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

Quality Employment Service, Inc.

Spray Painter Job at Quality Employment Service, Inc.

 ...We are currently seeking a Spray Painter for a manufacturing facility.The Spray Painter will be responsible for applying paint and protective coatings to products using spray equipment in a production environment.Key Responsibilities Operate a spray gun to apply paint... 

Sinclair Inc

News Photographer Job at Sinclair Inc

 ...WPEC is looking for a creative full-time News Photographer! We are seeking someone who can see beyond the lens and bring back compelling stories. The candidate should have 2 years of ENG experience with a network affiliate news organization. You will cover day to day... 

Union County

Part-Time Custodian Job at Union County

 ...federal law.2. Clean all classrooms, including but not limited to, removing trash, dusting furniture and equipment, emptying pencil sharpeners, cleaning marker boards and trays, sweeping and mopping the floors, and polishing metal fixtures.3. Clean all restrooms,... 

Genuine Parts Company

Auto Parts Store Manager: Lead Growth & Team Job at Genuine Parts Company

 ...Genuine Parts Company in Minnesota is seeking an experienced Store Manager to lead our auto parts team. You will guide a crew, drive growth, and manage the store's P&L while delivering top-tier customer care.You'll build strong relationships with customers and wholesale... 

CDW

Computer Repair Technician Job at CDW

 ...DescriptionAs a Computer Repair Technician within the K-12 area, you will be responsible for diagnosing and repairing hardware and software issues on various Chromebooks. This role utilizes core skills in hand tools, equipment repair, analysis, and troubleshooting while...