Accounts Receivable Representative

Job description

At Tactile Medical, we specialize in developing at-home therapy devices to treat lymphedema, chronic venous insufficiency and respiratory illnesses. The Accounts Receivable Representative will be, as part of a team, responsible for accurately and efficiently maintaining patient accounts receivable records, through the recording of insurance payments, adjustments, denials, charges, and credits in the Company’s billing software. Responsible for daily entries into the patient database system to reflect receipt of payment, to log a collection problem for follow-up or to notify Patient Collections of a remittance made directly to patient. Maintain a thorough understanding of billing and collection processes and report any concerns or problems evident to appropriate staff. Responsible for performing all job duties while adhering to HIPAA requirements. Accountabilities & Responsibilities: - Accurately post payments to patient accounts via Explanation of Benefits and Remittance Advices received from third party payers - Reconcile daily cash journal to bank records - Schedule collection follow-up tasks within department as necessary from insurance remittances - Ensure deposit and payment re...