Receivable Specialist

1 week ago


Springfield, Illinois, United States Baystate Health Full time
Job Summary

Under the direction of the Receivables Supervisor and Lead, this role identifies medical insurance denials/appeals, makes appropriate system changes, completes balance adjustments, initiates write-offs, updates account registration/insurance information, documents work-in-process, obtains materials to complete the collection and/or appeals process, and mentors colleagues.

Key Responsibilities
  1. Reviews all accounts/invoices for collection/appeal activities and takes appropriate action based on findings. Prioritizes accounts through the Enterprise Task Management System (ETM).
  2. Reviews all denied claims for third party payer on "Explanation of Benefits" and remittance advises and takes appropriate action based on findings.
  3. Appeals claims from third party carriers with additional documentation as needed for appropriate reimbursement.
  4. Initiates "reimbursement inquiries" to Reimbursement Department for definitive answers to specific issues.
  5. Initiates charge corrections as needed, based on findings from Reimbursement Issues and Appeals and/or Coding.
  6. Accurately records and files all third party payer information, reimbursement inquiries, and appeals in process.
  7. Interacts effectively with external contacts. Keeps supervisor advised of issues and changes in volume that can affect meeting unit or department expectations.
  8. Accurately records productivity and other information required for established reports.
  9. Completes assigned projects with advanced productivity and efficiency while maintaining a high degree of accuracy.
  10. Mentors, shares information with, and trains colleagues.
  11. Performs other duties as assigned, including assisting other units or departments.
Requirements
  • Knowledge of current third party billing and collection regulatory guidelines and requirements.
  • Two or more years third party billing experience.
Preferred Qualifications
  • Knowledge of Centricity Business system.
Skills and Competencies
  • Ability to work in a fast-paced environment.
About Baystate Health

At Baystate Health, we know that treating one another with dignity and equity is what elevates respect for our patients and staff. It makes us not just an organization, but also a community where you belong. It is how we advance the care and enhance the lives of all people.

DIVERSE TEAMS. DIVERSE PATIENTS. DIVERSE LOCATIONS.

Education

GED or HiSET (Required)

Certifications

Equal Employment Opportunity Employer

Baystate Health is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, marital status, national origin, ancestry, age, genetic information, disability, or protected veteran status.



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