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Bad Debt Specialist

Posted: September 30, 2024
Salary:US$18 - US$20 per hour
Location:United States of America
Job type: Permanent
Discipline:Revenue Cycle
Reference:234693_1727705247
Work Location:Remote

Job description

Job Title: Bad Debt Specialist
Shift: 8 AM - 5 PM, Monday-Friday EST
Location: Remote (Eligible states: CO, PA, MA, NC, GA, FL, TN, TX, KY, AZ)


Job Overview:

Join our team as a Bad Debt Specialist and play a vital role in managing patient accounts and ensuring timely, compliant, and patient-centric financial resolutions. In this role, you'll be responsible for reviewing and analyzing accounts, determining eligibility for bad debt, and transferring accounts in a fast-paced and efficient manner. You may also provide support on phones during high-volume times, though your primary focus will be on account analysis and bad debt processing.

Key Responsibilities:

  • Account Analysis & Bad Debt Processing: Review patient accounts for 501(r) eligibility and send eligible accounts to bad debt, following client and compliance guidelines.
  • Portfolio Management: Own a portfolio of Self-Pay, Self-Pay After Insurance, and Payment Plan Accounts Receivable, ensuring timely and efficient resolution.
  • Documentation & Compliance: Accurately document all patient accounts within the client's software and maintain compliance with HIPAA and other privacy regulations.
  • Cross-Functional Support: Assist on phones during high-volume periods while maintaining primary responsibility for account analysis and bad debt assignment.
  • Collaboration: Work closely with team members and leadership to ensure proper alignment with client financial goals and bad debt targets.

Must-Have Skills:

  • Client-Specific Knowledge: Strong understanding of client self-pay and bad debt targets, key performance indicators, and 501(r) guidelines.
  • Multi-System Efficiency: Ability to navigate multiple systems seamlessly, using the client's approach to segmentation, predictive scoring, and robotic process automation (RPA).
  • Strong Communication: Excellent written and verbal communication skills for documenting and reporting account statuses.
  • Attention to Detail: Thoroughness in reviewing, analyzing, and transferring accounts to bad debt with accuracy and speed.

Nice-to-Have Skills:

  • Experience with EMR Systems: EPIC experience is a plus.
  • Proficiency in Microsoft Office: Excel, Word, and PowerPoint skills are beneficial.
  • Team Collaboration: A true team player with a passion for healthcare and an ability to connect with leadership and staff.

Training:

You will receive comprehensive training, including:

  • Direct shadowing of your manager.
  • A detailed training agenda to guide you through the role.
  • Shadowing experienced team members to gain hands-on knowledge before taking on independent tasks.

Dress Code: Business Casual