[Hiring] Revenue Recovery Associate @Precision Medical Billing
Role Description
This is a remote position.
Revenue Recovery Associates are responsible for keeping AR within acceptable limits by aggressively following up on all outstanding claims including:
- Resolving denials
- Appealing claims for additional payment
- Ensuring patient/client billing information in the provided software is accurate
Accuracy is critical, as this is our business’ fundamental process.
Essential Duties and Responsibilities:
- Provide effective communication amongst all team members regarding claim creation errors and/or trends regarding reasons for denials or outstanding claims.
- Ensure accurate submission of client claims.
- Distribute billing reports weekly to all clients.
- Review daily collections and monthly reporting, as well as recommendations for billing audits.
- Monitor and follow up on progress of submitted claims and paperwork.
- Identify lost revenue through AR cleanup/follow up.
- Verify accuracy of data, compile data and translate information into multiple formats.
- Identify and recommend potential revenue challenges to maximize reimbursements within the terms of the facility agreements.
- Other job duties as assigned.
Qualifications
- High School Diploma
- 2-3 years of medical billing or insurance experience required
- Understanding of office applications, including MS Office (Word, Excel, Outlook)
- Home Health RCM Experience needed
- Minimum of 1-2 years of home health or hospice billing experience (preferred)
- Knowledge of Medicare, Medicaid, commercial insurance and Medicare Advantage billing
- Ability to verify patient insurance eligibility and benefits
- Knowledge of Medicare NOA/NOE and final claim processes
- Understanding and Knowledge of Authorizations
- Experience with EVV (preferred)
Benefits
- This is a contract position and is not eligible for company-sponsored employee benefits.
- Compensation will be based on the agreed hourly rate and approved hours worked.
