Pay Range: $27.88 - 32.07/hr
Schedule: Monday - Friday, 8am - 4:30pm
Hybrid Work Schedule - In office 3 days/week (Tues - Thurs)
Office Location: 5250 Old Orchard Rd. Skokie IL 60077
The Revenue Cycle Management (RCM) Specialist is responsible for timely submission of claims to insurance companies from a wide variety of medical providers and facilities and timely addresses denials.⯠They will monitor, follow-up, and ensure that payments for medical services are received timely and paid in full.⯠The RCM Specialist may function as an intermediary between healthcare providers, clients, patients, and health insurance companies.
RESPONSIBILITIES
- Review client accounts for accuracy and completeness. Obtain missing information and submit claims to insurance companies and other payer sources for payment.
- Identify insurance company or correct guarantor (client) to be billed; identify and bill primary, secondary, or tertiary insurances.
- Utilize a combination of client electronic health record and paper records to assist with billing and collections. Maintain accurate and legally compliant health record.â¯
- Review insurance payments for accuracy and compliance with contract discounts.
- Review denials or partially paid claims and work with involved parties to resolve discrepancies.
- Manage assigned accounts ensuring outstanding/pending claims are paid in a timely manner and contact appropriate parties to collect payment.
- Communicate with health care providers, patients, insurance claim representatives, and other parties to clarify billing issues and facilitate timely payment.
- Consult supervisor, team members, and appropriate resources to solve billing and collection questions and issues.
- Maintain work operations and quality by following standards, policies, and procedures; escalate compliance issues to Supervisor.
- Prepare reports and forms as directed and in accordance with established policies.
- Perform other related duties and/or projects as assigned
QUALIFICATIONS
- Must have received or be willing to receive the COVID-19 vaccination by the date of hire to be considered.⯠Proof of vaccination required.â¯
- High school diploma or equivalent. Bachelor’s Degree in Business Administration, Accounting, or Health Care Administration preferred
- Minimum 3 years of experience in the healthcare industry (particularly, working with Medicaid and Managed Medicaid insurance companies)
- Medical billing, medical coding, medical administration certificate, or diploma program highly preferred
- One to three years of training and experience in Revenue Cycle functions highly preferred
- Educated on and compliant with HIPAA regulations. Understand medical terminology and maintain strict confidentiality of patient and client information.
- Experience with CareLogic system preferred
- Strong understanding of Microsoft applications; i.e. Excel, Outlook, Word, PowerPoint
- Ability to investigate problems and develop/communicate solutions
- Excellent and professional customer service to internal and external customers.
BENEFITS
- FREE Virtual Primary Care, Urgent Care, and Mental Health Counseling for ALL Employees
- PAID Maternity/Paternity leave
- Medical Insurance (BCBS of IL)
- Dental Insurance
- Vision Insurance
- Life Insurance
- Long-Term & Short-Term Disability
- Pet Insurance
- FSA (Health, Dependent Care, Transit)
- Telemedicine
- EAP
- 403(b) Retirement Plan with Employer Match