Medical Accounts Receivable Specialist 3

HologicSan Diego, CA
14h$54,400 - $81,600

About The Position

Under minimal supervision and with a high level of knowledge, skills and experience, Accounts Receivable Specialist 3 performs a variety and full range functions related to Biotheranostics customer service, billing, appeals and accounts receivable resolution. Functions include but are not limited to billing, Third Party Payer follow-up, trend and A/R analysis, account inquiry resolution and appeals. In addition to specific duties, position may assist in other areas as needed to minimize risks related to achieving financial performance.

Requirements

  • High school diploma (or GED equivalent)
  • Minimum 5 plus years’ experience- all aspects of patient account management and resolution with an emphasis on Third Party Payers, A/R and denial resolution, preferably in a laboratory environment
  • Must be able to demonstrate strong knowledge of commercial and government health plan requirements, guidelines, billing practices and regulations
  • Support cross-trained culture
  • Ability to easily adapt to increased business demands
  • Ability to effectively work with and resolve complex accounts & billing issues
  • Self-starter, ability to work independently
  • Excellent troubleshooting and time management skills, attention to detail, utilizes time in a constructive manner
  • Flexible and reliable
  • Ability to effectively prioritize and multi-task
  • Ability to work in fast paced environment, perform under pressure, meet tight timelines
  • Establish and maintain cohesive and good working relationships
  • Excellent communication and customer service skills; cooperative, work collaboratively and treat others in respectful, professional and supportive manner
  • Working knowledge of ICD-10, CPT, LCD/NCD and reimbursement associated with such codes
  • Ensure compliance with all state and federal billing a HIPAA regulations
  • Strong knowledge and experience with Microsoft Excel as well as Word and Outlook, general office equipment, ten key by touch
  • Desire to learn and apply learned concepts to various situations
  • Intermediate Xifin experience

Responsibilities

  • Responsible for their own appeal creations, reviewing and submitting first, second and third level appeals to insurance companies
  • Reviewing/submitting AR Specialist 2, level 2 and level 3 appeals
  • Conduct root cause analysis and process improvement
  • Responsible for filing all level 3 appeals to include: external appeals (DOI complaints & CMS complaints), member appeals
  • Works special projects as assigned
  • May present findings to management
  • Uses independent judgement to solve issues
  • Timely, effective follow up and maximize collection of assigned Third Party Payer outstanding A/R and denials.
  • Analysis and timely reporting related to Third Party Payer A/R, denials and overall payer performance
  • Trend, payer issue, cash flow disruption identification, tracking, reporting and resolution
  • Processing, validation of payer requests and processed claims via correspondence, remittance advice and EOBs (i.e. identification of payment discrepancies, inappropriate requests)
  • Timely, effective processing of assigned appeals including development, submission, tracking, reporting and evaluation of appeal outcomes (i.e. next steps, improved outcomes)
  • Maximize utilization of Billing system, tools and resources to support cash collection activities
  • Keep current with all payer regulations, guidelines and provider/payer contract terms
  • Effectively manage incoming calls, resolve internal and external customer inquiries regarding all aspects of patient and/or client accounts
  • Support and maintain department cash and DSO goals
  • Data entry, correct insurance assignment to patient accounts, insurance eligibility verification. Review/update demographics and patient information for accuracy.
  • Performs additional tasks, projects, special assignments as required
  • Must be able to work under minimal supervision
  • Actively participates in team meetings, provides insight when asked
  • May be asked to present a topic during team meetings
  • Meets Level 3 daily and monthly productivity requirements

Benefits

  • We offer a competitive salary, annual bonus, and wide-ranging benefits policy including medical and dental insurance, 401(k) plan, vacation, sick leave and holidays, parental leave and many more!
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