Medical Collections Specialist
4 days ago
Clinovation Corp, a call center and business associate of a US-based medical group, is looking for a Medical Collections Specialist to join our Revenue Cycle Management team. This role focuses on accurate claim repricing, payer negotiation, and collections follow-ups to ensure maximum reimbursement. The ideal candidate has a solid background in medical billing, deep understanding of payer rules, and sharp attention to detail.
Key Responsibilities
Repricing & Collections
- Review medical claims for accuracy and ensure they follow payer contracts and fee schedules.
- Identify reimbursement discrepancies and initiate corrective actions such as adjustments or appeals.
- Monitor underpaid or incorrectly paid claims and resolve issues through follow-up and negotiation.
- Coordinate with insurance payers to negotiate payment rates for out-of-network claims when applicable.
- Stay updated on payer-specific rules, regulations, and fee schedule updates.
Revenue Optimization
- Analyze collection and repricing trends to identify workflow improvement opportunities.
- Collaborate with the Billing Manager to refine claim management policies.
- Develop strategies to minimize denials and maximize reimbursement.
Documentation & Communication
- Maintain detailed records of payer communications, adjustments, and resolutions.
- Prepare and distribute reports summarizing collection performance, trends, and outstanding issues.
- Coordinate with US-based teams and payers to resolve disputes professionally.
Compliance
- Ensure all repricing and collection activities comply with federal, state, and payer regulations, including HIPAA.
- Conduct periodic audits of repriced claims for accuracy and compliance.
Qualifications
Education & Experience
- High school diploma or equivalent required; associate's or bachelor's degree preferred.
- Minimum of 2–3 years of experience in medical billing, collections, or payer negotiations, ideally in a provider-side or healthcare BPO setting.
Skills & Competencies
- Proficiency in medical billing systems (e.g., Kareo, AdvancedMD, or similar).
- Strong understanding of CPT and ICD-10 coding and payer fee schedules.
- Excellent negotiation and problem-solving skills.
- Strong analytical ability and keen attention to detail.
- Effective verbal and written communication skills.
- Ability to multitask and meet deadlines in a fast-paced environment.
Certifications (Preferred but Not Required)
- Certified Professional Biller (CPB) or Certified Professional Coder (CPC).
What We Offer
- Company-covered government contributions - no deductions on salary (SSS, PhilHealth, Pag-IBIG).
- Paid time off and holiday pay.
- Opportunities for upskilling and career advancement.
Equal Opportunity Employer
Clinovation Corp is an equal opportunity employer. We celebrate diversity and are committed to maintaining an inclusive, collaborative workplace.
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