What are the responsibilities and job description for the Collections Specialist position at Premier Health Group?
We are seeking a skilled and experienced Collections Specialist to oversee the collection processes within our billing department. This role is critical in ensuring timely and effective recovery of payments while maintaining positive relationships with clients and payers. The ideal candidate will have a strong background in collections management, preferably with experience in the substance abuse and mental health fields.
What's in it for You?
Medical, Dental, and Vision Insurance 401(k) with 4% Matching
Paid Time Off (PTO)
Free Parking
Nearby Gym Access
Key Responsibilities:
- Oversee daily operations of the collections team, ensuring timely recovery of payments.
- Develop and implement strategies to improve collections and reduce outstanding balances.
- Collaborate with the billing team to resolve discrepancies and ensure accurate invoicing.
- Work directly with clients and insurance companies to collect overdue payments.
- Prepare reports on collection activities and performance metrics.
- Ensure compliance with regulations, especially in substance abuse and mental health billing.
- Provide training and support to collections staff to enhance performance.
Qualifications:
- Bachelor's degree in finance, accounting, business, or a related field (preferred).
- 3 years of experience in collections management, preferably within the substance abuse or mental health sector.
- Knowledge of insurance claims, billing processes, and regulatory requirements related to behavioral health.
- Strong leadership and communication skills, with the ability to manage and motivate a team.
- Excellent problem-solving abilities and attention to detail.
- Familiarity with billing and collections software.
- Ability to handle sensitive and confidential information with discretion.
