Insurance Follow-Up Representative Job at Wolcott, Wood And Taylor, Inc., Chicago, IL

  • Wolcott, Wood And Taylor, Inc.
  • Chicago, IL

Job Description

Job Title: Accounts Receivable Specialist – Physician AR

Department: Revenue Cycle
Reports to: Accounts Receivable (AR) Manager

Position Summary:

The Accounts Receivable (AR) Specialist is responsible for managing and resolving outstanding accounts receivable balances related to physician services. This position plays a critical role in the revenue cycle by following up on unpaid claims, analyzing denials, and ensuring timely and accurate reimbursement from third-party payers and patients. The AR Specialist works closely with insurance companies, patients, and internal departments to identify and resolve billing issues, ensuring optimal cash flow and compliance with payer guidelines.

Key Responsibilities:


  • Follow up on outstanding receivables with third-party payers and patients to ensure timely payment.

  • Analyze and resolve denied or underpaid claims; identify root causes and recommend corrective actions.

  • Review and work claim edits, rejections, and denials to ensure claims are corrected and resubmitted as appropriate.

  • Respond to patient inquiries regarding account balances and insurance billing.

  • Maintain accurate and detailed documentation of all collection activities in the billing system.

  • Make outbound calls and/or send written correspondence to patients and payers to secure payment or obtain information.

  • Escalate complex issues to the AR Manager or other appropriate departments for resolution.

  • Assist with special projects and audits related to billing, collections, or compliance.

  • Ensure compliance with all federal, state, and payer-specific billing regulations.

  • Collaborate with the billing and coding team to correct claim errors and prevent future denials.

  • Other duties as assigned.

Education & Experience:


  • High school diploma or equivalent required.

  • Minimum 3-5 years of experience in healthcare accounts receivable, medical billing, or collections required.

  • Experience in physician billing is strongly preferred.

  • Familiarity with government and commercial insurance payers, including Medicare, Medicaid, and private health plans.

  • Working knowledge of electronic health record (EHR) and billing systems; EPIC experience is a strong plus.

Knowledge, Skills & Abilities:


  • Solid understanding of medical billing, insurance claim processes, and denial management.

  • Excellent verbal and written communication skills; ability to explain complex billing issues in a clear, patient-friendly manner.

  • Strong customer service skills with the ability to manage difficult conversations professionally.

  • High attention to detail and accuracy in data entry and account reconciliation.

  • Ability to work independently, prioritize tasks, and meet deadlines in a fast-paced environment.

  • Proficient in Microsoft Office, especially Excel and Word.

  • Ability to maintain confidentiality of patient and financial information in compliance with HIPAA regulations.

 

 

Job Tags

Full time, Work at office

Similar Jobs

VTP Holdings, LLC

Registered Nurse (RN) - PICC Nurse Job at VTP Holdings, LLC

 ...VIC the PICC ("VTP") is a specialized healthcare provider focused on vascular access consulting services to acute care hospitals, skilled nursing facilities and home healthcare. We provide vascular access device insertion services, post access support services including... 

Liberty Health

HOSPICE CLINICAL MANAGER - RN Job at Liberty Health

 ...HOSPICE CLINICAL MANAGER - RN Liberty Cares With Compassion At Liberty Hospice we understand the unique needs of our patients and families facing terminal illness. That is why Liberty Hospice provides our hospice patients with state-of-the-art care... 

Associated Press

Seattle Sports Writer Job at Associated Press

 ...AP journalism every day. The Associated Press is seeking a sports reporter based in Seattle who will cover major professional and...  ...business decisions and front-office changes. A compelling, accurate writer who can explain complex subjects clearly and produce people-... 

Trispoke Managed Services Pvt Ltd

Technical Recruiter Job at Trispoke Managed Services Pvt Ltd

Job Summary: We are currently seeking an experienced TDS recruiter to join our Client's Global Talent Acquisition - Corporate Recruiting Functions team. A successful candidate will be responsible for full life-cycle recruiting on a global scale, with a strong ...

QVC

Buyer I - Apparel Job at QVC

 ...careers. QVC Group, Inc. is a Fortune 500 company with six leading retail brands - QVC, HSN, Ballard Designs, Frontgate, Garnet Hill and...  ..., Your TeamQVC & HSN has an exciting opportunity for a talented Buyer I (usually referred to as an Associate Buyer in industry) to...