Collections Specialist

OrthoAtlanta

Fayetteville (AR)

On-site

USD 40,000 - 55,000

Full time

8 days ago
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Benefits offered by this job

Competitive compensation
Comprehensive benefits

Job summary

OrthoAtlanta is seeking a Collections Specialist to ensure timely reimbursement of services by managing insurance accounts receivable, following up on claims, resolving denials, and collecting patient balances. You will collaborate with insurance carriers, patients, and internal teams to maintain accurate claim processing and timely payment while delivering excellent customer service.

The role requires at least one year in medical billing/collections, knowledge of CPT/ICD-10 coding, and

Qualifications

  • High school diploma or equivalent required.
  • Minimum of one year of medical billing, collections, or accounts receivable experience.
  • Knowledge of medical billing processes, CPT and ICD-10 coding, and insurance reimbursement.
  • Understanding of medical accounts receivable and collection procedures.

Responsibilities

  • Monitor and follow up on outstanding insurance claims to ensure timely reimbursement.
  • Investigate, resolve, and resubmit denied or underpaid claims within payer filing deadlines.
  • Prepare and submit clean, accurate claims to third-party payers.
  • Review payer contracts, explanation of benefits (EOBs), and payment activity to ensure proper reimbursement.
  • Research claim issues and prepare detailed appeals with supporting documentation.
  • Work closely with practice staff to obtain required documentation and ensure complete patient records.
  • Communicate with patients regarding insurance balances, out-of-pocket expenses, and payment plan options.
  • Maintain accurate documentation of collection efforts, insurance communications, and account activity within the electronic health record.
  • Follow departmental policies, procedures, and best practices for account resolution and collections.

Skills

Medical billing
Accounts Receivable
CPT/ICD-10 coding
Insurance reimbursement
MS Office
Verbal & written communication
Independence & multi-tasking
Analytical skills
Discretion & detail orientation

Education

High school diploma or equivalent

Tools

Epic EMR

Job description

Position Summary

The Collections Specialist is responsible for ensuring timely reimbursement for services rendered by managing insurance accounts receivable, following up on outstanding claims, resolving denials, and collecting patient balances. This role works closely with insurance carriers, patients, and internal teams to ensure accurate claim processing and timely payment while delivering exceptional customer service.

What You’ll Do
  • Monitor and follow up on outstanding insurance claims to ensure timely reimbursement.
  • Investigate, resolve, and resubmit denied or underpaid claims within payer filing deadlines.
  • Prepare and submit clean, accurate claims to third-party payers.
  • Review payer contracts, explanation of benefits (EOBs), and payment activity to ensure proper reimbursement.
  • Research claim issues and prepare detailed appeals with supporting documentation.
  • Work closely with practice staff to obtain required documentation and ensure complete patient records.
  • Communicate with patients regarding insurance balances, out-of-pocket expenses, and payment plan options.
  • Maintain accurate documentation of collection efforts, insurance communications, and account activity within the electronic health record.
  • Follow departmental policies, procedures, and best practices for account resolution and collections.
What You’ll Bring
  • High school diploma or equivalent required.
  • Minimum of one year of medical billing, collections, or accounts receivable experience.
  • Knowledge of medical billing processes, CPT and ICD-10 coding, and insurance reimbursement.
  • Understanding of medical accounts receivable and collection procedures.
  • Familiarity with commercial insurance plans, HMO, PPO, Managed Care, Medicare, and Medicaid.
  • Proficiency with Microsoft Office applications.
  • Experience with Epic EMR is preferred.
  • Strong analytical, organizational, and problem-solving skills.
  • Ability to work independently while managing multiple priorities.
  • Excellent verbal and written communication skills.
  • Professional demeanor with a high level of discretion and attention to detail.
Why Join OrthoAtlanta?
  • At OrthoAtlanta, you’ll have the opportunity to build your career with a respected healthcare organization that values teamwork, accountability, and professional growth. We offer competitive compensation, comprehensive benefits, and a collaborative environment where your work directly contributes to exceptional patient care.
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