Accounts Receivable Specialist

Job Summary:

• The Accounts Receivable Specialist is responsible for managing and overseeing the accounts receivable functions related to Durable Medical Equipment (DME) services and products. This includes billing, processing payments, working with insurance companies, and following up on outstanding claims to ensure timely payment.

Benefits:

• Medical, Dental, Vision, and Rx Coverage (1st of next month)
• Paid Vacation
• Paid Holidays
• ESOP (Employee Stock Ownership Plan)
• Company Paid Life Insurance
• Employee Store Discounts
• Employee Assistance Program

Duties and Responsibilities:

• Generate and review invoices for medical equipment and related services provided to patients
• Monitor aging accounts receivable and take appropriate action to reduce outstanding debt
• Ensure accurate and timely billing of insurance claims and patient accounts, utilizing appropriate procedure codes (CPT, HCPCS, ICD-10) for each item or service
• Submit claims to insurance companies, ensuring accuracy and adherence to policy guidelines
• Follow up on unpaid or denied claims and appeal where applicable
• Work closely with insurance providers to resolve billing issues and discrepancies
• Reconcile payment discrepancies and investigate any issues that arise
• Process patient payments and provide receipts
• Contact patients and insurance providers regarding outstanding balances
• Establish payment plans for patients as needed
• Assist in identifying error trends that lead to bad debt loss
• Perform related duties as assigned by management

Knowledge, Skills, and Abilities:

• High school diploma or equivalent
• Experience in accounts receivable, preferably in the DME or healthcare industry
• May include long periods of sitting
• Knowledge of insurance billing practices, including Medicare, Medicaid, and private insurance
• Familiarity with medical terminology and the healthcare reimbursement process
• Proficient in using computer software and Microsoft Excel
• Strong understanding of medical billing procedure codes, including CPT, HCPCS, and ICD-10 codes
• Strong organizational skills with attention to detail
• Excellent communication and interpersonal skills

Job Type: Full-time

Expected hours: 40 per week

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Employee assistance program
• Employee discount
• Health insurance
• Life insurance
• Vision insurance

Schedule:

• 8 hour shift
• Monday to Friday
• No weekends

Application Question(s):

• Do you have any experience working in the medical field or with DME (durable medical equipment)?
• Are you willing to undergo a pre-employment background check and drug screen?

Experience:

• Accounts Receivable: 1 year (Required)
• Medical billing: 1 year (Preferred)

Ability to Commute:

• Medina, OH 44256 (Required)

Work Location: In person