[Remote] Collection Specialist / Remote

Note: The job is a remote job and is open to candidates in USA. Amerita, Inc. is a leading provider in Home Infusion therapy, seeking a Collection Specialist to join their Revenue Cycle Management team. The role involves managing medical account receivables, ensuring compliance with regulations, and optimizing cash collections. Responsibilities Ensure daily accomplishments work towards company goals for cash collections and Account Receivable over 90 days Understand and adhere to state and federal regulations and company policies regarding compliance, integrity, patient privacy and ethical billing and collection practices Research outstanding balances and take necessary collection action to resolve in a timely manner; recommend necessary demographic changes to patient accounts to ensure future collections Research assigned correspondence; take necessary action to resolve requested information in a timely manner; establish appropriate follow up Resubmit accurate and timely claims in formats including, but not limited to, CMS-1500 and electronic 837 Utilize the mose efficient resources to secure timely payment of open claims or invoices, giving priority to electronic solutions Negotiate payment plans with patients in accordance with company collection policies Identify patterns of short-payment or non-payment and bring them to the attention of appropriate supervisory personnel Review insurance remittance advices for accuracy. Identify billing errors, short-payments, overpayments and unpaid claims and resolve accordingly, communicating any needed system changes Review residual account balances after payments are applied and generate necessary adjustments (within eligible guidelines), overpayment notifications, refund requests and secondary billing Interact with third party collection agencies Communicate consistently and professionally with other Amerita employees Work within specified deadlines and stressful situations Work overtime when necessary to meet department goals and objectives Skills High School Diploma/GED or equivalent required; some college a plus A minimum of one (1) year of experience in medical collections with a working knowledge of managed care, commercial insurance, Medicare and Medicaid reimbursement; home infusion experience a plus Working knowledge of automated billing systems Working knowledge and application of metric measurements, basic accounting practices, ICD-9, CPT and HCPCS coding Solid Microsoft Office skills required, including Word, Excel and Outlook Ability to type 40 wpm and proficiency with 10-key calculator Ability to independently obtain and interpret information Strong verbal and written communication skills Experience with CPR+ Benefits Medical, Dental & Vision Benefits plus, HSA & FSA Savings Accounts Supplemental Coverage – Accident, Critical Illness and Hospital Indemnity Insurance 401(k) Retirement Plan with Employer Match Company paid Life and AD&D Insurance, Short-Term and Long-Term Disability Employee Discounts Tuition Reimbursement Paid Time Off & Holidays Company Overview Amerita is a leading specialty infusion company focused on providing a wide range of complex therapies and personalized clinical services for acute and chronic health conditions. It was founded in 2006, and is headquartered in Greenwood Village, Colorado, USA, with a workforce of 1001-5000 employees. Its website is