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Patient Accounts Specialist I - Medicaid Team

Key Facts

Full time
Junior (1-2 years)
36 - 63K yearly
English

Other Skills

  • Microsoft Excel
  • Typing
  • Quality Assurance
  • Microsoft Word
  • Communication
  • Analytical Skills
  • Teamwork
  • Critical Thinking
  • Organizational Skills
  • Social Skills

Roles & Responsibilities

  • High School Diploma or GED required
  • 1-2 years' experience in patient accounting, accounts receivable, or related healthcare field
  • Working knowledge of UB-04 and Explanation of Benefits (EOB), and basic CPT/ICD-9/10 coding
  • Excellent communication, analytical, interpersonal and organizational skills; proficient with hospital registration/billing systems and Microsoft Excel/Word; ability to type 35 WPM

Requirements:

  • Interpret and evaluate appeals and follow up with payers to ensure timely turnaround for claims resolution and reimbursement.
  • Interpret explanations of benefits and payer methodologies; collaborate with internal departments to ensure timely Medicaid billing and compliance with state requirements.
  • Maintain daily performance benchmarks for follow-up and appeals processing; stay current with regulatory changes related to billing requirements and payer-specific follow up.
  • Reconcile reports to SMS and posted information; maintain departmental QA standards within established error rates; update coding reports as part of the daily workflow.

Job description

About this Job:

MedStar Health is seeking an experienced Patient Accounts Specialist to join our Patient Accounting team, supporting straight Medicaid claims.

This position requires critical thinking skills along with experience in facility and/or physicians’ claims follow-up and a strong understanding of denial resolution to ensure timely and accurate reimbursement

As a department, this Medicaid team is responsible for completing the follow-up on accounts where the patient has straight Medicaid. The team works closely with other internal MedStar Health departments including advocacy, CFC and billing to ensure patients who receive retro-eligible Medicaid are billed timely and within the specific state requirements.

 General Summary of Position
Interprets and evaluates appeals to include follow-up with payers to assure timely turn around for claims resolution and reimbursement. Must be able interpret explanation of benefits and have a clear understanding of payer methodology. Works in a team environment.

Primary Duties and Responsibilities

  • Keeps abreast of regulatory and specific changes as it relates to billing requirements and payer specific follow up.
  • Maintains daily performance benchmarks as it applies to interpreting and evaluating appeals to include follow up with payers. Completes coding report updates within the standard set in a timely manner to begin the daily workflow process. Responsible for reconciliation of reports to SMS and information that was posted.
  • Maintains departmental QA standard within established error rate.

Minimal Qualifications
Education

  • High School Diploma or GED required

Experience

  • 1-2 years' Experience in patient accounting, accounts receivable or related healthcare field required or an equivalent combination of experience and college education in accounting, finance or healthcare administration required

Knowledge Skills and Abilities

  • Detailed working knowledge and demonstrated proficiency in at least one specific payers application billing and/or collection process.
  • Requires basic working knowledge of UB04 and Explanation of Benefits (EOB).
  • Requires some knowledge of medical terminology and CPT/ICD-9/10 coding.
  • Excellent communication analytical interpersonal and organizational skills.
  • Proficient uses of hospital registration and/or billing systems and personal computers as well as Microsoft Excel and Word applications.
  • Ability to type 35 WPM.
This position has a hiring range of : USD $18.70 - USD $32.72 /Hr.

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