
Collections Associate
3 weeks ago
MediCard Phils., Inc.is one of the country's leading HMOand the only HMOfounded and run by Doctors. Since its inception, the concept of service-oriented total health care has been the molding ideal of MediCard. The competition is vast, and the benefits being offered by the competitors are tempting. However, MEDICard has taken the lead in providing innovative and productive ideas that cut down the cost of health maintenance without compromising its quality.
MediCardnow boasts of more than half a million members and over 54,000 accredited doctors in over 1,000 hospitals and clinics nationwide. It also operates 16 MediCard free-standing clinics that provide services at par with those offered by hospitals minus the confinement.
MediCardis currentlylooking for assertive, dynamic and energetic individuals to fill up the following vacancy:
The Collections Associate supports the collections process, helping to ensure timely payment from clients and healthcare providers. This role involves coordinating with internal teams, clients, and payers to manage outstanding balances and follow up on unpaid invoices. The Collections Assistant also assists in resolving payment discrepancies, maintaining accurate records, and supporting the Collections Lead in optimizing the collection efforts. Attention to detail, persistence, and strong communication skills are critical to the success of this role. DUTIES & RESPONSIBILITIES•Payment Follow-up: Proactively contact clients and healthcare providers to follow up on overdue invoices and ensure timely payments.
•Account Reconciliation: Assist in reconciling accounts receivable, identifying discrepancies, and working with the relevant parties to resolve them.
•Documentation: Accurately record and maintain detailed records of collections activities, communications, and payment statuses.
•Payment Plans: Assist in negotiating payment plans or settlements with clients facing financial difficulties, ensuring compliance with company policies.
•Customer Support: Address and resolve inquiries from clients regarding their accounts, payments, and outstanding balances.
•Reporting: Prepare regular collections reports for the Collections Lead, highlighting aged accounts, collection progress, and any issues encountered.
•Collaboration: Work closely with the Billing team, finance department, and other relevant teams to ensure accurate invoicing and efficient collection processes.
•Compliance: Ensure all collections activities comply with company policies, contractual agreements, and healthcare regulations.
•Assistance in Audits: Support internal and external audits by providing necessary collections documentation and records.
•Process Improvement: Provide feedback and suggestions to improve collections procedures and efficiency.
MINIMUM QUALIFICATIONS
•Education – Bachelor's degree in Accounting, Finance or any related course
• Experience – Previous experience in collections, customer service, or healthcare is a plus.
• Technical / functional skills:
1. Basic knowledge of collections processes and accounts receivable management.
2. Proficiency in accounting or collections software and Microsoft Office Suite (Excel, Word).
3. Strong communication and negotiation skills.
4. Attention to detail and ability to manage multiple accounts simultaneously.
5. Persistence and problem-solving skills.
• Ability to work well in a team environment.
At MediCard, we believe that diversity and inclusion are essential to fostering innovation, collaboration, and growth. We are committed to creating a workplace where everyone, regardless of gender, race, ethnicity, age, sexual orientation, disability, or any other characteristic, feels valued and empowered to contribute their unique perspectives and talents.
Our inclusive hiring practices ensure that we attract, hire, and retain the best talent from all backgrounds. We strive to provide equal opportunities for all candidates and promote a culture of respect, fairness, and transparency. We are dedicated to continuously improving our processes and policies to eliminate biases and barriers, ensuring that every employee has the support and resources they need to thrive.
MediCard is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
Join MediCard Now
You must provide all requested information, including Personal Data, to be considered for this career opportunity. Failure to provide such information may influence the processing and outcome of your application. You are responsible for ensuring that the information you submit is accurate and up-to-date.
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