BILLING AND COLLECTIONS SPECIALIST

BILLING AND COLLECTIONS SPECIALIST

Canastota, NY Job Details Full-time $18.00 - $23.40 an hour 1 day ago Qualifications Associate's degree in accounting Revenue cycle management Financial transaction processing Healthcare Administration Meditech Regulatory compliance in claims processing Associate's degree in finance Mid-level Finance High school diploma or GED Analysis skills Organizational skills Financial regulatory compliance Patient interaction Root cause analysis Financial audit support Associate's degree Medical claim denial management Medical terminology Healthcare compliance Accounting Communication skills

Full Job Description Job Title:

Billing & Collection Specialist Position Summary The Billing & Collection Specialist plays a critical role in managing financial transactions, ensuring billing accuracy, and maintaining regulatory compliance. This position is responsible for accurate and timely billing for assigned service lines, analyzing patient accounts, identifying and resolving overpayments, processing refunds, and managing credit balances in accordance with established policies and industry regulations. This role contributes directly to the organization's revenue cycle performance by supporting and achieving key accounts receivable (AR) metrics and goals. Key Performance Objectives Net and Gross Days Outstanding in Accounts Receivable Percentage of Accounts Receivable Aged > 90 Days Cash Collection Goals Credit Balances as a Percentage of Outstanding Receivables Denial Resolution and Prevention Primary Responsibilities Perform daily activities to ensure timely resolution and closure of aged accounts receivable Submit claims, correct claim errors, and resolve RTP (Return to Provider) issues Conduct account status reviews and follow-up with payers as needed Investigate and resolve credit balances in compliance with regulations Respond to and resolve claim denials, including root cause analysis Manage correspondence related to billing and collections Support external audit requests, particularly those related to credit balances Ensure compliance with all payer guidelines and regulatory requirements Required Skills & Qualifications Strong understanding of medical terminology, insurance billing practices, and reimbursement processes Experience with electronic health record (EHR) systems and billing platforms (e.g., Meditech or similar) Excellent analytical skills with strong attention to detail Prior experience in healthcare billing, revenue cycle management, or accounts receivable preferred Core Competencies Strong interpersonal skills with the ability to work effectively across all levels of the organization Team-oriented mindset with a collaborative approach Excellent written and verbal communication skills Strong knowledge of the healthcare industry Highly detail-oriented and organized Ability to analyze issues and problem-solve effectively Capable of managing multiple priorities and meeting deadlines Maintains a professional and cooperative attitude with colleagues, patients, and external partners Ability to represent the organization positively to patients, insurance companies, and the public Quick learner with the ability to adapt to new processes and systems Education & Experience High School Diploma required Associate's degree in Healthcare Administration, Finance, Accounting, or related field preferre