Electromed, Inc. New Prague , MN 56071
Posted 2 months ago
People Purpose: Beyond Competitive
It is no longer ok to just be competitive regarding how we treat our people in everything we do. Our leadership team believes wholeheartedly we need to be beyond competitive and cultivate a culture of proud, driven employees who are passionate about the work they do and where they do it. Our leadership strives to unleash unsurpassed potential in every team and individual employed and owns making that happen. Sincere, Simple, Smart.
What makes us Beyond Competitive:
6 weeks' time off annually
Employee bonus plan
Flexible hybrid/remote work options
Full pay maternity, paternity, parental, short-term disability leaves
Employee driven recognition program
Access to hundreds of training opportunities
Company paid educational assistance
Well-being on demand
Perks at Work
Competitive health and welfare plans -HSA company contribution
401(k) company match
Great culture and people!
The Opportunity:
The Billing Specialist is responsible for submitting patient bills to appropriate payers and performing efficient follow up on open accounts in a timely and accurate manner. They also ensure timely claims submission and follow up, reconcile claims, and resolve to ensure appropriate adjudication. The Billing Specialist must be able to respond knowledgeably to a wide range of complex denial issues when dealing with insurance companies.
Job Outcomes You Must Get:
Follow Electromed mission and core values, while striving to achieve company goals
Understand and adhere to local State and Federal healthcare regulatory and compliance rules
Review billing files for appropriate modifiers, diagnosis codes, patient demographic information and insurance prior to submission
Utilize multiple electronic billing, medical retrieval systems, and payer websites to resolve insurance denials and patient issues
Communicate effectively with internal customers, including Reimbursement and Accounting Departments
Ensure claims are processed and followed up in a timely manner to meet accounts receivables aging and cash receipt goals
Review patient statements to ensure accuracy
Complete payment reconciliation according to contracted payer fee schedules
Work to achieve monthly team goals
Educate patients on complex billing situations
Accurately record information to internal systems
Complete other miscellaneous tasks as needed to help support the reimbursement team
Job Outcomes Requirements:
Two years post-secondary education or equivalent work experience
Experience with insurance billing/reimbursement
Experience with third party and government payers
Proficiency in Microsoft Office programs: Outlook, Excel, Word
Experience with insurance claim software
Experience with professional claim submission preferred
High attention to detail and accuracy with the ability to handle multiple priorities
Self-starter, motivated
Ability to be tenacious but professional when working with various payers
Ability to work independently and as a contributing team member
Knowledgeable of insurance requirements and the ability to determine medical justification to ensure proper reimbursement
Excellent written and verbal communication skills
Demonstrated exceptional customer service skills
Ability to prioritize and organize
Strong analytical and problem-solving skills
Electromed, Inc.