Credit Resolution Specialist

Company: Children's Hospital of the King's Daughters
Location: Chesapeake
Posted on: April 4, 2021

Job Description:

General Summary: # The Credit Resolution Specialist is responsible for monitoring and resolving accounts in a credit status assigned in the work queue.# This role analyzes the account, confirms current charges have been properly adjudicated, and verifies that the payment by the payer and patient is accurate. Reports to the Revenue Cycle Compliance Manager. # # Duties and Responsibilities: Maintains compliance related to government payers by analyzing the account and taking the required action to resolve the credit# Analyzes account to determine the credit reason. Utilizes payer remits, payer websites, the billing system and other resources to determine the reason and action required. Ensures, if two payers are involved, the correct primary/secondary payment is on file for each payer. Updates insurance information based on new information obtained, and request claim submission for new payer. Enters and applies adjustments up to $1,000. Submits request for adjustments greater than $1,000 for approval and processing. Enters refunds to patient/parent/guarantor or payer up to $3,000.# Submits request for refunds greater than $3,000 for approval and processing. Audits specified accounts in a credit status. Performs other duties as assigned.### Minimum Education and Experience Requirements:# High school diploma or equivalent required. Minimum of one-year credit resolution, customer service, and document imaging acquired in a hospital patient account department, physician office, or medical services organization.# Experience with credit resolution functions from investigation, review, and determination.# Must have experience with third-party payer insurance processes from verification, billing, coding, and medical terminology.# Ability to effectively gather and exchange information in both oral and written communication with proper grammar, spelling, and punctuation. Experience in working in a high volume environment with specific deadlines to accomplish the task. Strong computer skills with experience utilizing MS Office suite required. #

Keywords: Children's Hospital of the King's Daughters, Chesapeake , Credit Resolution Specialist, Other , Chesapeake, Virginia