Job Description
ROLE SUMMARY
- Ensure quality driven follow-up activities and resolution of accounts is carried out with the insurance carriers on the outstanding inventory to yield maximum cash flow and minimum bad debts
- Interact by Phone and Internet based portals with the insurance companies in US to procure status of the claim followed by appropriate activities to address open AR
- The key functions of an AR Executive is to ensure the below responsibilities are carried out to the best of his/her ability in the interest of the organization and client
RESPONSIBILITIES
- To address outstanding or assigned AR through analysis and phone calls by using available resources
- Utilization of all possible tools and applications available to take account to the next level of resolution, which would result in a payment, corrected submission, appeals, patient transfer or adjustment
- To report trends / patterns in denials, claim submission errors, credentialing issues and billing related road blocks to the immediate reporting manager
- To meet the established SLAs (service level agreements) for production and quality
- To update the outcome of the calls or analysis in a clear and coherent manner in the billing system
- To utilize the P & P’s (policies and procedures) established for the process and also stay updated with changes done with the P & Ps
- To improve the performance based on the feedback provided by the reporting manager / quality audit team
- Shift Timings – EST (Evening Shift)
COMPETENCIES, SKILLS AND OTHER REQUISITES
- Sound analytical skills
- Logical thinking
- Attention to detail
- Adequate domain knowledge on various billing terminologies & processes
- Good verbal and written communication skills