Revenue Cycle Collections Specialist
100Plus
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Posted on Jun 18, 2024
Job Function:
Reconcile assigned accounts receivable, collecting overdue payments from Clients and Payers over 60 days outstanding. Keeping open communication, troubleshoot and resolve open balances while managing a healthy relationship with our Clients and Payers.
Responsibilities:
- Ensure all invoices are delivered to assigned accounts within 2 weeks of being invoiced with the Revenue Cycle Billing System
- Ensure all accounts with accounts receivables over 60 days are communicated to by email and a phone call at least twice a month until payment and/or payment plan has been arranged
- Document all attempts storing as historical data
- Understand and perform research of all historical data with accounts assigned to you
- Make any adjustments and/or credits on invoices within 48 hours of request from any given Client and/or Payer
- Being confident to act when speaking to an account within Leadership guidelines to resolve past due balances and/or issues
- Ensure all unapplied payments/credits on accounts are posted correctly prior to closing of Month End
- Assist with processing credit card and direct debit charges as needed
- Communicate in a highly professional manner and nurture a healthy relationship with Clients and/or Payer accounts
- Generate weekly reports to Leadership on collection activity and account status such as payments, promise to pay, credits and escalations needed etc.
- Increase overall Cash collections stiving for over 95% collection percentage
- Minimizing credit rate to 2-3% maximum
- Working as a Team member, assisting others as needed
This job is no longer accepting applications
See open jobs at 100Plus.See open jobs similar to "Revenue Cycle Collections Specialist" Correlation Ventures.