Job Overview:
Excel Orthopedics is seeking an experienced and detail-oriented Accounts Receivable Specialist to join our revenue cycle team. The successful candidate will be responsible for managing and processing incoming payments, ensuring accurate application of payments to patient accounts, and resolving billing discrepancies. Our practice specializes in the treatment of occupational injuries, so familiarity with the requirements of workers' compensation billing is favorable.
Essential Functions:
- Process and post payments from insurance companies and patients accurately and in a timely manner
- Analyze remittances to ensure payments align with contracts; communicate with insurance companies to resolve discrepancies
- Follow up on outstanding claims and patient accounts to ensure timely payment
- Prepare and submit appeals and reconsideration requests on denied claims
- Respond to patient and adjustor inquires regarding account status
- Generate and send out statements and invoices
- Maintain accurate records of all billing and payment activities
- Prepare regular reports on accounts receivable status and activities, identifying trends and areas for improvement
- Ensure compliance with AMA CPT and CMS billing guidelines and initiatives, payor regulations, and industry standards
- Collaborate with the revenue cycle team, clinical staff, and other departments to ensure a seamless revenue cycle process
Work Environment:
This position operates at a desk within a medical office environment and uses standard office equipment such as computers, telephones, copiers and fax machines.
Physical Requirements:
This role is required to sit for long periods of time and frequently operate a computer and telephone. Moving about the office to access office equipment is necessary. Lifting, carrying, pushing and pulling of up to 10 pounds is required.
Position Type:
This is an hourly full-time position that works Monday through Friday.
Qualifications:
- High school diploma or equivalent required
- Minimum of 2 years of experience in medical billing or accounts receivable
- Strong understanding of insurance processes
- Profiency in Microsoft Office Suite (Word, Excel, Outlook)
- Excellent organizational and time management skills
- Effective communication and interpersonal skills
- Ability to work independently and collaboratively, with a postive and proactive attitude
Job Type: Full-time
Benefits:
- 401(k)
- Dental insurance
- Health insurance
- Paid time off
- Vision insurance
Schedule:
Ability to Relocate:
- Chesterfield, MO 63005: Relocate before starting work (Required)
Work Location: In person