Hospital A/R Collector

USPI•Dallas, TX

About The Position

Reporting to the Hospital Collections Supervisor, the Collector must have a strong knowledge of medical collections, accounts receivables, insurance billing and verification, denial processing, appeal submission and EOB review. This position is responsible for resolving outstanding surgical claims resulting in maximum reimbursement.

Requirements

strong knowledge of medical collections, accounts receivables, insurance billing and verification, denial processing, appeal submission and EOB review.
Knowledge of all payers MCR, MCR ADVG, Medicaid, Medicare Advantage, and Commercial payers.
Ability to review medical documentation to justify medical necessity.

Responsibilities

Timely follow-up and resolution on all outstanding A/R including unpaid/underpaid/denied claims for all payers including self-pay to obtain maximum reimbursement.
Manage daily work queues to prioritize high dollar claim balances.
Perform insurance claim follow-ups for insurance denials and appeals; Contact insurance companies to check eligibility and benefits via phone or online.
Reviewing payer contracts to ensure claims have processed correctly.
Review & work incoming insurance and patient correspondence including refund requests.
Prepare and Write Medical Necessity appeals when appropriate or provide the requested medical documentation.
Review patient balances to ensure accuracy and follow up with patients to obtain payments.
Review insurance payments and determine accuracy of reimbursement based on contracts, fee schedules or summary plan documents.
Leverage knowledge of Medicare, state Medicaid, and local coverage determinations (LCD’s) for claim resolution.
Negotiate payment amounts for procedures with Third Party Administrators for out of network providers.
Recommend an adjustment when applicable or recommend a refund for overpayments to insurance carriers or patients, providing the appropriate documentation.