Cash Collector

American Eye Associates; Chula Vista (CA); On-site; USD 42,000 - 64,000; Full time

Job summary

American Eye Associates in Chula Vista, CA is seeking a Cash Collector to manage patient accounts, insurance claims, and other receivables, ensuring timely payments while complying with healthcare regulations. You will review balances, identify delinquencies, and coordinate with patients and providers to resolve issues.

You will negotiate payment plans, document collection activities in the billing system, and collaborate with billing, finance, and patient services teams to improve cash flow

Qualifications

• High school diploma or equivalent required; associate degree or higher preferred.
• Minimum of 2 years experience in collections, or a related financial role, preferably in healthcare.
• Familiarity with medical billing, insurance claims, and healthcare payment processes.

Responsibilities

• Review and analyze patient accounts and outstanding balances to identify delinquent payments.
• Contact patients, insurance providers, and third-party payers to collect overdue payments and resolve billing issues.
• Negotiate payment arrangements and settlements in accordance with organizational policies and regulatory guidelines.
• Maintain accurate records of collection activities, payment agreements, and communications in the billing system.
• Collaborate with billing, finance, and patient services teams to address discrepancies and improve collection processes.
• Ensure compliance with healthcare laws, privacy regulations, and ethical standards during all collection activities.
• Prepare regular reports on collection status, trends, and challenges for management review.

Skills

Communication skills

Negotiation

Analytical skills

Billing software

Microsoft Office

Education

High school diploma or equivalent

Associate degree or higher preferred

Tools

Billing software

Healthcare management systems

Job description

The Cash Collector in the Health Care industry plays a critical role in managing and recovering outstanding payments to ensure the financial stability of the organization. This position involves actively monitoring patient accounts, insurance claims, and other receivables to expedite collections while maintaining compliance with healthcare regulations. The Cash Collector collaborates closely with patients, insurance companies, and internal departments to resolve billing discrepancies and negotiate payment plans when necessary. By efficiently managing cash flow and reducing outstanding debts, this role directly contributes to the organization's ability to provide quality care and services. Ultimately, the Cash Collector ensures that revenue cycles operate smoothly, supporting the overall financial health of the healthcare facility or organization.

Minimum Qualifications:

• High school diploma or equivalent required; associate degree or higher preferred.
• Minimum of 2 years experience in collections, or a related financial role, preferably in healthcare.
• Familiarity with medical billing, insurance claims, and healthcare payment processes.
• Proficiency in using billing software and Microsoft Office applications.

Preferred Qualifications:

• Knowledge of healthcare regulations such as HIPAA and the Fair Debt Collection Practices Act (FDCPA).
• Demonstrated ability to handle sensitive financial information with discretion and professionalism.
• Experience in customer service or patient financial counseling.

Responsibilities:

• Review and analyze patient accounts and outstanding balances to identify delinquent payments.
• Contact patients, insurance providers, and third-party payers to collect overdue payments and resolve billing issues.
• Negotiate payment arrangements and settlements in accordance with organizational policies and regulatory guidelines.
• Maintain accurate records of collection activities, payment agreements, and communications in the billing system.
• Collaborate with billing, finance, and patient services teams to address discrepancies and improve collection processes.
• Ensure compliance with healthcare laws, privacy regulations, and ethical standards during all collection activities.
• Prepare regular reports on collection status, trends, and challenges for management review.

Skills:

The Cash Collector utilizes strong communication and negotiation skills daily to engage with patients and insurance providers, ensuring timely payment while maintaining positive relationships. Analytical skills are essential for reviewing account details, identifying discrepancies, and determining appropriate collection strategies. Proficiency with billing software and healthcare management systems enables efficient tracking and documentation of collection activities. Knowledge of healthcare regulations ensures that all collection efforts comply with legal and ethical standards, protecting patient privacy and organizational integrity. Additionally, organizational skills help manage multiple accounts simultaneously, prioritize tasks, and generate accurate reports to support financial decision-making.