Credit Balance Specialist

Posted 5 Days Ago
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Royapettah, Chennai, Tamil Nadu
In-Office
Mid level
Healthtech
The Role
The Credit Balance Specialist manages credit balances on insurance and patient accounts, ensuring compliance and optimizing reimbursement processes.
Summary Generated by Built In
Summary

The Credit Balance Specialist will act as the pivotal point in managing credit balances on Insurance and patient accounts, ensuring strict adherence to California state regulations, and fine-tuning the reimbursement processes in a multispecialty healthcare context.

What you'll do
    1. Credit Balance Resolution:
      • Analyze and resolve credit balances on patient accounts, ensuring accuracy and timeliness.
      • Coordinate and process voluntary and involuntary refund requests efficiently, maintaining high levels of accuracy.
      • Handle refund requests adeptly, processing them through federal payor portals as per the stipulated guidelines.
      • Engage proactively with insurance companies through calls to determine the true refund amounts and ensure that correct balances are maintained.
      • Document all transactions meticulously, generating detailed reports for audit purposes and regulatory compliance.
    2. Collaborative Communication:
      • Foster collaborative relationships with our US Operations team and inhouse teams to rectify discrepancies and sustain precise account balances.
      • Excellent communication skills.
What you have
  • Any Degree
  • A brief understanding on the entire Medical Billing Cycle.
  • Minimum 3+ years of work experience 
Nice-to-haves
  • Knowledge of Healthcare terminology and ICD/CPT codes will be considered a plus
  • Use of medical billing software will be considered an advantage

Top Skills

Medical Billing Software
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The Company
Chennai, , Tamil Nadu
258 Employees
Year Founded: 2005

What We Do

We are at the forefront of trends in healthcare, leading a revolution in how technology can drive innovation in patient care. Our company was founded on the values of collaboration, excellence and commitment, and we believe we can make the health care experience better for everyone.
We are at the forefront of trends in healthcare, leading a revolution in how technology can drive innovation in patient care. Our company was founded on the values of collaboration, excellence and commitment, and we believe we can make the health care experience better for everyone.

Our Acurus team is part of a mission-driven global organization reimagining the healthcare experience in the United States, finding new ways to improve our patients’ health and wellbeing through cutting edge technology and innovative care models
Our Acurus team is part of a mission-driven global organization reimagining the healthcare experience in the United States, finding new ways to improve our patients’ health and wellbeing through cutting edge technology and innovative care models.

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