Specialist Accounts Receivable Management

Penn Medicine; Bala Cynwyd (PA); On-site; USD 65,000 - 100,000; Full time

Job summary

Penn Medicine is seeking an AR professional to identify, report and resolve issues impacting timely payments. You will support AR leadership by developing policies, procedures, and training for the billing staff, while analyzing monthly collections for rejection patterns and leading new program startups.

The role emphasizes collaboration with AR teams to maintain national leadership in AR management at an academic medical center.

Qualifications

• HS Diploma or GED required.
• Bachelor’s degree preferred (BA/BS).
• 5+ years progressive experience in physician billing, preferably in an academic setting.

Responsibilities

• Identifies, reports and creates plans to resolve issues preventing accurate and timely payment of accounts.
• Assists AR management in creating policies, procedures and training material for the AR staff.
• Reviews monthly collections for patterns in rejections preventing reimbursement.
• Takes an active role, often as project leader, for start-up of new programs.

Skills

Accounts receivable

Project coordination

Billing expertise

Education

HS Diploma/GED (Required)

Bachelor of Arts or Science (Preferred)

Job description

Penn Medicine is dedicated to our tripartite mission of providing the highest level of care to patients, conducting innovative research, and educating future leaders in the field of medicine. Working for this leading academic medical center means collaboration with top clinical, technical and business professionals across all disciplines.

Today at Penn Medicine, someone will make a breakthrough. Someone will heal a heart, deliver hopeful news, and give comfort and reassurance. Our employees shape our future each day. Are you living your life's work?

• Entity: Corporate
• Department: Physician Billing Office A
• Location: Penn Medicine Hospice- 150 Monument Road
• Hours: 8hr Days

Summary:

Identifies, reports and creates plans to resolve issues preventing the accurate and timely payment of accounts. Assists Accounts Receivable (AR) management in creating and implementing plans, policies, procedures and training material for the AR staff. Reviews monthly collections for patterns in rejections preventing reimbursement. Serves as an internal resource to AR personnel. Takes an active role, often as project leader, for the start up of new programs.

Responsibilities:

• Provides expertise and project coordination for effective accounts receivable management, as objectives are established or revised. The expectation is for the billing office to be a national leader in AR management among academic medical centers.
• Evaluates utilization of staff's procedures for managing accounts receivable, including distribution of accounts by specific parameters. Makes recommendations for changes and helps implement them.
• Evaluates effectiveness of policies and procedures for timely follow up on open invoices at various periods.
• Reviews various reports regarding open AR and rejections in order to identify AR problem areas.
• Provides expert assistance and project coordination for appeals to third parties, and project coordination for handling of problematic accounts.
• Prepares monthly reports detailing payment posting for General Ledger contract accounts.
• Serves as support in the absence of AR management.

Education or Equivalent Experience:

• H.S. Diploma/GED (Required)
• Bachelor of Arts or Science (Preferred)
• 5+ years Progressive experience in physician billing preferably in an academic setting (Required)

We believe that the best care for our patients starts with the best care for our employees. Our employee benefits programs help our employees get healthy and stay healthy. We offer a comprehensive compensation and benefits program that includes one of the finest prepaid tuition assistance programs in the region. Penn Medicine employees are actively engaged and committed to our mission. Together we will continue to make medical advances that help people live longer, healthier lives.

Live Your Life's Work

We are an Equal Opportunity employer. Candidates are considered for employment without regard to race, ethnicity, color, sex, sexual orientation, gender identity, religion, national origin, ancestry, age, disability, marital status, familial status, genetic information, domestic or sexual violence victim status, citizenship status, military status, status as a protected veteran or any other status protected by applicable law.