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Reimbursement Specialist

2 months ago

Earth City, Missouri, United States Numotion Full time
Job Summary

Numotion is seeking a highly skilled Reimbursement Specialist to join our team. As a Reimbursement Specialist, you will play a critical role in achieving cost-effective accounts receivables performance by collecting payments, reducing aging of receivables, and decreasing Days Sales Outstanding (DSO).

Key Responsibilities
  • Collect accounts receivable from major payers and collaborate with the Billing & Collections Coordinator to ensure timely and accurate collection activity.
  • Prepare and distribute weekly/monthly reports in the required format to management.
  • Recommend departmental education, training needs, or process improvements related to reimbursement functions to Reimbursement Managers and the RBC Director.
  • Analyze and document trends related to payer denials, underpayments, overpayments, fee schedule changes, and BCC workflow related to unapplied deposits and other billing and collections.
  • Prepare and respond to audits/appeals within the required timeframes.
  • Conduct required training and assist with new hire onboarding for Billing and Collections Coordinators.
  • Communicate weekly tracking and progress on appeals/audits with management.
Requirements
  • High School Diploma and/or GED.
  • Minimum of three (3) years' accounts receivable collections experience.
  • Minimum three (3) years' experience within healthcare, durable medical equipment, or a related capacity.
  • Proficient in MS Word, Excel, PowerPoint, and other relevant software.
Preferred Competencies and Qualifications
  • Ability to define problems, collect data, establish facts, and draw valid conclusions.
  • Superior communication skills, both written and verbal, to effectively address all levels within the organization.
Physical Work Requirements
  • Frequent use of hands, wrists, fingers associated with computer equipment.
  • Must be able to lift up to 10 pounds.
  • Must be able to work overtime as needed.