Talento is partnered with a Healthcare Solutions organization seeking a Collections Specialist to join their Accounting team to support our client's growth. Our client is on the fast track to double in size over the next 2 years. This is a very exciting time to join the organization. If you are in the market, seeking your next opportunity and have prior healthcare experience supporting claims and collections. Apply Now!
Key Responsibilities:
- Manage accounts receivable to ensure timely collections and reduce outstanding balances.
- Coordinate billing processes, including the proper application of contractual obligations and adjustments.
- Communicate trends and patterns in collections to the claims and finance team to inform decision-making.
- Ensure all internal and external deadlines related to billing and collections are met.
- Review 835s and rebill claims as necessary to resolve discrepancies and ensure accurate billing.
- Review 277/277CA responses and take appropriate actions to address any issues or errors.
- Work closely with insurance companies to gather information on claim status and facilitate accurate claim dispositions.
- Maintain accurate records of billing and collection activities, including documentation of communications with stakeholders.
- Identify opportunities for process improvements and contribute to the development and implementation of best practices.
- Stay informed about changes in healthcare regulations and billing procedures to ensure compliance and optimize revenue cycle management.
Qualifications:
- Bachelor's degree in Business Administration, Finance, Healthcare Administration, or related field preferred.
- 3+ years of experience in revenue cycle management (RCM), with a focus on billing procedures and collections.
- Proven knowledge of billing procedures, including the proper application of contractual obligations and adjustments.
- Strong understanding of healthcare billing and reimbursement processes, including familiarity with 835 and 277/277CA transactions.
- Excellent communication and interpersonal skills, with the ability to effectively collaborate with internal teams and external stakeholders.
- Detail-oriented with strong analytical skills and the ability to identify trends and patterns in collections data.
- Proficiency in Microsoft Office Suite, particularly Excel, and experience with billing and collection software preferred.
- Ability to prioritize tasks and manage multiple deadlines in a fast-paced environment.
- Strong problem-solving skills and the ability to think critically to resolve billing and collection issues.
- Commitment to maintaining confidentiality and integrity in handling sensitive financial information.
- Bilingual – English & Spanish required.
About Talento HCM:
Talento Human Capital Management provides talent and organizational solutions enabling businesses to evolve beyond tactical human resources management. Our footprint spans across the US, South America, and Asia.
Our organization continues to thrive through our ongoing commitment to building an inclusive and diverse workforce from different backgrounds, perspectives, and skills. Talento Human Capital Management (HCM) is an equal opportunity employer, and people are at the center of what we do!
People + Passion + Perseverance = Progress
