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Accounts Receivable Specialist
2 months ago
Job Title: Accounts Receivable Representative
Company: Royalty Medical Solutions
Job Type: Full-Time
Position Summary: We are seeking a skilled and detail-oriented Accounts Receivable Representative to join our team at Royalty Medical Solutions. As an AR Rep, you will be responsible for managing and resolving outstanding accounts receivable balances. You will work closely with insurance companies, healthcare providers, and patients to ensure timely and accurate payment collection.
Key Responsibilities:
- Review and Reconcile Accounts Receivable Balances: Ensure accurate and up-to-date records of patient accounts, identifying and resolving any discrepancies or errors.
- Identify and Resolve Billing Errors and Discrepancies: Investigate and resolve billing errors, denials, and discrepancies in a timely and efficient manner.
- Contact Insurance Companies and Follow Up on Outstanding Claims: Communicate with insurance companies to resolve claims and ensure timely payment.
- Investigate and Respond to Patient Inquiries and Disputes: Respond to patient inquiries and disputes in a professional and courteous manner.
- Post Payments and Adjustments in the Billing System: Accurately post payments and adjustments to patient accounts.
- Prepare and Submit Appeals for Denied Claims: Prepare and submit appeals for denied claims in a timely manner.
- Maintain Accurate and Organized AR Records and Documentation: Maintain accurate and organized records of patient accounts and billing activities.
- Ensure Compliance with Healthcare Regulations and Insurance Guidelines: Ensure compliance with healthcare regulations and insurance guidelines in all aspects of the job.
Requirements:
- High School Diploma or Equivalent: Required
- Prior Experience in Accounts Receivable or Medical Billing Role: Required
- Knowledge of Medical Billing Procedures and Insurance Guidelines: Required
- Proficiency in Using Billing Software and Electronic Health Records (EHR) Systems: Required
- Strong Analytical and Problem-Solving Skills: Required
- Excellent Attention to Detail and Accuracy: Required
- Strong Organizational and Time Management Abilities: Required
- Excellent Written and Verbal Communication Skills: Required
- Ability to Work Independently and Collaboratively in a Team Environment: Required
Benefits:
This is a direct hire opportunity with Royalty Medical Solutions. Full benefits will be offered.
Royalty Medical Solutions is committed to providing an inclusive and welcoming environment for all members of our community and ensuring that no person is excluded from participation in or denied the benefits of our services on the basis of race, color, religion, sex, national origin, age, disability, genetic information, sexual orientation, gender identity, or any other characteristic protected by applicable law. We prohibit discrimination in all its forms and are dedicated to promoting diversity, equity, and inclusion.