Medical Biller
Elevate Patient Financial Solutions® · United States · 1 wk ago
RemoteRemoteHealthcareFull-time
About the role
This full-time position is 100% remote, with a Monday-Friday schedule from 8:30AM to 5:00PM. Bring your passion for helping others and grow with a company that values your impact.
Responsibilities
- Continual follow-up on outstanding accounts through contracts/inquiries to third-party and governmental payers to facilitate prompt resolution or payment based on the Follow-Up department guidelines.
- Sort, prioritize, document receipt of insurance/patient correspondence, respond by initiating appropriate collection activity, and maintain filing of correspondence for future retrieval.
- Prepare and post any necessary adjustments/claim changes on accounts through the system based on the follow-up to expedite the collection process and to ensure the accuracy of the account daily.
- Confer with payers to determine the reason for unpaid balances and to obtain payment commitments.
- Review assigned accounts, process the debit/credit adjustments, rebill the account to payers and systematically move monies back to the insurance or patient bucket and appropriate next action.
- Analyze and calculate the payment and contractual amounts on remittances received from payers. Includes denied claims to ensure that patients are billed appropriately.
- Request refunds or retractions as appropriate.
- Pull medical record or request medical record from Health Information Management for suspended claims in a timely manner.
Qualifications and Requirements
- At least 1 year of experience in Hospital Billing, Follow-Up or Collections
- A good understanding of reimbursement methodologies and terms
- A thorough understanding of commercial & government payer billing requirements
- Demonstrated knowledge of industry trends in Managed Care
- Familiarity working with third-party contracts and payment rules
- Demonstrated expertise in insurance, managed care and federal/state coverage
- High level of problem-solving skills
- The ability to work independently, identify patterns, make informed decisions, correctly identify root causes to determine appropriate actions and outcomes
- The ability to ensure the confidentiality and rights of patients and the rights of patients and the confidentiality of hospital and departmental documents
- A working knowledge of personal computers and other standard office equipment
- A positive demeanor, good verbal and written communication skills and professional in both appearance and approach
- The ability to handle potentially stressful situations and multiple tasks simultaneously