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Revenue Cycle AR Collections Specialist

Spectrum Billing Solutions

Skokie, IL · HybridJobSeen 1mo agoSeen in employer's feed 4 days ago

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At a glance

Compensation
No compensation found
Location
Skokie, ILHybrid
Work Authorization
Not specified

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Job overview

Spectrum Billing Solutions is a revenue cycle management company for healthcare organizations. They seek a passionate and skilled Revenue Cycle AR Collections Specialist to ensure optimal reimbursement by performing insurance collections, including denial management, appeals, reimbursement rate negotiation, and accounts receivable collections.

Skills & qualifications

RequiredNice to have

Skills

Healthcare BillingCollectionsRevenue Cycle ManagementBehavioral/Mental Health BillingCommercial Insurance KnowledgeGovernment Payor GuidelinesMedical TerminologyHIPAAOrganizedDetail-OrientedMulti-TaskingDeadline ManagementInsurance Documentation ComprehensionAccount ReconciliationCommunicationProblem-SolvingFollow-UpMicrosoft WordMicrosoft ExcelBilling Software

Qualifications

3+ Years Healthcare Billing and Collections ExperienceExperience in All Aspects of Revenue Cycle ManagementExperience in Behavioral and/or Mental Health BillingKnowledge of Commercial Insurance and Government Payor GuidelinesUnderstanding of Insurance Benefits and ReimbursementProficient in Medical Terminology, HIPAA and Other Critical Governmental Regulations

Benefits

Medical Insurance
Dental Insurance
Vision Insurance
Paid Time Off

Full job description

Spectrum Billing Solutions is a revenue cycle management company for healthcare organizations. We are looking to add a passionate and skilled Revenue Cycle AR Collections Specialist to our growing team. The ideal candidate will use their skills and knowledge to ensure optimal reimbursement by performing insurance collections. This role includes all aspects of revenue cycle collections including denial management, appeals, reimbursement rate negotiation, and accounts receivable collections.

This is a remote or home/office hybrid position.

Responsibilities:

  • Research and resolve insurance denials

  • File appeals on denied or underpaid claims

  • Check claim status on appropriate payor systems and contact insurances as needed

  • Send Medical Records and other documentation to payors as requested

  • Follow up with patients and payors for payments

  • Negotiate out-of-network reimbursement rates with insurances

  • Review of Accounts Receivable Aging reports

  • Meet daily, monthly, and quarterly billing metrics

Qualifications:

  • 3+ years of experience in healthcare billing and collections

  • Experience in all aspects of Revenue Cycle Management

  • Experience in Behavioral and/or Mental Health billing preferred

  • Knowledge of Commercial Insurance and Government Payor guidelines

  • Understanding of insurance benefits and reimbursement

  • Proficient in medical terminology, HIPAA and other critical governmental regulations

  • Organized and detail-oriented

  • Ability to multi-task and meet deadlines

  • Ability to comprehend various insurance documentation, analyze and reconcile accounts and follow detailed procedures in an organized and efficient manner

  • Superior communication, problem-solving and follow-up skills

  • Strong computer skills (Word, Excel, billing software)

At Spectrum, you receive:

  • A close-knit team of talented and skilled individuals

  • Growth opportunities within the organization

  • Competitive salary

  • Healthcare benefits including medical, dental & vision

  • Flexible PTO

Revenue Cycle Collections Specialist | A/R Collections Specialist | Patient Account Specialist | Reimbursement Specialist | Billing/Revenue Cycle Management Specialist | Medical Billing Specialist | Collections Associate | Medical Biller | Reimbursement Specialist

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