Accounts Receivable Specialist

Posted 3ds ago

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Job Description

Accounts receivable specialist following up on insurance claims and appeals. Supporting Ovation Healthcare’s mission to strengthen independent community hospitals.

Responsibilities:

  • Follow up with insurance payers on outstanding claims
  • Break down obstacles to payment and accelerate cash collections
  • Follow up and collect on accounts in assigned inventory
  • Use follow-up strategies and tools to resolve claims and obtain payment
  • Escalate unpaid claims to payer claims supervisors when regular follow-up is unsuccessful
  • Document client host systems using the 5 W’s framework and applicable policies and procedures
  • Copy account notes into Amplify’s workflow tool
  • Assign status codes in Amplify to identify and address trends
  • Write first- and second-level appeals for denials to overturn denials and secure payment
  • Escalate payer denial and other trends to Management
  • Work assigned underpayments as directed by Management
  • Maintain daily productivity and quality expectations
  • Research and analyze correspondence related to assigned accounts

Requirements:

  • Ability to work independently from home in a fast-paced, changing, and goal-oriented environment
  • Direct account follow-up and/or billing experience
  • Knowledge of Medical Terminology, ICD-10, CPT, and DRG
  • Intermediate experience in Excel preferred
  • Ability to safeguard confidential patient account information
  • Understanding of the entire revenue cycle
  • Detail-oriented and organized, with critical thinking skills
  • Problem-solving, inquiry handling, and customer interaction skills
  • High school diploma or equivalent
  • Additional training in hospital insurance collections is a plus
  • 3-5 years of collections experience in a Hospital Business Office
  • Stable internet connection, quiet dedicated workspace, and access to necessary office equipment
  • Ability to communicate daily with team members, management, and clients via email, phone, video meetings, and collaborative tools

Benefits:

  • Work from home / 100% remote
  • Stable internet connection, quiet and dedicated workspace, and necessary office equipment required for remote work
  • Daily communication and collaboration through email, phone calls, video meetings, and collaborative tools