Medical Collections Specialist
• Entering EOBs in the system and researching returned claims.
• Conducting phone and written follow-up on unpaid claims.
• Maximizing the amount of cash collected and minimizing the time in which it is collected.
• Research and resolve open accounts quickly and professionally. Job Requirements: • Medical Collections Experience (1-2 Years Minimum)
• Must type 31-45 words per minute.
• Ability to read and interpret medical records REQUIRED
• Knowledge of Endeavor and/or Medicare IVR
• Knowledge of how to read and interpret Explanation of Benefits (EOB's)
• Knowledge of HMO’s and PPO’s
• Knowledge of patients’ medical records for determining correct Medicare criteria. Hourly Rate Pay Range: $17.00 to $25.00
· Annual Range ($35,360 to $52,000)
O/T Rate Pay Range : $25.50 to $37.50
· Example of Annual O/T Range (5 to 10 hours per week @ 50 weeks range $6,375 - $18,750+)
· Note: Abundance of O/T Available Bonus Opportunity
Production Bonus: $0 to $1000 per month (increases hourly rate up to $5.77 or up to $12k per year)
Profit Bonus: $0 to $1000 per month (increases hourly rate up to $5.77 per hour or up $12k per year)
Total Compensation Opportunity Examples:
Annual Base Pay: $41,735.00 (Estimate incl. 5 hrs O/T per week, Low-range Production and Profit Bonus after 3 months)
Annual Mid-Range Pay: $60,555.00 (Estimate incl. 5 hrs O/T per week, Mid-range Production and Profit Bonus)
Annual Top Pay: $82,375.00 (Estimate incl. 5 hrs O/T per week, Max Production and Profit bonus) All Full-Time positions offer the following: Medical, Dental, Vision, ER paid Life for Employee, Voluntary benefits, Medical FSA, Dependent FSA, HSA, 401k, and Financial Wellness planning.
Additional Benefits for Full-Time Employees (3 to 4 weeks of Paid Time Off)
Holidays: 10 paid holidays per year
Vacation Benefit: At completion of 3-month introductory period, vacation accrual up to a max of 40 hours in the first 23 months, at 24 months, accrual up to a max of 80 hours with a rollover balance.
Sick Benefit: Sick accrual begins upon date of hire up to a max accrual of 80 hours annually with a max usage of 48 hours annually with a rollover balance.
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