Accounts Receivable Specialist

Description

Barrington Orthopedic Specialists is looking for a full-time Accounts Receivable Specialist!

Applicant must have knowledge of insurances, EOBs, 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.

Barrington Orthopedic Specialists was established in 1980 with a philosophy of treating patients as you would want to be treated. The practice has remained as the premier orthopedic provider of the northwest Chicago suburbs, providing compassionate, individualized care for patients' bones, joints, and muscle injuries and conditions.

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:

• 401(k) Retirement Plan
• 401(k) Employer Matching
• Health Insurance
• Dental Insurance
• Vision Insurance
• Health Savings Account with Employer Contributions
• Life Insurance (Employer Paid)
• Long-Term Disability (Employer Paid)
• Voluntary Additional Life Insurance
• Voluntary Short-Term Disability
• Voluntary Critical Illness Benefit
• Voluntary Accidental Benefit
• Voluntary ID Shield Benefit
• Employee Assistance Program
• Paid Time Off

Requirements

Education/Experience:

· High School Diploma or equivalent

· Customer service experience

· 5 years’ experience with working accounts receivables in healthcare

Knowledge, Skills and Abilities:

· Medical Terminology REQUIRED

· Electronic Medical Record (EMR) software experience with Athena PREFERRED

· Administrative and clerical procedures and systems such as Word, Excel, Outlook REQUIRED