Accounts Receivable Specialist

$52,000 - $72,800/Yr

Boston Endoscopy Center - Wellesley, MA

Full-time - Entry Level

Wellesley, MA

Hospitals

About the position

The Accounts Receivable Specialist at Boston Endoscopy Center plays a crucial role in managing the financial aspects of the center's operations. This position is responsible for ensuring accurate billing and collections, which are vital for the center's financial health. The specialist will support the center's ideology, mission, goals, and objectives while adhering to established policies and procedures. The role requires effective communication with patients, visitors, physicians, and coworkers, fostering a positive and respectful environment. The specialist will also be involved in the center's compliance and performance-improvement programs, contributing to the overall quality of care provided to patients. In terms of financial practices, the Accounts Receivable Specialist will utilize center resources efficiently, report any wasteful practices, and analyze work areas for potential cost-effective improvements. The specialist will be responsible for coding encounters, entering codes and charges into the practice management system, and submitting claims to insurance companies. Daily tasks will include running batch reports for billing, balancing fees charged, and ensuring compliance with billing regulations. The role also involves collections duties, where the specialist will monitor outstanding accounts, communicate with insurance companies and patients regarding balances, and manage accounts that require further action. The position requires a commitment to professional competence, including participation in continuing education and maintaining relevant professional memberships. The specialist will also handle billing calls and correspondence, ensuring that all inquiries are addressed promptly and accurately. Overall, the Accounts Receivable Specialist is essential in maintaining the financial integrity of the Boston Endoscopy Center, ensuring timely and accurate billing and collections while providing excellent service to patients and insurance companies.

Responsibilities

• Supports the center's ideology, mission, goals, and objectives.
• Communicates effectively and professionally with patients, visitors, physicians, and coworkers.
• Uses center resources appropriately and avoids wasteful practices.
• Contributes to the progress and development of the center's compliance program.
• Adheres to safety policies and procedures in performing job duties and responsibilities.
• Participates in continuing education and other learning experiences.
• Codes each encounter, enters all codes and charges into the practice management system and sends claims to insurance companies.
• Runs reports on outstanding insurance A/R on a daily/weekly basis.
• Receives all calls related to patient bills, whether from patients or insurance companies.
• Performs other miscellaneous office/clerical duties as needed.

Requirements

• High school diploma or GED certificate.
• Training/courses in business office activities.
• Third-party-payer billing experience.
• Strong ethical and moral character references.

Nice-to-haves

• Certified Coder
• Two or more years' billing experience
• ASC billing experience