University of Maryland - Cockeysville, MD

posted 5 days ago

Full-time - Entry Level
Remote - Cockeysville, MD
5,001-10,000 employees
Educational Services

About the position

The Patient Accounts Receivable Representative I at the University of Maryland Medical System is responsible for managing assigned receivables, ensuring the resolution of outstanding account balances, and reducing uncompensated care. This role involves working with third-party insurances to maximize cash recovery and ensuring the correct processing of insurance claims.

Responsibilities

  • Works and maintains assigned receivables through work queues, age trail balance reports (ATB's), and special projects to achieve established department goals through resolution of outstanding account balances and reduction of uncompensated care.
  • Works with third party insurances to obtain maximum level of cash to reduce receivable.
  • Reviews financial references, including guidelines for reimbursement, state and federal regulations, payer-specific reimbursement policies, procedures.
  • Ensures correct processing of outstanding insurance claims by interpreting insurance payer responses, requesting account level adjustments, submitting appeals and claims reconsiderations, evaluating financial responsibility of patients, resolving insurance denials and claim rejections, performing insurance verification.

Requirements

  • High School Diploma or equivalent (GED)
  • 1 year work experience in general collections, accounts receivable oversight or customer service

Benefits

  • Decent pay
  • Great benefits
  • Remote work
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