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Workers Comp Medical Insurance Collector

Tyvan LLC
Posted a month ago, valid for 19 days
Location

Forward, WI, US

Salary

Competitive

Contract type

Full Time

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Sonic Summary

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  • The Workers Comp Collections Manager position requires candidates to have a minimum of 3 years of medical insurance collection experience, particularly with an emphasis on Medicare collections.
  • The role involves managing complex denials, preparing appeals, and performing collection activities for motor vehicle accidents and worker's compensation claims.
  • Candidates must possess strong knowledge of liability insurance companies and be proficient in electronic medical records, billing, and reimbursement processes.
  • The position offers a salary of $70,000 to $80,000 per year, depending on experience, and allows for remote work after a 30-day training period.
  • Excellent communication skills, analytical abilities, and the capacity to multitask are essential for success in this role.
Workers Comp Medical Insurance Collector

Must live in the Greater Houston area / Remote (potential after 30 business days and satisfactory completion of training assessed by assigned manager)

Position Summary (Purpose)

The Medical Insurance Collector is required to perform collection activities on complex denials and prepare appeals and other necessary actions on outstanding balances for Motor vehicle accidents, Worker’s comp, in the professional/facility fee environment. Our facilities are out-of-network with all payers.

You must possess in-depth knowledge of collection processes and medical insurance policies to succeed in this role. The ideal candidate must also demonstrate excellent written and verbal communication skills, as they will communicate with various insurance companies and customers. This position requires an individual who can multi-task, problem-solve, and manage time effectively.

Job Requirements/Qualifications

  • MUST HAVE 3 YEARS OF MEDICAL INSURANCE COLLECTION EXPERIENCE WITH AN EMPHASIS ON MEDICARE INSURANCE COLLECTIONS.
  • 3 - 4 years of previous billing experience, with emphasis on Medicare billing
  • Organized, self-sufficient, analytical, and detail-oriented.
  • STRONG knowledge of liability insurance companies like Allstate State Farm, Geico, Attorneys etc..
  • Knowledge of Electronic Medical Records, Collections, Payment Posting, Reimbursement, Billing, and Hospital Experience
  • REQUIRED Knowledge of EOBs, HIPAA, ICD-10 codes, and CPT codes
  • Knowledge of payer systems
  • Files and discharge Medical Liens monthly.
  • Follows and abides by state guidelines for lien filing.
  • Ensures all Liens are being tracked within a timely manner and documented in a master file.
  • Provides a copy of Liens to patient(s) via mail.
  • Communicates with management of all outstanding balances, lines filed, and liens discharged monthly.
  • Once remote transition is completed, you must be able to work from home effectively.
  • Preference shown to previous experience in a Facility setting.
  • Function as a subject matter expert (SME) for Medicare
  • Function as a subject matter expert (SME) for the following appeals:
    • Clinical
    • Medical Necessity
    • Authorization
    • Non-Covered
    • Underpayments

Essential Job functions and responsibilities

  • Investigates and responds to inquiries from payors.
  • Researches errors and makes corrections for clean claim production and submissions.
  • Follow-up on accounts to ensure timely filing and prompt payment.
  • Actively review billing/collection policy changes for assigned payers.
  • Follow up on payment errors, review posting, and calculate allowable amounts before approving patient statements.
  • Review insurance EOBs and initiate appeals as necessary
  • Resolves all insurance requests, inquiries, and concerns expediently and respectfully.
  • Work accounts to ensure payment meets the qualified payment amount required by the No Surprises Act
  • Must be able to think outside the box; critical decision-making is necessary to fulfill the position’s expectations.
  • Meet and exceed departmental goals set by the company and department manager.



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