Patient Account Specialist
1 week ago
Pennsylvania Medicine, a leading academic medical center, is dedicated to delivering exceptional patient care and advancing medical research.
Job SummaryWe are seeking a highly motivated Patient Account Specialist to join our team in the Patient Accounting department. This role plays a critical part in ensuring the efficient collection of outstanding patient accounts, thereby contributing to Penn Medicine's cash flow and accounts receivable.
Key Responsibilities- Monitor and manage accounts receivable to optimize cash flow.
- Accurately document collection activities on the Patient Accounting system.
- Facilitate timely payments with insurance carriers through proactive communication.
- Prepare accounts for bad debt review based on established procedures and management approval.
- Initiate adjustments and corrections to accounts to maintain accurate records.
- Process late charges, re-bills, insurance discounts, refunds, and audit discrepancies efficiently.
- Diligently follow up with patients and insurance carriers to resolve outstanding balances.
- H.S. Diploma or equivalent (required).
- At least 1 year of experience in hospital patient accounting (required).
- Familiarity with hospital billing and reimbursement principles (required).
- Broad understanding of healthcare terminology and concepts (required).
Penn Medicine offers a comprehensive benefits package that includes competitive compensation, paid time off, and opportunities for career growth and development.
The estimated salary range for this position is $45,000-$60,000 per annum, depending on qualifications and experience.
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