Accounts Receivable Specialist 2

Freddie Mac; United States; Remote; USD 60,000 - 80,000; Full time

Job summary

Freddie Mac is hiring a Medical Insurance Accounts Receivable Representative to ensure prompt collection of healthcare insurance receivables. This role includes verifying claims, managing billing issues, and maintaining patient confidentiality. Candidates with 2-3 years of medical collections experience and knowledge of billing guidelines are preferred. Competitive hourly salary between $18 and $22 based on experience.

Qualifications

• 2-3 years of medical collections experience required.
• Intermediate knowledge of ICD-10, CPT, HCPCS.
• Experience with payor contracts and billing claim forms.

Responsibilities

• Verify eligibility and authorization using payer websites.
• Contact payers to secure payment of claims.
• Research and resolve unpaid or denied claims.

Skills

Medical collections

Claim denials

Insurance verification

Interpersonal communication

Attention to detail

Tools

ICD-10

CPT

Excel

EMR systems

Job description

Here at Savista, we enable our clients to navigate the biggest challenges in healthcare: quality clinical care with positive patient experiences and optimal financial results. We partner with healthcare organizations to problem solve and deliver revenue cycle improvement services that enable their success, support their patients, and nurture their communities, all while living our values of Commitment, Authenticity, Respect and Excellence (CARE).

Savista partners with healthcare providers to improve their financial strength by implementing integrated spend management and revenue cycle solutions that help control cost, improve margins and cash flow, increase regulatory compliance, and optimize operational efficiency.

The Medical Insurance Accounts Receivable Representative is responsible for ensuring the timely collection of outstanding government or commercial healthcare insurance receivables.

Essential Duties & Responsibilities

• Verify/obtain eligibility and/or authorization utilizing payer web sites, client eligibility systems or via phone with the insurance carrier/providers
• Update patient demographics/insurance information in appropriate systems -
• Research/ Status unpaid or denied claims
• Monitor claims for missing information, authorization and control numbers(ICN//DCN)
• Research EOBs for payments or adjustments to resolve claim
• Contacts payers via phone or written correspondence to secure payment of claims; reconsideration and appeal submission.
• Access client systems for payment, patient, claim and data info
• Follows guidelines for prioritization, timely filing deadlines, and notation protocols within appropriate systems
• Secure needed medical documentation required or requested by third party insurance carriers
• Maintain and respect the confidentiality of patient information in accordance with insurance collection guidelines and corporate policy and procedure
• Perform other related duties as required

Minimum Requirements & Competencies

• 2-3 years of medical collections, denials and appeals experience
• Experience with all but not limited to the following denials-
• DRG downgrades, level of care, coding, medical necessity
• Intermediate knowledge of ICD-10, CPT, HCPCS and NCCI
• Intermediate knowledge of third party billing guidelines
• Intermediate knowledge of billing claim forms(UB04/1500)
• Intermediate knowledge of payor contracts- commercial and government
• Intermediate Working Knowledge of Microsoft Word and Excel
• Intermediate knowledge of health information systems (i.e. EMR, Claim Scrubbers, Patient Accounting Systems, etc.)
• Preferred Requirements & Competencies
• Intermediate knowledge of one or more of the following Patient accounting systems - EPIC, Cerner, STAR, Meditech, CPSI, Invision, PBAR, All Scripts or Paragon
• Intermediate of DDE Medicare claim system
• Intermediate Knowledge of government rules and regulations

Savista is required by state specific laws to include the salary range for this role when hiring a resident in applicable locations. The salary range for this role is from $18.00 to $22.00. However, specific compensation for the role will vary within the above range based on many factors including but not limited to geographic location, candidate experience, applicable certifications, and skills.

SAVISTA is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race, color, age, veteran status, disability, national origin, sex, sexual orientation, religion, gender identity or any other federal, state or local protected class.

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