What are the responsibilities and job description for the Insurance Collections Specialist position at Ridgeview Institute - Smyrna?
JOIN OUR TEAM AS AN INSURANCE COLLECTIONS SPECIALIST!
Monthly Bonus Opportunity (in addition to base pay)!
Your Work Matters How will you make a difference?
As an Insurance Collections Specialist, you will be critical in ensuring timely follow-up and payment collection, including private and third-party payer receivables. You will serve as the main point of contact between our facility and third-party payers to ensure maximum reimbursement and minimize aging receivables. Your work will support our mission by enhancing our financial health, allowing us to provide exceptional care to our patients.
Compensation
This is a full-time role, and the expected compensation range is $20.00 to $24.00, plus a monthly bonus opportunity. We’re eager to engage with all qualified candidates, and consideration will be given to experience and skill level. Join us as our Insurance Collections Specialist!
Monthly Bonus Opportunity (in addition to base pay)!
Your Work Matters How will you make a difference?
As an Insurance Collections Specialist, you will be critical in ensuring timely follow-up and payment collection, including private and third-party payer receivables. You will serve as the main point of contact between our facility and third-party payers to ensure maximum reimbursement and minimize aging receivables. Your work will support our mission by enhancing our financial health, allowing us to provide exceptional care to our patients.
- Understanding of third-party payor rules and regulations.
- Ability to read UB04 forms.
- Able to read and understand an EOB.
- Can take the necessary action for account resolution following established federal and state regulations.
- Can verify benefits via online portal or over the phone.
- Understand payor contracts and can verify the insurance company has paid correctly.
- Ability to identify the next steps required when a claim has been denied/rejected.
- Excellent communication is needed to document accounts accurately.
- Strong organizational and communication skills
- Strong ability to prioritize and efficiently manage time
- Education: High school graduate or equivalent preferred.
- Experience: At least one (1) year of experience in mental health collections or related field, or any combination of education, training, or experience in a health care business office environment. Experience with insurance billing, computer, and business software programs (Excel) preferred.
- Additional Requirements: Knowledge of Microsoft Office, including Word, Excel, and Outlook. Competence in basic PC skills is required to perform job functions. Working knowledge of basic medical terminology.
- 401(k) matching
- Health insurance
- 100% company-paid life insurance coverage up to 2x your annual salary
- Vision insurance
- Dental insurance
- 100% company-paid long-term disability insurance
- Paid time off
- Paid Holidays
- Cafeteria on site
- Employee engagement events
- Employee assistance program
- Employee recognition program
- Free parking
- Career & training development opportunities
- Dynamic and inclusive work environment
- Engaged management team dedicated to your success
- A guiding mission and set of values that serve as both our north star and yours, anchoring our collective purpose and aspirations
Compensation
This is a full-time role, and the expected compensation range is $20.00 to $24.00, plus a monthly bonus opportunity. We’re eager to engage with all qualified candidates, and consideration will be given to experience and skill level. Join us as our Insurance Collections Specialist!
Salary : $20 - $24
