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United Staffing. Associates
Medical Billing- Reimbursement Specialist I
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Based on California data
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What they do
A Billing Specialist performs administrative work at financial institutions and banks that handle bills, receipts, and invoices. Manages the status of client accounts and tracks financial records, charges, and receipts of the accounts.
$52,063 / year median in California
+1% projected growth
Job Description
Reimbursement Specialist The Reimbursement Specialist is a pivotal position requiring excellent communication skills, independent judgment, and ability to interact with private, state and federal payer representatives, fiscal intermediaries, case managers, pharmacy partners and company field personnel in the role of coordinating reimbursement from product dispensing through to completion and final resolution of the payment cycle. Incumbent shall possess basic knowledge of reimbursement principles as well as the structure of various private, federal and state payer entities and the specific program issues related to each. Essential Functions and Duties Submit and/or follow-up on payer claims. This may include; primary, secondary, tertiary claims and/or patient statements. Verify accuracy of payments according to the payer's fee schedule. Possess a basic understanding and ability to audit accounts receivables: analysis of payments, contractual discounts and/or adjustments, bad debt, recoupments, refunds and the credit/debit function. Draft professional, concise cover letters, appeals and correspondence. This may include provider dispute forms, re-openings, reconsiderations, and various levels of appeals as necessary during the collection process. Resolution of credit balances. This may include revenue adjustments, balance transfers, recoupments and/or refunds. Clearly and accurately document all collection efforts within the AR system. Complete and submit monthly claim status reports. Promptly inform management of reimbursement rates, changes, and/or issues which may directly affect receivables. Maintain reimbursement records in compliance with policies & procedures. Attend and participate in departmental meetings. Continuously strive to improve processes and service quality to internal and external customers. Attend pertinent job-related trainings and educational seminars. Conduct special projects as requested by management. Supports all reimbursement activities related to a revenue base representing approximately $200 million per year and a projected DSO of less than 40 days. Adheres specifically to all company policies and procedures, Federal and State regulations and laws. Display dedication to position responsibilities and achieve assigned goals and objectives. Represent the Company in a professional manner and appearance at all times. Understand and internalize the Company's purpose; Display loyalty to the Company and its organizational values. Display enthusiasm and dedication to learning how to be more effective on the job and share knowledge with others. Work effectively with co-workers, internal and external customers and others by sharing ideas in a constructive and positive manner; listen to and objectively consider ideas and suggestions from others; keep commitments; keep others informed of work progress, timetables, and issues; address problems and issues constructively to find mutually acceptable and practical business solutions; address others by name, title, or other respectful identifier, and; respect the diversity of our work force in actions, words, and deeds. Comply with the policies and procedures stated in the Injury and Illness Prevention Program by always working in a safe manner and immediately reporting any injury, safety hazard, or program violation. Ensure conduct is consistent with all Compliance Program Policies and procedures when engaging in any activity on behalf of the company. Immediately report any concerns or violations. Other duties as assigned.