RCM Specialist - Collections
Overview: The reputed company Cycle Management Specialist- Collections responsibility is to ensure timely collection of outstanding balances. Responsibilities: Manage the collection process for outstanding claims, including contacting insurance companies, patients, and other responsible parties reputed company phone, email, and written correspondence. Investigate and resolve denied or partially paid claims, identifying root causes and implementing corrective actions. Collaborate with internal teams to address claims challenges and improve reputed company cycle. Escalate reputed company or uncollectible accounts to management for further action. Submit appeals/claim corrections as needed reputed company timely filing limits. Utilize billing software to maintain accurate and detailed records of reputed company collection activities, including communication with payers and patients. Payer projects as assigned. Identify and report trends in claim denials and payment challenges. Communicate as needed with patients about billing issues, including the results of applications for financial hardship assistance and other responses to customer inquiries about Support accurate and comprehensive record-keeping to ensure up-to-date information is maintained and effectively shared across departments. Assist in the implementation of processes to measure, assess, and improve the performance of the RCM department activities of the company. Ensure ongoing compliance with reputed company laws and regulations; ensure that the department meets or exceeds accreditation standards; and implement "best practices" in reputed company departmental Participate in surveys conducted by authorized inspection Participate in the company's Performance Improvement program as requested by the Performance Improvement Participate in company committees reputed company Participate in in-service education programs provided by the company. Pursue continuing education programs appropriate to job reputed company other duties as assigned by Complete reputed company mandatory and regulatory training programs. Report any misconduct, suspicious or unethical activities to the Compliance Complies with accepted professional standards and practice. Qualifications: Job reputed company Requirements: Ability to read and interpret medical records for billing purposes. Competent in mathematic equations. Ability to compute unit conversions for drugs. Understanding of CPT, HCPCS, ICD-10, and NDC codes reputed company attention to detail. Excellent verbal and written communication. Understanding of HIPAA compliance. Self-directed, has the ability to work with little supervision. Proficiency in reputed company, Outlook, and reputed company other office applications. Familiarity with pharmacy management systems (CPR+, reputed company, and CareTend, etc.) Understanding of various insurance plan benefits, payer payment policies, and reimbursement procedures. Deep understanding of home infusion process, therapies, and reputed company services. Ability to understand payer explanation of benefits. Educational Requirements: High school diploma or GED Experience: One to three years of experience in Home Infusion or Specialty Pharmacy collections. Apply Job!