receivable Specialist

2 months ago

Conshohocken, United States Gateway Search Associates Full time
Job DescriptionJob Description
  • Performs various collection actions including denial management, contacting patients and insurance companies by phone, correcting and resubmitting claims to third party payers
  • Understands steps to escalation
  • Gathers, compiles, and analyzes billing and statistical analysis
  • Manage daily Q-Report and revenue invoicing
  • Claims are submitted based on payer guidelines, e.g., Medicare
  • Working knowledge of medical terminology
  • Ability to understand insurance contracts for billing and collection purposes
  • Ability to prioritize and handle multiple tasks and projects concurrently
  • Demonstrated knowledge and proficiency in the principles, procedures and best practices related to this position
  • Thorough understanding of payers and payer contracts
  • Ability to identify trends, issues, problems
  • Respond to correspondence, phone calls, patients, and third-party requests
  • Maintain productivity standards and collection goals
  • Analyze client accounts for balances owed
  • Establishes payment plans to help clients manage payment of bills
  • Rebills insurance companies or other third parties to secure payment for clients
  • Coordinate collection of outstanding monies not received
  • Generate collection phone calls and correspondence for billing
  • Coordinate referral of bad debt accounts to collection agencies
  • Communicate regularly regarding the status of receivables, authorizations, and encounter issue trends
  • Prepare, review, and send patient statements per client guidelines
  • Knowledge of client payer contracts
  • Perform other duties as required
  • Assume ownership of various administrative functions as assigned from the company’s Account Receivable Manager


RequirementsBachelor’s degree in related field such as accounting or business preferred
2+ years in previous work experience as an accountant
Experience working with Microsoft programs esp. Excel is required
Experience in QuickBooks preferred