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A Regional Hospital is looking for a skilled Medical Collections Specialist to join the medical revenue cycle team. In this role, the Medical Collections Specialist will be tasked with managing and processing medical insurance claims for acute care facilities, ensuring accuracy and efficiency in collections. The Medical Collections Specialist position offers an opportunity to utilize your expertise in UB-04 claims while collaborating with internal and external stakeholders to resolve outstanding balances.
Job Responsibility
Oversee the collection process for medical insurance claims, ensuring timely and accurate submissions
Handle UB-04 claim forms for acute care facilities, verifying compliance with regulatory standards
Conduct follow-ups with insurance providers to address unpaid claims, denials, or payment discrepancies
Collaborate with internal teams and external payers to resolve outstanding account balances
Ensure all claims adhere to insurance and regulatory requirements
Maintain thorough documentation and records of claim statuses within organizational systems
Analyze and address issues related to medical billing, appeals, and denials
Provide expertise in managing hospital billing for both inpatient and outpatient services
Support the optimization of the hospital revenue cycle through accurate collections processes
Requirements
At least 3 years of experience in medical collections or related roles
Proficiency in handling UB-04 claim forms and hospital billing processes
Strong knowledge of medical billing, including appeals and denials
Familiarity with HMO and PPO insurance plans
Experience in managing collections for acute care facilities
Ability to navigate hospital revenue cycles effectively
Excellent communication skills for interacting with internal teams and external payers
High attention to detail and organizational skills to maintain accurate records