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CV
CEDAR VALLEY HOSPICE INC
Billing & Collections Specialist
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Based on Iowa 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.
$42,772 / year median in Iowa
+1% projected growth
Job Description
Join Cedar Valley Hospice, a trusted not-for-profit organization with multiple local and national awards for high-quality, exceptional end-of-life care, including the area's only 5-star hospice for patient care (awarded by Medicare.gov). As a Billing & Collections Specialist, you'll work collaboratively with Admissions as well as the Clinical teams to support accurate documentation, timely reimbursement, and the financial operations of Cedar Valley Hospice. You'll be responsible for coordinating daily revenue cycle activities which include hospice billing, accounts receivable management, payer follow-up, claim resolution, reimbursement activities, and revenue cycle reporting. Why Cedar Valley Hospice? Cedar Valley Hospice's "One Team, One Mission" mentality means we support each other and that every Cedar Valley Hospice employee plays a vital role in our organization's story. We are the premier hospice provider serving 15 counties with offices in Waterloo, Grundy Center, Independence and Waverly, and are committed to helping patients live fully and comfortably wherever they call home. When you join our team, you'll enjoy: A supportive, team-focused culture A family-friendly work environment Generous paid time off Comprehensive benefits package and 401(k) Public Service Loan Forgiveness (PSLF) benefits Schedule Full-Time (1.0 FTE) Monday - Friday | 8:00 a.m. - 4:30 p.m. What You'll Do Revenue Cycle Responsibilities Coordinates and manages revenue cycle functions to ensure timely, accurate billing & optimal reimbursement. Prepares, submits, and monitors hospice claims to Medicare, Medicaid, managed care organizations, commercial insurance plans, and other third-party payers, in accordance with payer requirements and guidelines. Completes monthly billing processes in accordance with payor requirements and organizational timelines. Reviews electronic remittances, payer remittances, electronic funds transfers, and explanations of benefits for payment accuracy. Reviews monthly accounts receivable billing audits conducted by the EMR and follows up for discrepancies such as levels of care, certifications of terminal illness, scheduled services, physician visits, and other billing requirements. Maintains current knowledge of Medicare hospice billing regulations, payer requirements, and reimbursement changes. Ensures Medicare billing requirements, including Notices of Election (NOEs), Notices of Termination/Revocation (NOTRs), payer attestations, and other required submissions. Monitors patients with third-party payors for insurance prior authorizations requests. Provides billing-related EMR support and assists staff with troubleshooting. Financial Reporting Support Prepares month-end accounts receivable journal entries, reconciliations, accruals, and related revenue cycle activities. Prepares accounts receivable, reimbursement, and billing reports as requested. Provides revenue cycle information to support budgeting and forecasting activities. Collaboration & Team Participation Collaborates with Admissions, Clinical Teams and Finance staff to ensure accurate billing and reimbursement. Communicates with nursing facilities and external partners regarding billing questions, documentation needs, and reimbursement issues. Provides support and education to staff regarding billing processes, payer requirements, and documentation expectations. Qualifications Bachelor's degree in Accounting, Finance, Business Administration, Healthcare Administration, or related field preferred with an Associate's degree required. Minimum of two years of healthcare billing, accounts receivable, or revenue cycle experience preferred. Experience with Medicare hospice billing, Medicaid, managed care organizations, commercial insurance, and third-party reimbursement preferred. Prior hospice, home health, or healthcare billing experience preferred. Experience working with electronic medical records and billing systems preferred. Strong proficiency in Microsoft Office applications, including Microsoft Excel. Physical Requirements Ability to move up to 25 pounds with or without reasonable accommodation Ability to alternate between sitting, standing, and moving throughout the workday Must be able to travel to Cedar Vally Hospice locations as needed. Pre-employment/post-offer physical, TB, and drug screen required Join Our Team Enjoy a career where you can make a meaningful impact every day! Apply online at www.cvhospice.org/careers and help Make Each Moment Matter for patients and families. Equal Opportunity Employer Statement Cedar Valley Hospice is an equal opportunity employer. Cedar Valley Hospice prohibits discrimination and harassment of any type and affords equal employment opportunities to employees and qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity or expression, pregnancy, age, genetic information, status as a protected veteran, political affiliation or any other characteristic protected by law.