Accounts Receivable Director of Financial Operations
5 days ago
Our client, a leading orthopedic and sports medicine practice in Long Island, seeks an experienced Accounts Receivable Director to manage and streamline unique A/R processes. The ideal candidate will have specialized knowledge in orthopedics and spine, as well as a strong background in Workers' Compensation and No-Fault claims.
Key Responsibilities- Oversee and manage the Accounts Receivables (A/R) team to ensure timely and accurate processing of payments.
- Lead A/R operations specific to orthopedics and spine, including claims for Workers' Comp and No-Fault cases.
- Manage and optimize the IDR (Independent Dispute Resolution) process for payment collections.
- Collaborate with attorneys to handle appeals, arbitrations, and other legal aspects of claims processing.
- Develop and implement strategies to improve payment collection efficiency and reduce outstanding receivables.
- Ensure compliance with state and federal regulations relevant to Workers' Comp and No-Fault claims.
- Train and mentor team members, fostering a high-performance work environment.
- Proven experience in Accounts Receivables management within orthopedics.
- In-depth understanding of Workers' Compensation and No-Fault claims processes.
- Experience working with attorneys on appeals and arbitration cases.
- Familiarity with IDR processes and other specialized payment collection methods.
- Strong leadership and organizational skills, with a track record of managing successful A/R teams.
- Excellent communication skills for both internal and external stakeholder management.
- Knowledge of relevant healthcare regulations and billing practices.
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