BioTAB Healthcare ยท 1 week ago
Accounts Receivable Supervisor
St Louis, MO
Full-time
Onsite
Mid, Senior Level
3+ years expBioTAB Healthcare is a family-owned company that has been supporting patients with lymphatic, wound, and circulatory disorders for over 20 years. The Accounts Receivable Supervisor will oversee billing and collections processes, ensuring compliance and accuracy while managing a team to improve revenue cycle efficiency.
Medical Device
Responsibilities
Payment Posting: EFT, credit card, ACH, live check and insurance payments, researches and evaluates insurance payments and correspondence for accuracy. Processing and posting of insurance and patient payments, matches EOB and payment records with payments, write offs
Appeal & Audits: Supporting the entire audit process, from preparation and coordination to documentation and follow-up, ensuring accuracy and adherence to auditing standards. Identifying reasons for claim denials and formulating effective appeal strategies to maximize reimbursement. Employing data analysis to identify billing patterns, trends in denials, and areas for improvement in the revenue cycle management process. Experience with different levels of the Medicare appeals process, including redetermination, reconsideration, and Administrative Law Judge hearings
Billing: Accurate and timely submission of all claims for all payers, daily claim & invoice submission. Process the billing and payment for all Veterans Affairs purchase orders and provide required documentation to the purchasing agent within the contracted timeframe. Ensure all Contract Billing Partner billing is submitted to appropriate outsourced partner
Collections: Timely and accurate follow up on unpaid claims or patient accounts, work assigned lists of outstanding claim balances and/or patient accounts with multifaceted issues across different payers and patients. Analyze and resolve billing discrepancies on patient accounts & explain findings to patient. Remediation of outstanding balances, research appeals, re-bill & accurate record keeping
Compliance: Ensuring compliance with relevant healthcare regulations, financial standards, and internal policies
Prepares year end schedules for Review and other regulatory agencies, assist in monitoring compliance with Medicare regulations. Adhere to all relevant regulations and agency policies regarding patient intake and data management, including but not limited to: CMS and OFCCP guidelines related to our Quality Management System, documentation and process creation and training
Reporting: Review and communicate key statistics and trends to the Revenue Cycle Director to ensure consistent and efficient department process, assist with routine auditing of billing processes and denial practices and reasons & research and monitor applicable trends, with recommendations
Management of People: Overseeing assigned team members of the AR Team including hiring, training, and performance management, timecards, absence and metrics dissemination, overtime
Collaboration: Working with other departments, such as sales, operations, intake, to support workflow
Process Improvement: Identifying opportunities to improve processes and controls
Qualification
Required
2+ years of prior management experience
3 year minimum: claim submission, payment posting, appeal and denial processes
medical device billing and/or general healthcare reimbursement
medicare and commercial insurance carriers plan configurations in respect to calculations of coinsurance, deductibles and percentages
Preferred
College Degree Preferred Or Related Previous Experience
In-Depth Knowledge: Healthcare methodologies in coding, coverage, criteria, payments
Benefits
401k with company match
Healthcare
Vision
Dental
Life insurance
Short term disability
Company
BioTAB Healthcare
BioTAB Healthcare is a leading provider of Pneumatic Compression Therapy solutions, helping patients manage chronic conditions like Lymphedema, Chronic Venous Insufficiency, Venous Ulcers, and Peripheral Arterial Disease.
51-200 employees
Funding
Current Stage
Growth StageCompany data provided by crunchbase