Insurance and Accounts Receivable Specialist
$44,720–$51,438 year
HybridMinneapolis, Minnesota, United States
Job Summary
Manage daily phone calls with patients, staff, and insurance companies while handling insurance demographics, coding, billing, and collections within NextGen software. Monitor remittance advice for denials and inconsistencies, then submit replacement claims, appeals, and timely follow-up requests to maintain accurate accounts. Complete quarterly payer audits and run service item reports to verify correct payments, ensuring compliance with CMS guidelines and HIPAA regulations. Research insurance portals, maintain bulletin information, and update documents in MNGI for new plans.
Required Qualifications
- High School Diploma or GED
- 1-2 years of experience in a business office/billing setting
- Microsoft Office applications
- Insurance payers
- CMS billing guidelines
- Knowledge on new insurance plans each year
- Must be able to walk, sit, stand, reach overhead, and bend to the floor
- Must be able to talk and hear
- Must be able to use dexterity of hands and fingers to operate a computer keyboard, mouse, and other office equipment
- Must have close vision and ability to adjust focus
- Must be able to lift and transport items up to 10 pounds occasionally
- Must be able to travel to other company locations due to staffing and training needs
- Must be able to travel by automobile
- Must be alert to conditions that may impact the safety of patients, employees and visitors
- Must be able to perform each essential function satisfactorily and regular attendance is required
Desired Qualifications
- Demonstrate an understanding of Electronic Practice Management (EPM) and Electronic Health Records (EHR) within NextGen software
- Understand the process from the time patient schedules an appointment, front desk procedure, coding, billing, application of payment, and collections
- Work closely with patients, insurance companies, and co-workers to address or resolve any concerns while maintaining HIPAA compliance
- Monitor remittance advice for details including denials and payment inconsistencies
- Submit replacement claims and appeals to the insurance companies
- Submit timely follow up requests for status
- Assist as needed in processing insurance payments so that all accounts are up-to-date and accurate
- Complete insurance Payer Audits quarterly to ensure payments are accurate per our contracted rates
- Run service item reports to verify correct payment/information for processing claims
- Understand how to set up new insurance and update all pertinent documents in MNGI
- Research insurance portals
- Maintain information from insurance bulletins
- Compassionate patient care
- Active listening
- Problem solve, prioritization, and critical thinking
- Attention to detail
- Organization and time management
- Multitask
- Communicate effectively verbally and in writing
- Work independently as well as in a team environment
- Type proficiently and accurately
Hiring someone like this?
Get your role in front of qualified candidates on Sorce.