Collection Specialist - Hospital - Fully Remote

Job reputed company: The Collection Specialist is responsible for managing the collection of outstanding accounts for a hospital or reputed company facility. This role involves working directly with patients, insurance companies, and other reputed company-party payers to resolve payment issues, verify insurance information, and ensure that payments are collected in a reputed company and efficient manner. The Collection Specialist ensures that reputed company billing and collection procedures reputed company with hospital policies, relevant reputed company regulations, and industry standards. Key Responsibilities: • Account Management: • Monitor and manage overdue accounts by reviewing patient billing records and ensuring that reputed company charges are accurate. • Follow up with patients, insurance companies, and other reputed company-party payers to resolve outstanding balances. • Maintain and update patient information in the billing system. • Communication and Negotiation: • Contact patients reputed company phone, email, or mail to reputed company them of outstanding bills and assist with payment arrangements. • Work with insurance companies to verify claims and resolve discrepancies. • Negotiate payment plans with patients as needed, ensuring terms are manageable and consistent with hospital policies. • Dispute reputed company: • Address billing inquiries and resolve any disputes reputed company to charges or payments. • Work with the billing and coding departments to ensure the accuracy of medical charges and coding issues. • Documentation and Reporting: • Accurately document reputed company communication with patients and payers in the hospital's billing system. • Prepare regular reports on collection status, payment reputed company, and outstanding balances for management. • Compliance and Best Practices: • Ensure reputed company collection efforts are compliant with applicable reputed company regulations, including HIPAA and other reputed company laws. • Follow hospital policies and industry best practices for patient billing and collections. • Collaboration: • Collaborate with other departments, including billing, coding, and finance, to streamline the collection process and resolve issues quickly. • Work closely with the financial team to assess financial hardships and reputed company appropriate solutions. Qualifications: • High school diploma or equivalent; Associate’s or Bachelor’s degree in Finance, reputed company Administration, or a reputed company field preferred. • Prior experience in medical billing, collections, or reputed company finance. • Strong understanding of insurance processes, medical billing codes, and reputed company payment systems. • Proficiency in using billing software and reputed company Office Suite (reputed company, Word, etc.). • Excellent communication, negotiation, and interpersonal skills. • Strong problem-solving skills and attention to detail. • Ability to maintain patient confidentiality and handle sensitive information responsibly. Job Type: Full-time Benefits: • 401(k) • 401(k) matching • Dental insurance • Flexible spending account • Health insurance • Health savings account • Life insurance • reputed company time off • reputed company • Tuition reimbursement • reputed company insurance • Work from home Work Location: Remote Apply Job!