Patient Accounts Specialist I - Physicians' Billing

About this Job:

MedStar Physicians’ Billing Services has an opening for an experienced Patient Accounts Specialist (Level I) to join our team and work remote from home! To be successful, candidates must have a minimum of two years of experience in hospital/physician patient accounts and collections in medical billing operations. 

Join one of the largest health systems in the Maryland, Virginia and Washington, D.C., area and enjoy the benefits of a full benefits package including paid time off, health/vision/dental insurance, short- & long-term disability, tuition reimbursement and the benefits of remote work capability.

Performs accounts receivable follow-up/collection procedures to obtain timely reimbursement from third party carriers and other payment sources on insurance invoice balance of = $3000.00 for a portion of approximately one billion dollars of annual accounts receivable. Performs collection activity for assigned divisions, third party carriers and individual providers. Maintains contacts with third party carriers and communicates billing/reimbursement changes to management in timely manner. Assists in evaluation of accounts receivable and participate in development of collection strategies to decrease outstanding balances.

 

Minimal Qualifications
Education

• High School Diploma or GED required
• Some college preferred
• Consideration will be given to an appropriate combination of education/training and experience

Experience

• 2 years collection experience in medical billing operations required 
• Experience and proficiency using an automated billing system GE IDX and ETM experience preferred

Knowledge Skills and Abilities

• Knowledge of ICD9/10 and CPT4 coding as it relates to third party carrier reimbursement.
• Knowledge of federal state and local legal and regulatory provisions that relate to collection activities.
• Knowledge of third party carrier operating procedures and practices -- particularly as they relate to levels and methods of reimbursement.
• Proven skill in defining problems collecting data interpreting billing information.
• Ability to examine documents for accuracy and completeness to prepare records in accordance with detailed instructions.
• Excellent organizational and analytical skills that ensure successful and accurate completion of daily quota driven processing.
• Proficiency in use of computer and calculator.
• Effective verbal and written communication skills.

This position has a hiring range of : USD $18.70 - USD $32.72 /Hr.