Financial Recovery AnalystJob ID254779
LocationUS-PA-Camp Hill
Experience (Years)3
CategoryProfessional/Management - Business Office
Street Address225 Grandview Avenue
CompanySelect Medical
Position TypeFull Time Regular
Overview
Central Business Office Financial Recovery AnalystPay starting at $22 per hour
Select Medical is one of the largest operators of critical illness recovery hospitals, rehabilitation hospitals, outpatient rehabilitation centers, and occupational health centers in the United States, with more than 50,000 colleagues caring for nearly 80,000 patients every day across our care continuum.
Select Medical and its parent company, Select Medical Holdings Corporation (NYSE: SEM), are based in Mechanicsburg, Pennsylvania, and honored to be recognized as one of America's Best-In-State (Pennsylvania) Employers 2020 by Forbes. For more information, visit selectmedical.com or youtube.com/selectmedical.
Responsibilities
The Financial Recovery Consultant collects monies due on high dollar, at risk accounts using inventive collection methods. Liaison between other departments within the organization and the CBO management team to facilitate communication of reimbursement policies, procedures, and resolutions to issues causing delays to cash and accounts receivable management.Resolve outstanding accounts assigned that may include high dollar accounts, specific payers, accounts for closed centers, aged accounts, or any project focusing on targeted accounts receivableMakes recommendations regarding the collectability of accounts. Reviews open AR to identify accounts requiring escalation.Analyzes Accounts Receivable to identify root causes of billing problems and communicates to Business Office Manager on issues relating to the collection process.Maintains global knowledge of all functions and processes within the CBO.Ensures appropriate processes are followed with regard to collections procedures. Recommends new processes and procedures for more effective and efficient collectionsPerforms ongoing trend analysis on third party payer payment levels including denials to ensure reimbursement is in accordance with allowable amounts stated in agreements and contracts. Works with Directors of Managed Care to resolve discrepancies.Works directly with payer relations representatives to identify and resolve specific payer issues.Research state and payer specific payment and collection regulations.Consistently meets productivity and quality goals based on individual assignment and is subject to change based on volume changes and operational needs.Provides training to others in the CBO as needed.Supports the mission/core values and direction of Select Medical both within the Central Business Office and throughout the corporation.Performs any additional duties as assigned by CBO Leadership.
Qualifications
Required QualificationsHigh school diploma or equivalent.Minimum three years inpatient facility collection experience.Required to be proficient in Windows based office technologies (ex. Word, Excel, PowerPoint).Excellent analytical problem solving skills.Excellent interpersonal and communication skills (both written or oral), including the ability to communicate complex issues clearly and concisely.Preferred QualificationsStrong organizational skills with an ability to prioritize to meet deadlines and manage multiple projects.Ability to work independently with minimal instruction or supervision
Additional Data
Select Medical strives to provide our employees with a solid work-life balance, as we understand that happy employees have both fulfilling careers and fulfilling lives beyond our doors.An extensive and thorough paid orientation program.Paid Time Off (PTO) and Extended Illness Days (EID).Bonus structureHealth, Dental, and Vision Insurance; Life insurance; Prescription coverage.A 401(k) retirement plan with ompany match.No Required Weekends but some overtime as needed (paid)Working Conditions/Physical Demands:Office EnvironmentSitting for extended periods of timeAbility to lift weight up to 35 lbs.Need help finding the right job?
We can recommend jobs specifically for you!Click here to get started.
Select Medical is committed to having a workforce that reflects diversity at all levels and is an equal opportunity employer. Qualified applicants are considered for employment, and employees are treated during employment without regard to race, color, religion, national origin, citizenship, age, sex, sexual orientation, gender identity, marital status, ancestry, physical or mental disability, veteran status, or any other characteristic protected under applicable law.