Billing Reimbursement Specialist

Endeavor Health; Arlington Heights (IL); On-site; USD 27,400 - 39,729; Full time

Benefits offered by this job

Career Pathways for professional growth

Various Medical, Dental, and Vision options

Tuition Reimbursement

Free Parking

Wellness Program Savings Plan

Health Savings Account Options

Retirement Options with Company Match

Paid Time Off

Community Involvement Opportunities

Job summary

A leading healthcare organization in Arlington Heights seeks a Billing Reimbursement Specialist. In this role, you will manage billing processes, submit insurance claims, verify patient information, and assist patients with billing inquiries. The ideal candidate must have an Associates Degree in Health Administration and experience in medical billing. Benefits include professional growth opportunities, health care options, and paid time off. Join a team committed to delivering quality care within the community.

Qualifications

• Experience in medical billing and reimbursement in a hospital setting.

Responsibilities

• Prepare and submit insurance claims for patient services.
• Verify accuracy of patient and insurance information.
• Monitor and follow up on claims status.

Skills

Medical billing experience

Attention to detail

Patient communication skills

Education

Associates Degree Health Administration

Job description

Hourly Pay Range

$19.89 - $28.84 - The hourly pay rate offered is determined by a candidate's expertise and years of experience, among other factors.

Position Highlights

• Position: Billing Reimbursement Specialist
• Location: Arlington Heights, IL
• Full Time
• Hours: Monday-Friday, [hours and flexible work schedules]

A Brief Overview

As a Billing Reimbursement Specialist you will be responsible for managing the hospital's billing processes and reimbursement procedures. This role involves working closely with insurance companies, patients, and internal departments to ensure accurate and timely reimbursement for medical services rendered.

What You Will Do

• Prepare and submit insurance claims for all patient services in accordance with insurance guidelines and hospital policies.
• Verify accuracy of patient demographic and insurance information.
• Review and resolve billing errors and discrepancies.
• Monitor the status of claims and follow up on outstanding or denied claims.
• Verify patients' insurance coverage and eligibility prior to services.
• Accurately post payments received from insurance companies and patients. Process refunds when necessary.
• Reconcile payments with billed amounts and identify discrepancies.
• Analyze and resolve claim denials by identifying the root causes. Generate and maintain reports related to billing, reimbursement, and collections.
• Collaborate with clinical and coding teams to address coding-related denials.
• Appeal denied claims as needed, adhering to appeal timelines.
• Assist patients with billing inquiries and provide clear explanations of their bills.
• Stay current with healthcare regulations, coding changes, and insurance policies.

What You Will Need

• Associates Degree Health Administration Required
• Proven experience in medical billing and reimbursement, preferably in a hospital setting.

Benefits

• Career Pathways to Promote Professional Growth and Development
• Various Medical, Dental, and Vision options
• Tuition Reimbursement
• Free Parking at designated locations
• Wellness Program Savings Plan
• Health Savings Account Options
• Retirement Options with Company Match
• Paid Time Off
• Community Involvement Opportunities

Endeavor Health is a fully integrated healthcare delivery system committed to providing access to quality, vibrant, community-connected care, serving an area of more than 4.2 million residents across six northeast Illinois counties. Our more than 25,000 team members and more than 6,000 physicians aim to deliver transformative patient experiences and expert care close to home across more than 300 ambulatory locations and eight acute care hospitals – Edward (Naperville), Elmhurst, Evanston, Glenbrook (Glenview), Highland Park, Northwest Community (Arlington Heights) Skokie and Swedish (Chicago) – all recognized as Magnet hospitals for nursing excellence.

For more information, visit www.endeavorhealth.org.

When you work for Endeavor Health, you will be part of an organization that encourages its employees to achieve career goals and maximize their professional potential.

Please explore our website (www.endeavorhealth.org) to better understand how Endeavor Health delivers on its mission to “help everyone in our communities be their best”.

Endeavor Health is committed to working with and providing reasonable accommodation to individuals with disabilities. Please refer to the main career page for more information.

Diversity, equity and inclusion is at the core of who we are; being there for our patients and each other with compassion, respect and empathy. We believe that our strength resides in our differences and in connecting our best to provide community-connected healthcare for all.

EOE: Race/Color/Sex/Sexual Orientation/ Gender Identity/Religion/National Origin/Disability/Vets, VEVRRA Federal Contractor.