Accounts Receivable Specialist

Prima Systems

Multiple Cities, Pakistan

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Posted Apr 12, 2024 944 views Report Job

PKR. 60,000 - 100,000/Month

Digital Prima Systems is a reputable healthcare technology company specializing in providing innovative solutions for medical billing and revenue cycle management. We are committed to assisting healthcare providers in optimizing their financial operations and ensuring timely reimbursement for services rendered.

Responsibilities:

Insurance Claims Processing:
Review and prepare accurate insurance claims for submission to various payers.
Verify patient insurance coverage, benefits, and eligibility.
Ensure proper coding (CPT, ICD-10, HCPCS) and documentation for claims accuracy.
Submit claims electronically or by paper according to payer requirements.
Payment Posting and Reconciliation:
Post payments received from insurance companies and patients into the billing system.
Reconcile payments against billed amounts to identify discrepancies.
Investigate and resolve any discrepancies in payments, adjustments, or denials.
Accounts Receivable Management:
Monitor and follow up on unpaid or denied claims to ensure timely resolution.
Contact insurance companies to inquire about claim status and facilitate payment.
Review aging reports regularly to prioritize and address delinquent accounts.
Initiate appeals for denied or underpaid claims and track the appeal process.
Patient Billing and Communication:
Generate patient statements and invoices for outstanding balances.
Work with patients to establish payment plans or arrangements.
Provide clear and compassionate communication regarding billing inquiries or issues.
Documentation and Reporting:
Maintain accurate and organized records of all billing and collection activities.
Generate reports on accounts receivable status, aging trends, and collection efforts.
Prepare regular updates and summaries for management review.
Compliance and Regulations:
Ensure compliance with HIPAA regulations and other billing guidelines.
Stay informed about changes in billing regulations and payer policies.
Implement best practices to maximize reimbursement and minimize compliance risks.
Requirements:
Proven experience as an Accounts Receivable Specialist in medical billing or a related field.
In-depth knowledge of medical terminology, billing codes (CPT, ICD-10, HCPCS), and insurance claims processes.
Proficiency in using medical billing software and electronic health record (EHR) systems.
Strong understanding of insurance policies, reimbursement methodologies, and billing guidelines.
Excellent analytical skills to identify and resolve billing discrepancies efficiently.
Effective communication skills to interact professionally with insurance companies, patients, and internal teams.
Detail-oriented with a high level of accuracy in data entry and financial calculations.

Skills

Communication Skills Active Learning Team Work

Job Details

Industry:

BPO

Functional Area:

Client Services & Customer Support

Total Positions:

1 Post

Job Shift:

First Shift (Day)

Job Type:

Full Time/Permanent

Job Location:

Islamabad, Lahore, Pakistan

Gender:

No Preference

Minimum Education:

Bachelors

Career Level:

Experienced Professional

Minimum Experience:

2 Years

Apply Before:

May 13, 2024

Posting Date:

Apr 12, 2024

Prima Systems

BPO · 301-600 employees - Islamabad, Lahore

Prima Systems enables its clients over the whole Enterprise Technology to stack with separated industry arrangements. We modernize Business Process Outsourcing and make everything secure, adaptable and coordinated across open, private and half mists. Partnership is at our core. Our client relationships are about more than just the work we do, they are a huge part of who we are. At BPO Bench, we consider the success of our clients as a barometer of how successful we are. The Enterprise Technology Stack incorporates IT Outsourcing, Cloud and Security, Applications, Analytics and Engineering. We join long periods of experience running crucial frameworks with the most recent advanced developments to convey better business results and new degrees of execution, intensity and encounters for our clients and their partners. Prima Systems puts resources into three key drivers of development: People, Customers and Operational Execution. Our broad network helps drive coordinated effort and influence innovation freedom.