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Billing/Collections Specialist @ COR

USOnsiteFull-time
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About this role

Center for Bone & Joint Surgery of the Palm Beaches is a multi-location medical practice devoted to the diagnosis and treatment of injuries and diseases of the body's musculoskeletal system. Our locations feature a staff of highly trained orthopedic surgeons, each with a specific area of expertise.

Center for Bone & Joint Surgery of the Palm Beaches offers a team approach to your care and provides a variety of services right on campus designed for your convenience and ensuring an outstanding continuum of care. These include on-site X-ray, on-site MRI, on-site physical therapy, and aquatic therapy.

As Center for Bone & Joint Surgery of the palm Beaches continues to grow, we are looking for a Billing/Collections Specialist. Please see below for the functions and requirements for this position.

ESSENTIAL FUNCTIONS

• Maintains productivity and accuracy metrics per department expectation and AEIOU Behavioral Standards.

• Abstracts data from medical records to ensure proper coding of diagnosis and procedures including any applicable modifiers.

• Reviews insurance denials and rejections to determine next appropriate action steps and obtain necessary information to resolve any outstanding denials/rejections.

• Updates and confirms as necessary to allow processing of claims to insurance plans.

• Researches all information needed to complete billing process including obtaining information from providers, ancillary services staff and patients.

• Attaches referrals/authorizations to appointments/charges if available.

• Maintains satisfactory productivity rates and ensures the timeliness of claims reimbursement while maintaining work queue goals.

• Acts as a resource to staff and providers including providing subject matter expert education on billing and coding guidelines.

• Completes daily requests and working through obstacles on account balance to ensure maximum reimbursement.

• Identifies and communicates trends and/or potential issues to management team.

• Follows and maintains all CORE Institute policies and procedures, including those specific to billing and the Business Office.

• Other duties as assigned by leadership.

• Reviews insurance denials and rejections to determine next appropriate action steps and obtain necessary information to resolve any outstanding denials/rejections. • Verifies patient demographic information and insurance eligibility including coordination of benefits; updates and confirms as necessary to allow processing of claims to insurance plans. • Verifies receipt of claim with insurance plans, determining the next appropriate action steps and timeliness of claims maximum reimbursement. • Researches all information needed to complete billing process including obtaining information from providers, ancillary services staff and patients. • Obtains and attaches referrals/authorizations to appointments/charges. • Maintains productivity and accuracy metrics per department expectations and AEIOU Behavioral Standards. • Assumes full responsibility of reducing the accounts receivable of insurance balances by working through outstanding accounts. • Analyzes accounts for proper claims processing and payment posting through inquiries from patients or staff. • Identifies and communicates trends and/or potential issues to management team. • Follows and maintains all HOPCo policies and procedures, including those specific to billing and the Revenue Cycle.

At Center for Bone & Joint Surgery, we are dedicated to taking care of you so you can take care of business! Our robust benefits package includes the following:

• Competitive Health & Welfare Benefits

• Monthly $43 stipend to use toward ancillary benefits

• HSA with qualifying HDHP plans with company match

• 401k plan with company match

• Employee Assistance Program that is available 24/7 to provide support

• Paid Time Off

• Paid Holidays

• Mileage reimbursement

• and more...

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