What are the responsibilities and job description for the Accounts Receivable Specialist position at Barrington Orthopedic Specialists?
Job Type
Full-time
Description
Barrington Orthopedic Specialists is looking for a full-time Accounts Receivable Specialist. Applicant must have knowledge of insurances, EOB's, and collections, and have the ability to analyze data. A disciplined individual with the ability to prioritize and multi-task with attention to detail, and the ability to maintain productivity at a consistent pace will be most successful.
This is a full-time position (40 hours per week), based out of our Schaumburg location.
Essential Function(s) of the Position :
- Build accounts receivable aging report
- Research and follow up on insurance claims
- Research and work correspondence from payers, attorneys, and patients
- Prepare and submit documentation for additional information requests, reconsiderations, and appeals
- Contact payers regarding denials, payment issues and claims questions
- Work closely with insurance provider representatives for complex claims issues
- Locate and upload explanation of benefits into practice management system as needed
- Contact providers for documentation or corrections needed for proper reimbursement
- Be familiar with payer fee schedules, confirm claims are being paid correctly
- Work closely with workers' compensation claims adjusters
- Process physician liens for litigated accounts
- Negotiate settlements with attorneys
- Keep up to date on federal and payer medical policy, reimbursement guidelines and appeal processes
- Identify and appeal underpaid claims
- Other duties as assigned.
Full-time Benefits Offered :
Requirements
Education / Experience :
Knowledge, Skills and Abilities :
