Recruiting || Sr AR Caller & Sr AR Analyst || Medical Billing || RCM Job Description Template
The Sr AR Caller & Sr AR Analyst in Medical Billing is responsible for managing and analyzing accounts receivable to ensure the timely and accurate collection of payments. This role involves calling patients and payers, resolving billing issues, and improving cash flow while adhering to healthcare regulations.
Responsibilities
- Manage accounts receivable for the medical billing department.
- Communicate with patients and payers to resolve billing issues.
- Analyze AR data to improve cash flow and financial performance.
- Ensure compliance with all healthcare regulations and guidelines.
- Prepare and submit accurate financial reports.
- Identify and address discrepancies in billing and payments.
- Maintain accurate records of all communications and transactions.
- Collaborate with other departments to streamline billing processes.
- Provide training and support to junior AR staff.
Qualifications
- Bachelor's degree in finance, healthcare administration, or related field.
- Minimum of 5 years experience in medical billing or accounts receivable.
- Expertise in RCM (Revenue Cycle Management) processes.
- Strong understanding of healthcare regulations and compliance.
- Excellent communication and interpersonal skills.
- Proficient in medical billing software and MS Office Suite.
- Strong analytical and problem-solving abilities.
- Detail-oriented with excellent organizational skills.
Skills
- Medical Billing
- Accounts Receivable
- Revenue Cycle Management (RCM)
- Healthcare Compliance
- Data Analysis
- MS Office Suite
- Communication
- Problem-Solving
- Organization
Frequently Asked Questions
A Sr AR Caller & Sr AR Analyst in Medical Billing is responsible for managing the accounts receivable of a healthcare organization. Their duties include monitoring and following up on outstanding claims, conducting insurance verifications, ensuring timely payments, resolving denials, and analyzing accounts to optimize revenue cycle performance. They play a vital role in reducing days in accounts receivable (AR) and improving cash flow.
To become a Sr AR Caller & Sr AR Analyst in Medical Billing, candidates should have a high school diploma or equivalent, though a degree in healthcare administration or related field is beneficial. Relevant experience in medical billing, coding, and accounts receivable processes is essential, along with expertise in healthcare reimbursement, payer policies, and regulations. Strong analytical, communication, and problem-solving skills are also required for success in this role.
The average salary for a Sr AR Caller & Sr AR Analyst in Revenue Cycle Management (RCM) can vary based on location, experience, and the specific healthcare organization or billing company. Typically, individuals in this position can expect a competitive salary that reflects their expertise in managing accounts receivable, reducing claim denial rates, and enhancing the income cycle for healthcare providers.
Qualifications for a Sr AR Caller & Sr AR Analyst role include a minimum of a high school diploma or equivalent, with post-secondary education in medical billing or healthcare administration preferred. In-depth knowledge of medical billing software, regulations, insurance claims processing, and the ability to analyze and improve AR processes are needed. Prior experience in revenue cycle management and a strong understanding of industry-specific compliance are also necessary.
A Sr AR Caller & Sr AR Analyst in Medical Billing requires skills in detailed record-keeping, insurance follow-up, and claims management. They must be adept in analyzing denial trends and possess strong negotiation skills for claim resolutions. Responsibilities include effectively communicating with insurance companies and healthcare providers, ensuring accurate billing, reducing AR days, and optimizing revenue recovery. Attention to detail, problem-solving abilities, and proficiency with billing software are crucial for this role.