
Collections Specialist
Posted Aug 22

Posted Aug 22
This is a fully remote position, open to applicants in United States.
• Initiate calls to collect payments on commercial, Federal, and patient accounts.
• Ensure receipt of payment for services provided.
• Analyze trends with insurance providers.
• Inform colleagues about trends related to insurance carriers.
• Keep meticulous collection and billing records.
• Record all activities in Specialty Pharmacy Business Operating, Electronic Document Management Systems, and the monthly Accounts Receivable spreadsheet.
• Engage in daily follow-ups and manage the follow-up report, ensuring no more than a one-week delay from the assigned date.
• Seek reimbursement for designated payors/accounts and document results in the electronic medical records system.
• Support collection efforts as instructed by the Team Manager.
• Process correspondence from assigned payors within one week of receipt.
• Adhere to established productivity standards.
• Keep the aging status for accounts over 120 days at or below departmental benchmarks.
• Collaborate with billing personnel and administrative assistants to timely and accurately submit corrected claims and necessary documentation.
• Contribute to reducing Days Sales Outstanding (DSO) and enhancing collections.
• Re-verify patient insurance coverage as required or directed.
• Provide training to other collectors as needed.
• Assist with additional projects as assigned by the Team Manager.
• High School Diploma or equivalent qualification.
• Experience in collections within a Home Infusion setting.
• Strong knowledge of various types of insurance plans.
• Excellent communication abilities.
• Strong organizational skills.
• Self-driven and motivated worker.
• Proficient in computer use.
• Medical insurance.
• Dental insurance.
• Vision insurance.
• 401(k) plan with Employer Match up to 10%.
• Paid Time Off.
• Paid Holidays.
• Flexible Spending Account (FSA).
• Life & AD&D Insurance.
• Disability Coverage.
• Employee Referral Program.
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