Revenue Cycle Representative_AR

Reposted 9 Days Ago
Be an Early Applicant
2 Locations
In-Office
1-1 Annually
Junior
Artificial Intelligence • Healthtech
The Role
The Revenue Cycle Representative is responsible for processing accounts, ensuring accurate billing, following up on open claims, posting payments, and verifying insurance eligibility in the healthcare RCM industry.
Summary Generated by Built In

Key Responsibilities:

Process

● Responsible for achieving the defined TAT on deliverables with the agreed Quality benchmark score. ● Responsible for analyzing an account and taking the correct action. 

● Ensuring that every action to be taken should be resolution oriented whilst working on the specific task/case assigned. 

● Task claims to appropriate teams where a specific department within IKS, or client's assistance is required to resolve them.

Billing:

● Responsible for ensuring accurate billing to the payer for a specific claim. 

● Addressing the clearing house and front end rejections in a timely manner within a TAT of 24 hour period

AR: 

● Follow up with the payors on open claims beyond a reasonable time period to identify it's accurate action. 

● Analyze denials from insurances, verify its authenticity, understand causes and resolve them. 

● Ensure claims are followed up as per assigned ticklers within the stated time period. 

● Manage ageing on the assigned work file.

PP: 

● Responsible for posting the electronic payments once received from the payer onto the client's system 

● Responsible for posting the manual payments once received from the payer onto the client's system

● Balancing the Batches / Reconciliation 

● Ensuring that correct balance is flipped to the patient where applicable. 

● Ensuring that appropriate adjustments are executed based on payor policies, client guidelines, and adhoc approvals.

EV/BV: 

● Responsible for reaching out to the payor to check on the insurance eligibility and the benefits of the patient 

● Addressing the claims to insurance or Self Pay (Patient Attention) based on the eligibility identified


Qualifications:  Graduate from any discipline is a must


Role Prerequisites:

 ● Minimum 1 year and above experience in AR, PP, Billing and EV/BV is a must.


Functional Competencies: 

● Knowledge of the US healthcare RCM industry would be preferred 

● Basic Knowledge of working on computers would be preferred 

● Basic Knowledge of MS Office would be preferred. 

● Typing Speed

● Eye for Detail


Behavioral Competencies: 

● Team Work ● Communication 

● Customer Service Orientation ● Accountability 

● Analytical Thinking


* Please note: The competencies highlighted above under the functional and behavioral competencies are the MUST HAVE competencies in the role and need to be mandatorily measured during the assessments OR hiring process

Skills Required

  • Graduate from any discipline
  • Minimum 1 year experience in AR, PP, Billing and EV/BV
  • Knowledge of the US healthcare RCM industry
  • Basic knowledge of working on computers
  • Basic knowledge of MS Office
  • Typing speed
  • Eye for detail
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The Company
Burr Ridge, IL
8,664 Employees

What We Do

Our mission is to enable efficient and sustainable delivery of excellent care. The IKS Care Enablement Platform enables us to deliver the chores of healthcare, across administrative, clinical, and operational burdens, enabling clinicians and staff to focus on their core purpose of delivering great care to their patients. IKS Health creates transformative value in healthcare through a unique combination of cutting edge technology and dedicated experts that empowers clinicians to build healthier communities, and enables stronger, financially sustainable enterprises. Our global team of 14,000, including 600+ technologists and 2,600+ clinical staff, enables 150,000 clinicians to rediscover the joy of medicine. IKS Health is the trusted partner for 900+ clients including the largest hospitals, health systems, and specialty groups across the United States.

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