14 Nov
|
Eastvantage
|
Bangalore Urban
14 Nov
Eastvantage
Bangalore Urban
? We're Hiring: Collections Specialist! ?
The Healthcare Collection Specialist is responsible for managing accounts receivable (AR), following up on unpaid or denied medical claims with insurance companies, and contacting patients regarding self-pay balances, deductibles, or cost-share amounts. The goal is to maximize cash flow, reduce aging AR days, and resolve billing disputes while maintaining strict compliance with healthcare regulations.
? Location: Bangalore
⏰ Work Mode: Hybrid mode (6PM to 3AM)
? Role: Collections Specialist
What You'll Do
?Insurance Claim Follow-up:Conduct outbound calls, portal checks, and electronic inquiries with third-party insurance payers to check claim statuses and resolve unpaid claims.
?Denial & Rejection Management:Analyze claim denials, rejections, or partial payments, investigate root causes (e.g., coding, modifier, or policy issues), and re-submit or appeal claims in a timely manner.
?Patient & Self-Pay Collections:Contact patients regarding outstanding medical bills, co-pays, deductibles, or post-insurance balances via phone or email.
⏰Payment Negotiation:Discuss overdue accounts, negotiate manageable payment plans or settlement options, and secure "Promise to Pay" commitments.
?Account Reconciliation & Documentation:Maintain accurate, real-time notes of all collection activities, call outcomes, and transaction histories in the CRM, billing, or AR software.
?Reporting & Escalation:Generate aging reports, track daily collection targets, and escalate complex or disputed accounts to management or client teams.
✅Compliance:Ensure all daily operations adhere strictly to HIPAA patient confidentiality, FDCPA guidelines (where applicable), and payer-specific contracts.
What We're Looking For:
✅ Minimum 1–2+ years of experience in medical collections, US healthcare AR follow-up, or Revenue Cycle Management (RCM) in a BPO or provider-side setting.
✅ Experience working with third-party payers, such as VA, Medicaid, Medicare Advantage, and Workers’ Compensation.
✅ Understanding of Explanation of Benefits (EOBs), Electronic Health Records (EHR), and insurance claim lifecycles.
✅ Experience working with UB-04 and HCFA 1500 forms.
✅ Familiarity with Electronic Medical Record (EMR) systems and medical billing software.
✅ Proficiency in applications such as Epic, Cerner, and HubSpot.
Nice to have
✅ Knowledge of US healthcare regulations, including HIPAA, FDCPA, and PCI standards.
✅ Proficiency in using billing software (Clearinghouse), CRM platforms, and automated dialer systems.
✅ Robust understanding of healthcare billing codes, including CPT and ICD-10.
✅ Experience handling US provider-side or international healthcare accounts preferred.
✅ High attention to detail and ability to handle high-volume calls while meeting performance metrics.
✅ Proficiency in Microsoft Office (Excel, Word) and Google Workspace.
Educational qualification: Bachelor’s degree in Business, Finance, Healthcare Administration, or a related field.
Ready to make an impact? ? Apply now and let's grow together!
📌 Collections Specialist (Bangalore Urban)
🏢 Eastvantage
📍 Bangalore Urban