Collections Specialist

You have the opportunity to manage denials, payer aging and negative balance reports on our Revenue Cycle Management team.

Your role:

• Escalating payor issue trends for leadership consideration along with possible solutions and providing daily follow up on insurance correspondence, to ensure claim payments are made in a timely manner.

• Developing and maintaining updates for any problem payers and assisting in identifying, evaluating and developing systems /procedures to address issues with their payers.

• Determining patient eligibility along with basic benefit verification (qualifying diagnoses, prior testing and authorization requirements) and reading eligibility of benefits, to determine claim processing by insurance carriers.

You're the right fit if:

• You have a high school diploma or GED equivalent (required), bachelor's degree (a plus)

• You've acquired 1+ years of experience in reimbursement services, insurance/medical billing, insurance verification, collections and/or Accounts Receivable in medical billing (preferred).

• Your skills include experience with revenue cycle management with insurance companies (a plus) and a strong knowledge of Microsoft Word, Excel and e-mailing systems.

• You must be able to successfully perform the following minimum Physical, Cognitive and Environmental job requirements with or without accommodation for this position.

• You're a strong verbal communicator with both internal/external partners

About Philips

We are a health technology company. We built our entire company around the belief that every human matters, and we won't stop until everybody everywhere has access to the quality healthcare that we all deserve. Do the work of your life to help improve the lives of others.

• Learn more about our business.

• Discover our rich and exciting history.

• Learn more about our purpose.

• Read more about our employee benefits.

If you're interested in this role and have many, but not all, of the experiences needed, we encourage you to apply. You may still be the right candidate for this or other opportunities at Philips. Learn more about our commitment to diversity and inclusion here.

Additional Information

US work authorization is a precondition of employment. The company will not consider candidates who require sponsorship for a work-authorized visa, now or in the future.

Company relocation benefits will not be provided for this position. For this position, you must reside in or within commuting distance to Malvern, PA .

Philips is an Equal Employment and Opportunity Employer/Disabled/Veteran and maintains a drug-free workplace.

It is the policy of Philips to provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to race, color, ethnicity, religion, gender, pregnancy/childbirth, age, national origin, sexual orientation, gender identity or expression, disability or perceived disability, genetic information, citizenship, veteran or military status or a person's relationship or association with a protected veteran, including spouses and other family members, marital or domestic partner status, or any other category protected by federal, state and/or local laws.

As an equal opportunity employer, Philips is committed to a diverse workforce. In order to ensure reasonable accommodation for individuals protected by Section 503 of the Rehabilitation Act of 1973, the Vietnam Veterans' Readjustment Act of 1974, and Title I of the Americans with Disabilities Act of 1990, applicants that require accommodation in the job application process may contact ~~~, option 5, for assistance.

Equal Employment and Opportunity Employer/Disabled/Veteran