Posted 23 days ago
Specialist, Accounts Receivable
AI Summary
Follows up with insurance payers on outstanding claims, resolves obstacles to payment, and accelerates cash collections for hospital clients.
About this role
Welcome to Ovation Healthcare!
At Ovation Healthcare, we’ve been making local healthcare better for more than 40 years. Our mission is to strengthen independent community healthcare. We provide independent hospitals and health systems with the support, guidance and tech-enabled shared services needed to remain strong and viable. With a strong sense of purpose and commitment to operating excellence, we help rural healthcare providers fulfill their missions.
The Ovation Healthcare difference is the extraordinary combination of operations experience and consulting guidance that fulfills our mission of creating a sustainable future for healthcare organizations. Ovation Healthcare's vision is to be a dynamic, integrated professional services company delivering innovative and executable solutions through experience and thought leadership, while valuing trust, respect, and customer focused behavior.
We’re looking for talented, motivated professionals with a desire to help independent hospitals thrive. Working with Ovation Healthcare you will have the opportunity to collaborate with highly skilled subject matter specialists and operations executives, in a collegial atmosphere of professionalism and teamwork.
Ovation Healthcare's corporate headquarters is located in Brentwood, TN. For more information, visithttps://ovationhc.com.
Summary:
The primary responsibility of this position is to follow-up with insurance payers on outstanding claims,break down obstacles to payment, and accelerate cash collections.
Duties and Responsibilities:
Responsible for follow-up and collecting on accounts in assigned inventory. Utilizes experienceand follow-up strategies and tools to resolve claims and obtain payment.
Escalates unpaid claims to payer claims supervisor as appropriate when regular follow-up effortsare not successful.
Documents client’s host system utilizing the 5 W’s framework and related policies/procedures toensure accurate and complete documentation and then copies account notes into out workflow tool.
Assigns appropriate status codes (e.g. root cause, action, etc.) in our workflow tool sotrends can be identified and addressed.
Writes first and second level appeals of all denials in effort to overturn and secure payment.
Escalates payer denial and other trends to Management for further assistance.
May also work assigned underpayments as assigned by Management.
Maintains client and/or position specific daily productivity and quality expectations.
Researches and analyzes any correspondence received related to assigned accounts.
Knowledge, Skills, and Abilities:
Must adapt and demonstrate the ability to work independently from home in a fast-paced,
changing and goal-oriented environment.
Direct account follow-up and/or billing experience.
Medical Terminology, ICD-10, CPT and DRG knowledge a preferred, knowledge of third-partyIntermediate experience in Excel preferred.
Provides information regarding patient accounts in response to inquiries, safeguardingconfidential information in verbal replies and correspondence.
Demonstrates understanding of the entire revenue cycle.
Must be detail oriented, organized, and possess the ability to apply critical thinking skills.
Assists with problem solving, inquiries, and customer interaction to ensure positive results.
Work Experience, Education, and Certifications:
High school diploma or equivalent; additional training in hospital insurance collections is a plus.3-5 years of collections experience in a Hospital Business Office.
Working Conditions and Physical Requirements:
Work from home and remote location with a stable internet connection, a quiet and dedicated workspacefree of distractions, and access to necessary office equipment.
The ability to have daily communicationwith team members, management, and clients through email, phone calls, video meetings and othercollaborative tools.
Primarily requires sitting at a desk for extended period. Proper lighting andergonomics should be maintained to reduce eye strain.
Travel Requirements:
None
Skills
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