Role Description
The AR management specialist works with unique department billing/collection functions to assure accounts are managed accurately and timely. Responsibilities will vary based on department need.
Qualifications
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High School Diploma or equivalency
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4 years medical office or medical billing in a hospital or physicians billing setting, collections or coding experience
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Strong knowledge of CPT, HCPCS and ICD-9/10 codes
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Efficient in reading insurance explanation of benefits (EOB) and understanding of remittance and remark codes
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Good working knowledge of Microsoft Excel
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Good communication skills and the ability to interact well with multiple departments/levels of management
Requirements
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Only Applicants from the following states: Alabama, Arizona, Connecticut, Delaware, Florida, Georgia, Indiana, Kansas, Kentucky, Louisiana, Maryland, Michigan, North Carolina, Pennsylvania, Rhode Island, South Carolina, Virginia, West Virginia, Wisconsin
Preferred Requirements
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In depth knowledge of all payer billing and eligibility requirements
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Certified Procedural Coder (CPC) (CPC-H)
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Certified Revenue Cycle Associate (CRCA)
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Certified Medical Insurance Specialist (CMIS)
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Registered Health Information Technician (RHIT)
Core Job Responsibilities
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Responsible for research and resolution of all outstanding patient and insurance credit accounts, any additional A/R management research and account updates required to ensure claims are filed to the appropriate carrier or posted correctly
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Processing of all refunds or credit reversals in a timely manner as defined within the departmental credit/refund policy/procedures
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Responsible for all government monthly credit reporting preparation and requirements
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Responsible for accurate charge capture, charge review, claim edits, posting to the AR system and resolution of all charge edits
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Responsible to handle all denials related to charge capture for improved integrity of charge capture
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Responsible to accurately update patient demographics, insurance registration information, verification of insurance, etc.
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Responsible for the consolidation of duplicate guarantor/patient accounts within the AR management system in an accurate/timely manner
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Responsible for the review and processing of Accounts Receivables reports to ensure revenue integrity. Reporting trends identified during the analysis
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Responsible to research and complete a detailed analysis of all payer variances based on our Contract modeling within our AR system
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Revenue Management Specialist must have the skill set and understanding of payer and government payer contracts/schedules in order to confirm expected reimbursement amounts are correct
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Work closely with other departments on revenue integrity issues including variance contract build issues, charging issues, A/R type issues and other items as defined
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Responsible for all account financial changes and refiling of those claims to the appropriate payer source
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Assist with payer/physician credentialing and system table management
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Responsible for electronic remittance, eligibility and claims agreements to ensure the proper processing of electronic transactions, electronic remittance requirements and other payer requirements for billing
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Responsible for the processing of all vendor claim updates, returns and resubmissions for payment
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Other duties as assigned