Billing Specialist (Collector)

Responsible for obtaining accurate and detailed information concerning insurance and self-pay reimbursement on all patient accounts.

Responsibilities

• Request and process all bills to third party payors and patients, maximizing reimbursement of services provided to achieve established hospital goals.
• Perform accurate and timely data entry of charges, payments, adjustments, and other transactions to patient accounts, including both insurance and patient billing for charges incurred.
• Conduct timely follow-up with insurance companies on submitted billing to ensure effective and efficient cash flow of hospital receivables.
• Record both accounts receivable (A/R) and miscellaneous cash.
• Prepare bank deposits and post cash and adjustments to patient records as required.
• Balance A/R and maintain supporting reports per department policy.
• Retrieve and perform electronic billing to insurance companies in a timely manner.
• Make follow-up calls to insurance companies and guarantors as required.
• Perform other functions and tasks as assigned.

Requirements

• High school diploma or equivalent required.
• Additional college coursework preferred.
• Three years of business office experience, preferably in a hospital or medical office.