Revenue Cycle Specialist

Therapy and Beyond

Revenue Cycle Specialist

Flower Mound, TX
Full Time
Paid
  • Responsibilities

    Job Description

    The Revenue Cycle Specialist is a vital aspect of our billing team who is responsible for daily billing/submissions of claims, correcting and monitoring rejections, third-party follow-up, and reviewing payments posted, among other duties. Essential to this position is the ability to communicate clearly and concisely, verbally and in writing, establish and maintain long-term customer relationships, building trust and respect by consistently meeting and exceeding expectations.

    • Validate all pertinent treatment information in order to submit accurate claims.

    • Ensure all patient demographics and payer information are accurate

    • Submit all claims to clearing house and work rejections, as needed.

    • Communicates directly with the payor, resubmits denied claims, underpaid claims and claims that are inaccurately processed. Receives the denied claims and researches appropriate steps.

    • Run reconciliation to ensure completion of open tasks.

    • Prepares, posts, verifies, and records customer payments and transactions

    • Identifies delinquent accounts by reviewing files and reports delinquent account holders.

    • Review posted payments for reimbursement according to contract and accuracy

    • Provide effective communication to patient/family, team members, and other health care professionals and maintain confidentiality.

    • Review payer contracts to ensure billing and reimbursement compliance and accuracy

    • Ensure that all patient accounts are properly and completely documented

    • Assists the Accounting Department in reconciling revenue accounts.

    • Collaborates with necessary departments in order to drive process improvement

    • Relays changes of information to appropriate employees and leaders.

    • Investigate and resolve customer queries

  • Qualifications

    Qualifications

    • Education: Associate’s or Bachelor’s degree in Accounting preferred.
    • Experience: A minimum of 2 years in revenue cycle, claims, or medical billing preferred
    • Excellent communication, organization, attention to detail, and problem solving skills.
    • Proficient in Google Workspace as well as other accounting software programs.
    • Detailed understanding of healthcare insurance processes, including resolving non-paid, denied, underpaid, and rejected claims.
    • Ability to work independently and in a fast-paced environment.
    • Ability to anticipate work needs and interact professionally with employees and leaders.
    • Excellent organizational skills and attention to detail.
    • Demonstrate excellent problem-solving and negotiating skills.
    • Ability to sustain prolonged sitting and extended computer use. Requires hand-eye coordination and manual dexterity.