Collection Specialist

Company: Arkansas Internal Medicine Clinic, P.A.
Location: Little Rock
Posted on: April 10, 2021

Job Description:

The Collection Specialist is responsible for the investigation of all outstanding medical insurance claim balances. This position challenges denials and appeals medical claims in effort to collect outstanding receivables from insurance companies. Patient collections are also included. The collection specialist helps with the day to day AR functions and is required to report timely findings in effort of making sure that productivity goals of working the collection balances are achieved. Essential Job Functions: Ensures timely follow-up on all assigned claims to secure timely payment Works with payers to determine denial reasons, corrects and appeals claims for payment in a timely manner Reduces claims in the over 60 to 90-day categories Accurately documents all transactions with health plans and patients regarding the financial status of claims and documents progressive collection efforts into the appropriate collection notes in all required computer systems Follows the department follow-up procedures Receives incoming calls related to the Collections Department Collects Patient Responsibility from the patient Meet benchmarks for AR volume

Keywords: Arkansas Internal Medicine Clinic, P.A., Little Rock , Collection Specialist, Accounting, Auditing , Little Rock, Arkansas