Accounts Receivable Manager manages accounts receivable functions to ensure compliance with internal controls and accounting policies. Oversees collection activities such as sending follow-up inquiries, negotiating with past-due accounts, and keeping track of cash receipts. Being an Accounts Receivable Manager monitors account aging reports, identifies delinquent accounts, and refers accounts to collection agencies. Develops and implements controls and policies to ensure accurate and compliant receivable records. Additionally, Accounts Receivable Manager verifies customer credit limits and applicable payment terms. Audits methods and procedures of accounts receivable function to improve efficiency. Requires a bachelor's degree. Typically reports to a director. The Accounts Receivable Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be an Accounts Receivable Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)
Job description
Established Independent Multi-Specialty Practice Seeking a Full Time Medical A/R Billing Specialist to join our team in High Point!
Our mission at BMC is to provide excellent care through a multi-specialty approach from prevention to intervention of potentially life- threatening health problems. Seeking a Medical A/R Billing Specialist for our Greensboro, High Point, Winston-Salem, Kernersville, Jamestown, North Wilkesboro and Mt Airy, North Carolina locations.
Bethany Medical Center (BMC), a Multi-Specialty physician practice located in High Point, Greensboro, Winston-Salem, Kernersville, Mt. Airy and North Wilkesboro, is seeking a Full Time Medical Billing Specialist. The Medical Billing Specialist will be responsible for Insurance Claims/Processing as well as Patient/Insurance Payment processing. Additional duties may include charge entry and payment posting. This person will work out of our High Point BMC office.
Insurance Specialist Duties:
· Resolves issues with insurance carriers by phone, online or writing.
· Handles phone calls from patients regarding insurance issues and ensures patient satisfaction.
· Communicates unresolved and recurrent insurance processing problems with the Billing Team Leaders.
· Assists Billing Team Leaders in identifying area of needed provider/staff education.
· Responsible for posting non-payment explanation of benefits, notating denials in billing office notes/tickler file and transferring invoices accordingly.
· Works collection tickler/aging report on a weekly basis to maintain insurance receivables in a current status.
· Attend/conduct scheduled meetings with administration to discuss accounts receivable and provide ideas and solutions to improve collections
· Performs other duties as required.
Charge Entry Duties:
· Post charges in Allscripts PM from Provider encounter forms and automated import within the instructed time frame
· Post charges in Allscripts PM for hospital charges turned in by Providers upon receipt
· Daily encounter forms, hospital and home health charge verification and tracking
· Apply posted copay money to correct date of service.
Payment Specialist Duties:
· Processes daily deposits and electronic fund transfers.
· Posts payments to accounts within the instructed timeframe.
· Monitors electronic remittances for any payments not received.
· Monitors overpayments and underpayments and forwards explanations of benefits to Billing Manager.
· Scans all insurance explanations of benefits as needed.
· Distributes Billing Department mail as needed.
· Performs other duties as assigned.
Additional Skills:
· Ability to read and interpret documents such as insurance documents, operating and maintenance instructions, and procedure manuals.
· Ability to write routine reports and correspondence.
· Ability to speak effectively before groups of customers or employees of organization
· Ability to calculate figures and amounts such as discounts, interest, proportions, percentages.
Knowledge, Skills, and Abilities:
· Associates degree preferred.
· 3 years of professional experience in Medical Billing, preferably in an outpatient clinical setting.
· Working knowledge of Allscripts PM and EMR.
· Strong communication skills; verbal and written.
· Ability to communicate clearly and effectively with a diverse client population.
· Professional aptitude, presentation and demeanor.
· Competency with Microsoft Office suite (Word and Excel).
Competitive Benefit Package Includes:
· Competitive Hourly Pay
· Company Paid Holidays
· Medical/Dental/Vision
· And more!
About Bethany Medical Center:
Bethany Medical Center (BMC) is a multi-specialty medical practice serving the triad and surrounding communities since 1987. BMC is open seven days a week, with multiple convenient locations in Greensboro, Winston-Salem, High Point, Kernersville, Jamestown, North Wilkesboro, and Mt. Airy, North Carolina. Bethany Medical Center offers Urgent Care, Primary Care, Pain Management, diagnostic testing, and specialty care services onsite. Bethany Medical Center is staffed with board certified Physicians and Advanced Clinical Providers representing eight medical specialties. Bethany providers are known for prompt and personalized care. BMC employs over 60 providers and over 530 full and part time employees. You are invited to learn about the scope of services on our website at www.bethanymedicalcenter.com* “Your Health is Our Concern” *
Job Type: Full-time
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