Accounts Receivable - Collections Specialist $65K-$85K

About the Employer
  • LBAPS
  • Verified
Annual Salary
$65K - $85K

Job Description

Our organization is seeking a dedicated and experienced Accounts Receivable - Collections Specialist Specialist to join our team in the behavioral health field.

As an Accounts Receivable Collections Specialist, you will play a critical role in ensuring accurate and timely billing, collections, and overall financial management for our behavioral health services.

Responsibilities:

  • Manage the full cycle of accounts receivable for behavioral health services provided in home and school settings.
  • Process and review billing documentation, ensuring accuracy and compliance with relevant regulations and guidelines.
  • Generate and distribute invoices to insurance companies, and other third-party payers.
  • Follow up on outstanding accounts and initiate collections efforts as necessary.
  • Resolve billing discrepancies and respond to inquiries from patients, insurance companies, and internal stakeholders.
  • Collaborate with the billing team to streamline processes and improve efficiency.
  • Maintain accurate and up-to-date records of all financial transactions and communications related to accounts receivable.
  • Stay informed about industry trends, regulations, and best practices related to billing and collections in the behavioral health field.

Qualifications:

  • Strong knowledge of billing and collections processes, including insurance claims, Medicare/Medicaid, and third-party reimbursements preferred
  • Familiarity with relevant regulations and compliance requirements, such as HIPAA and CMS guidelines.
  • Proficiency in using accounting software and electronic health record (EHR) systems is preferred 
  • Excellent attention to detail and accuracy in data entry and financial record-keeping.
  • Strong analytical and problem-solving skills, with the ability to identify and resolve billing discrepancies effectively.
  • Excellent communication and interpersonal skills to interact with patients, insurance companies, and internal stakeholders.
  • Ability to work independently and meet deadlines with minimal supervision.
  • High level of professionalism, integrity, and confidentiality in handling sensitive financial information.

We offer competitive compensation, as well as opportunities for professional growth and advancement in this field.