A/R Collections Specialist

CNY Spine And Pain Medicine Llc; Village of Liverpool (NY); On-site; USD 10,000 - 60,000; Full time

Job summary

An established industry player is seeking a skilled Accounts Receivable Collections Specialist to join their dynamic team. This role is crucial for optimizing financial transactions and maintaining strong relationships with insurance carriers and patients. With responsibilities ranging from verifying claims to managing accounts receivable, the ideal candidate will leverage their expertise in medical billing and finance to ensure timely and accurate processing of payments. If you are detail-oriented and have a passion for improving financial processes, this opportunity is perfect for you.

Benefits

401(k)

401(k) Matching

Dental Insurance

Disability Insurance

Health Insurance

Paid Time Off

Vision Insurance

Qualifications

• 2+ years experience in Medical Billing and Accounts Receivable.
• Strong understanding of insurance claims and rejections.

Responsibilities

• Verify clinical notes and claims before payment.
• Maintain accurate accounts receivable records and monitor collections.
• Communicate with clients to resolve past-due accounts.

Skills

Mathematical Skills

Finance Principles

Insurance Payments Knowledge

Time Management

Confidentiality

Job description

Job Description

Our Accounts Receivable Department has an immediate opening for a skilled A/R Collections Specialist. The ideal candidate will have a working knowledge of Medical Billing, experience processing incoming payments and denials from major insurance carriers, and know how to facilitate appeals and reconsiderations for claims requiring corrections. In addition to a Medical Billing background, the candidate should also possess some bookkeeping or finance experience. The Accounts Receivable Specialist will have both a day-to-day and ongoing impact on financial transactions, ensuring we stay on track, on time, and maintain good relationships with insurance carriers and patients.

Objectives of this role

1. Support the company in optimizing financial transactions and systems by performing reconciliation of payments and customer accounts.
2. Communicate discrepancies to the management team, identify slow-paying insurance carriers, and recommend collection actions for patient balances.
3. Strengthen relationships with insurance representatives and patients by communicating and resolving past-due accounts.
4. Assist in streamlining the accounts receivable process by identifying areas for performance improvement.
5. Exercise integrity and confidentiality in financial reporting, complying with relevant financial requirements.

Responsibilities

1. Gather and verify clinical notes and claims for proper documentation prior to payment.
2. Maintain accurate accounts receivable records, including aging, credits, collections, and uncollectible amounts.
3. Monitor and collect accounts receivable by contacting clients via telephone, email, and mail.
4. Support other accounting, cash posting, and billing team members.

Required skills and qualifications

1. Strong mathematical skills.
2. Understanding of basic principles of finance, accounting, and bookkeeping.
3. Knowledge of Commercial Insurance payments, retractions, denials, write-offs, and appeals.
4. Superb time management and attention to detail.
5. Ability to maintain confidentiality and exercise integrity in financial reporting.

Preferred skills and qualifications

1. Minimum of two years’ experience with Insurance Billing, Cash Posting, and related A/R work.
2. Experience in accounts receivable and process improvement.

Job Details

• Type: Full-time
• Pay: $17.00 - $20.00 per hour
• Benefits include 401(k), 401(k) matching, dental, disability, health, paid time off, and vision insurance.
• Physical setting: Office
• Schedule: Day shift, Monday to Friday
• Location: Liverpool, NY 13090 (reliable commute or planning to relocate required)
• Experience: 2 years in Medical Billing/Coding, Accounts Receivable, and Bookkeeping/Finance.
• Work location: In person