Accounts Receivable Specialist
Job Details
Description
The WebPT Accounts Receivable (AR) Specialist will be responsible for the follow up efforts for claim payment. The ideal candidate is able to analyze accounts regularly to identify collection opportunities and resolve billing issues. This includes managing insurance outstanding balances.
What You’ll Be Doing As A Part of Our Team
- Be an advocate for our Members by completing monitoring and resolving claim denials and/or low insurance payments.
- Work the aging accounts and collect pending receivable payments from insurance companies.
- Prioritize and effectively communicate.
- Work with the team to achieve and maintain key AR benchmarks.
- Meet Productivity Goals.
- Regularly review accounts and prepare information for the collection agency, correcting and resubmitting claims to third-party payers when necessary.
- Check each insurance payment for accuracy, including contract-discount compliance.
- Review patient bills for accuracy and obtain missing information before identifying and billing secondary and tertiary insurances.
- Call insurance companies to settle payment discrepancies or investigate unpaid claims within the standard billing cycle timeframe.
- Research and resolve accounts.
- Provide additional education back to team members on Member specifics or payer guidelines.
- Adhere to all HIPAA guidelines and regulations keeping all of the data in our system safe and secure.
- Reliable and punctual in reporting for work and taking designated breaks.
What You Should Have to Qualify
- Two years of experience in full-cycle medical billing or schooling.
- Three years of customer service experience.
- Experience with Medicare and/or Worker's Compensation claims
- Healthcare compliance and terminology knowledge.
- Making decisions, problem solving, and a knack for finding solutions are key in this role.
- Ability to resolve payment issues and effectively follow up with insurance companies.
- Knowledge of insurance guidelines, especially those associated with Medicare and Medicaid as well as ICD-10 and CPT codes.
- Maintain focus with interruptions.
- Critical and analytical thinking skills to help resolve billing issues and collect payments.
- Top-notch memory and confidentiality in all situations.
- Be passionate about quality customer service.
- Be able to perform in all forms of communication (i.e., phone and email). You’ll be interacting with insurance companies and patients regarding accounts, past due balances, unpaid claims, and other billing-related items. Strong communication skills are a must.
- Be fluent in billing language and comfortable with AR software.
- Meet weekly metrics by working the required number of accounts per day, which includes working denials, sending appeals, communication with our members and patients.
Ideally, You Would Also Have These
- Experience in physical therapy, orthopedics, chiropractic, or any specialty medicine billing.
Culture is at our Core
- Service: Create Raving Fans
- Accountability: F Up; Own Up
- Attitude: Possess True Grit
- Personality: Be Minty
- Work Ethic: Be Rock Solid
- Community Outreach: Give Back
- Health and Wellness: Live Better
- Resource Efficiency: Do Más With Menos
About Us
Here, we work hard—but we have lots of fun doing it. We believe in equal opportunity for all, autonomy, trailblazing, and always doing right by our Members. Most importantly, though, we believe in empowering rehab therapy professionals to achieve greatness in practice. So, if you’re a can-do kinda person who loves to help Members win and enjoys working from just about anywhere—then you’ll fit right in. We’ve got big plans, but we can’t achieve them without you. Join us, and let’s achieve greatness.
Company Perks
- Ample Time Off for fun and rest
- Work from nearly anywhere in the US
- WFH supply budget
- Time Off to make an impact through volunteering
- Multiple Employee Resource Groups (ERGs)
- Health, Dental, Vision, 401k, HSA, any many other benefits
- Authenticity and Acceptance
At WebPT, we're dedicated to fair and competitive compensation based upon our industry peer benchmarks. While job postings offer a pay range as a general reference, the final offer depends on candidate qualifications and experience. Our aim is to provide equitable compensation that recognizes your unique skills and contributions. During interviews, we'll discuss your qualifications and expectations, striving for a competitive and fair offer. The initial hiring range for this position is: $19.03/hr - $23.79/hr.