Compensation Specialist Job at M&D CAPITAL PREMIER BILLING

M&D CAPITAL PREMIER BILLING Richmond Hill, NY 11418

$22 - $25 an hour

About us

M&D Capital, a highly successful and fast growing medical billing company based in Queens, New York is looking for responsible, organized and knowledgeable No-Fault insurance & Workers' Compensation Specialist. M&D Capital provides revenue cycle management and billing services to numerous highly respected medical providers in the Tri-State area and is swiftly expanding to service providers nationwide.

M&D Capital maintains an exciting and energetic culture with opportunity for personal and professional growth and advancement. We work closely with all our staff in order to enhance their skills and grow the scope of their responsibilities, through training and support from every member of our company up to and including those at the executive level. If you meet the qualifications below, we invite you to join our team.

Our work environment includes:

  • Modern office setting
  • Growth opportunities
  • Casual work attire
  • On-the-job training
  • Safe work environment
  • Lively atmosphere

Job Description: No-Fault insurance & Workers' Compensation Specialist

M&D Capital Premier Billing is currently seeking full time Workers' Compensation and No-Fault medical collections representative to handle insurance denials, appeals, rejections for high volume/high dollar surgical medical claims. The ideal candidate for this position must be driven, self-motivated and able to meet the medical collection goals of the office.

Essential Job Duties:

  • Identify insurance coverage limitations with thorough examination of claims documentation and related records
  • Ability to analyze, identify and resolve issues which may cause payer payment delays
  • Identify and resolve claim edits through understanding of billing guidelines and payer requirements
  • Interpret terms for Workers' Compensation, No Fault and Commercial, when applicable
  • Review all EOBs for correct payment, deductible, adjustments, and denials
  • Determining the status of claims with the insurance company, if the claim meets contractual agreements or needs adjustment
  • Reconcile account balances, and verify payments are applied correctly
  • Maintain well aged accounts, promptly resolve and resubmit denied unpaid claims in a timely and efficient manner
  • Follow up on Appeals/corrected submitted claims
  • Respond to Insurance and attorney correspondence when necessary
  • Review and correct all rejections in clearing house
  • Other duties as assigned
  • Must have No-Fault, Workers Compensation experience.
  • Collaborates with other managers.
  • Performs other duties as assigned.

Requirements:

  • Must have understanding of No-Fault and Workers Compensation rules and regulations
  • Excellent time management, critical thinking, and moderation skills.
  • Track record of successfully resolving collections
  • Demonstrated ability to negotiate
  • Demonstrated persuasive skills
  • Proficiency in MS Office Suite, especially Excel and Word.
  • The ability to pay attention to detail, prioritize needs, multi-task and manage needs is essential.
  • Maintains and conforms to all Privacy Laws regarding patients and practice.
  • High school graduate or equivalent (such as GED)
  • Knowledge of claims a plus basic knowledge of medical coding; certification a plus.
  • Workers’ Compensation Collector/No Fault: 2 years

Hours Required:

Monday – Friday, 9:00am – 5:00pm

Job Type: Full-time

Pay: $22.00 - $25.00 per hour

Benefits:

  • 401(k)
  • 401(k) matching
  • Dental insurance
  • Employee assistance program
  • Employee discount
  • Health insurance
  • Life insurance
  • Paid time off
  • Parental leave
  • Retirement plan
  • Vision insurance

Schedule:

  • 8 hour shift

Ability to commute/relocate:

  • Richmond Hill, NY: Reliably commute or planning to relocate before starting work (Required)

Experience:

  • Workers' compensation: 2 years (Required)
  • No Fault: 2 years (Required)

Work Location: In person




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