Billing and Collections Specialist

Work Schedule: Monday to Friday 8 am to 5 pm PST with 1 hour unpaid break (8 hours a day)

• 40 hours per week
  

Client Timezone: California, USA

Client Overview

Be part of a groundbreaking healthcare provider that’s redefining diagnostic imaging services. Our client is a leader in the field of radiology, offering state-of-the-art MRI technology to a diverse patient population. With a comprehensive approach that integrates every aspect of patient care, from initial scheduling to final billing, this innovative facility is seeking talented professionals to join their mission of delivering exceptional healthcare services.

Job Description

As a Billing and Collections Specialist, you’ll play a pivotal role in ensuring the financial health and sustainability of our cutting-edge diagnostic imaging facility. This position offers a unique blend of analytical challenge and healthcare impact, allowing you to leverage your financial acumen in a dynamic medical setting. You’ll be at the forefront of managing complex billing processes, tackling intricate insurance claims, and driving collection strategies that keep our facility at the peak of financial performance. This role is ideal for a detail-oriented professional who thrives on solving puzzles, enjoys working independently, and is passionate about contributing to the broader mission of advancing healthcare through state-of-the-art diagnostic services.

Responsibilities

• Spearhead the entire billing lifecycle, from initial charge creation to final payment collection, ensuring accuracy and compliance with healthcare regulations
  
• Develop and implement innovative strategies to optimize accounts receivable, reducing outstanding balances and improving cash flow
  
• Analyze complex billing issues independently, applying critical thinking skills to resolve discrepancies and negotiate with insurance companies
  
• Maintain meticulous financial records using advanced spreadsheet techniques and specialized medical billing software
  
• Conduct proactive follow-ups on unpaid accounts, employing a balance of persistence and professionalism to secure timely payments
  
• Collaborate with internal teams to streamline billing processes and enhance overall financial efficiency of the facility
  
• Generate comprehensive financial reports and analytics to support strategic decision-making and identify areas for improvement
  
• Serve as a knowledgeable resource for patients and staff on billing-related inquiries, explaining complex financial matters in an understandable manner
  

Requirements

• Strong proficiency in English is essential; Spanish language skills are highly valued and will be considered a significant asset
  
• Advanced computer skills, with expertise in financial software, spreadsheets, and data analysis tools
  
• Exceptional attention to detail and the ability to manage large volumes of data with high accuracy
  
• Strong analytical and problem-solving skills, with the ability to work independently on complex financial issues
  
• Experience in medical billing, preferably in radiology or diagnostic imaging, is highly desirable
  
• Flexibility to work US Pacific Time hours, which may include evening or early morning shifts
  
• In-depth understanding of medical billing practices, insurance claim procedures, and healthcare regulations (e.g., HIPAA)
  
• Excellent communication skills, both written and verbal, with the ability to interact professionally with patients, healthcare providers, and insurance representatives
  
• Ability to work remotely with a high degree of self-motivation and time management skills
  
• Commitment to continuous learning and staying updated on changes in healthcare billing practices and regulations
  
• Demonstrated ability to meet deadlines and thrive in a fast-paced, results-oriented environment