What are the responsibilities and job description for the Accounts Receivable Specialist position at Florida Heart Associates?
Florida Heart Associates is recruiting for an Accounts Receivable (A/R) Specialist to join our team. This is an excellent opportunity to join a stable, growing large cardiology practice that offers opportunities for growth and advancement. The A/R Specialist will review aged accounts for anomaly; work with insurance company representatives and co-workers to resolve open accounts and ensure a positive cash flow; prepare appeals and respond to patient inquiries. Initiates patient contact to collect past due balances via cycle statements, letters, and telephone. Establishes monthly payment plans with patients.
EDUCATION: High school diploma or equivalent.
EXPERIENCE: 3 years of experience with medical insurance benefits.
DUTIES INCLUDE BUT NOT LIMITED TO:
- Review EOB’s for denials/rejections/anomalies in payment within 48 hours of receipt
- Review medical insurance claims for resolution and payment
- Research, compile and respond to documentation requests from insurance carriers in a timely basis finding resolution to open account balances
- Systematically work accounts receivable to improve and reduce A/R days
- Perform various collection actions including contacting insurance companies and/or patient by phone, correcting and resubmitting claims
- Reviewing claims rejections/denial submit appeals for unpaid claims
- Prepare appeals when appropriate and file to insurance timely
- Work with insurance company reps to get claims resolved
- Maintains strictest confidentiality; adheres to all HIPAA guidelines/regulations
- Perform other duties as assigned by supervising manager.
PERFORMANCE REQUIREMENTS:
- Ability to interpret rules and regulations set by Medicare, Medicaid and Commercial payers
- Familiarity with insurance companies processes and nuances in regard to claim adjudication
- Knowledge of insurance billing and reimbursement, working knowledge of medical terminology and CPT codes, ICD-9/ICD-10
- Previous denials management experience preferred
- In-depth understanding of explanation of benefits (EOBs)
- Working knowledge of computerized medical management systems and/or web based programs
- Strong interpersonal and communication skills including verbal and written communication
- Extremely organized and detail oriented with the ability to work on multiple competing priorities
- Ability to work within a team setting and independently
- Excellent communication skills with internal and external customers
- Computer literate
- Knowledge of business office procedures
Florida Heart Associates is an Equal Opportunity Employer and is proud to be a drug and tobacco free organization.
Job Type: Full-time
Benefits:
- 401(k)
- 401(k) matching
- AD&D insurance
- Dental insurance
- Disability insurance
- Employee assistance program
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Vision insurance
Schedule:
- Monday to Friday
Application Question(s):
- If selected for this position, what would be your desired salary?
Education:
- High school or equivalent (Required)
Experience:
- medical insurance benefits: 3 years (Preferred)
Work Location: One location