Medical Collector - PB (Hybrid)

LCMC Health • New Orleans, LA

4d • Hybrid

About The Position

The Collector is responsible for Collections and Denial Management ensuring the appropriate action is taken on assigned accounts in a timely manner resulting in positive resolution.

Requirements

• Minimum two years Of experience in a healthcare environment, particularly in healthcare billing, collections, payment processing, or denial management is preferred
• A high school diploma or GED
• Must be able to pass basic computer skills test and system level training
• Working knowledge of system reports and the ability to analyze system information to determine the impact of possible changes
• Demonstrates knowledge of: Hospital and professional billing processes and reimbursement, Third-party contracting, Insurance protocols, delay tactics, systems, and workflows, ERISA guidelines for denials and appeals, Regulations related to denials and appeals
• Ability to take initiative by identifying problems, conceptualizing resolutions, and implementing change
• Possesses efficient time-management skills and proven ability to multitask under tight deadlines
• Demonstrates excellent customer service skills
• Effective writing and communication skills
• Strong comfort level with computer systems

Nice To Haves

• Minimum two years Of experience in a healthcare environment, particularly in healthcare billing, collections, payment processing, or denial management is preferred

Responsibilities

• Maintains responsibility for accurate and timely completion of daily follow-up or denial account assignment
• Identifies and analyzes underpayments to identify reasons for discrepancies and process denials and appeals as needed
• Reviews posted payments and adjustments to ensure accuracy. Analyzes EOBs to ensure proper reimbursement
• Conducts relevant research to complete appeals process to include assessing, complete and accurate documentation, tracking, responding to, and / or resolving appeals with third party payers in a timely manner
• Communicates with payers on outstanding claims, resolves payment variances and achieves timely reimbursement
• Accurately documents all activity on the patient account
• Collaborates with internal departments and external organizations to ensure correct reimbursement and resolve appeals
• Monitors underpaid and denied claims for trends and to identify root causes and reports findings to supervisor
• Demonstrates initiative and resourcefulness by making recommendations and communicating trends and issues to management
• Observes best practice processes in follow-up and customer service activities
• Participates in staff training that aligns with recognized improvement opportunities and increase understanding of Medicare/Medicaid requirements as well as general follow-up processes
• Acts in accordance with LCMC’s mission and values, while serving as a role model for ethical behavior
• Adheres to federal and state regulations related to the protection of patient information (e.g., the Health Insurance Portability and Accountability Act (HIPAA) as well as facility-specific guidelines

Benefits

• LCMC Health is an equal opportunity employer. All qualified applicants receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability status, protected veteran status, or any other characteristic protected by law.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED