Insurance Collections Specialist jobs in United States
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Gastro Health · 3 days ago

Insurance Collections Specialist

Gastro Health is one of the largest gastroenterology multi-specialty groups in the United States, seeking a Full-Time Insurance Collections Specialist to join their team. The role involves managing insurance collections, maintaining communication with insurance carriers, and ensuring accurate account resolution.

Health CareMedical

Responsibilities

Provides Liaison between the providers of health care services, the patient, or other responsible persons, and revenue sources, to ensure the correctness of charges, a current record of all transactions, and account resolution
Maintains active communications with insurance carriers and third-party carriers until account is paid
Negotiates payment of current and past due accounts by direct telephone and written correspondence
Updates patient account information
Monitors and identifies payer denial trends and problem accounts; communicates patterns to supervisor
Runs a monthly aging report based on DOS and current A/R to identify accounts that require follow up
Manage all assigned worklist on a daily basis for assigned insurances
Utilize collection techniques to resolve accounts according to company’s policies and procedures
Report any coding related denial to the Coding Specialist
Performs other duties including but limited to faxing information as required, generating retroactive authorization requests, and verifying medical eligibility
Conducts necessary research to ensure proper reimbursement of claims
Assist with special projects assigned by Billing Manager or Supervisor

Qualification

Insurance collections experienceMedical terminology knowledgeMicrosoft Excel proficiencyHMOPPOMedicare experienceResearch skillsCommunication skillsNegotiation skills

Required

High school diploma or GED equivalent
At least 2 years' experience in insurance collections
Knowledge of medical terminology utilized in medical collections and billing (CPT, ICD-10, HCPCS)
Knowledge with letters of appeal
Intermediate experience with Microsoft Excel and Office products is required
Experience with HMO, PPO, and Medicare insurances
Must be able to read, interpret, and apply regulations, policies and procedures

Benefits

401(k) retirement plans with employer Safe Harbor
Harbor Non-Elective Contributions of 3%
Discretionary profit-sharing contributions of up to 4%
Health insurance
Employer contributions to HSAs and HRAs
Dental insurance
Vision insurance
Flexible spending accounts
Voluntary life insurance
Voluntary disability insurance
Accident insurance
Hospital indemnity insurance
Critical illness insurance
Identity theft insurance
Legal insurance
Paid time off
Discounts at local fitness clubs
Discounts at AT&T
Tickets at Work that provides discounts on concerts, travel, movies, and more

Company

Gastro Health

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Gastro Health is a medical practice company that provides gastroenterology adult and pediatrics services.

Funding

Current Stage
Late Stage
Total Funding
$100M
Key Investors
PenfundOMERS Private EquityAudax Private Equity
2021-07-01Private Equity· $10M
2021-07-01Debt Financing· $90M
2021-05-19Secondary Market

Leadership Team

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Lawrence Freni
Chief Financial Officer
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Alan Oliver
Chief Operating Officer
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Company data provided by crunchbase