Accounts Receivable Specialist at BARRINGTON ORTHOPEDIC SPECIALISTS, LTD

Schaumburg, Illinois, United States -

Full Time

Start Date

Immediate

Expiry Date

22 Jun, 26

Salary

25.0

Posted On

25 Mar, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Accounts Receivable, Insurance Knowledge, EOBs, Collections, Data Analysis, Prioritization, Multi-tasking, Attention To Detail, Claim Research, Correspondence Management, Appeals, Denial Management, Workers' Compensation, Physician Liens, Settlement Negotiation, Medical Policy Updates

Industry

Medical Practices

Description

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

Responsibilities

The specialist will be responsible for building the accounts receivable aging report, researching and following up on insurance claims, and handling correspondence from payers, attorneys, and patients. This includes preparing documentation for appeals, contacting payers regarding denials, and working closely with workers' compensation claims adjusters.