Financial Analyst Insurance and Billing Position Control Number: FA-24-920-01 - U M FDSP Associates PA

U.M. FDSP Associates is a non-profit affiliate of the University of Maryland School of Dentistry. U.M. FDSP Associates is the organization that provides patient care focused staffing for the clinic operations so that faculty and students may provide patient care to the general public.

SUMMARY:

Under general supervision, performs tasks related to the collection and final resolution of receivables. Also, may have responsibilities for Medical Records distribution and credit balance refunds.

We offer paid vacation, sick leave, personal days, and 12 Federal paid holidays. Additionally, we offer medical, dental, vision, short term disability, long term disability, and life insurance benefits. We also offer 401K with an employer match up to six percent. Hours of operation are Monday thru Friday with no weekends.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

Enter information necessary for insurance claims such as patient name, insurance ID, diagnosis and treatment codes and modifiers, and provider information. Ensures claim information is complete and accurate including but not limited to:

1. Contacts debtors and communicates need for payment and consequences of non-payment.

2. Discusses account information with responsible parties to effect collection of amounts due to the institution.

3. Analyzes accounts to determine accuracy; initiates adjustments to penalty charges when warranted; contacts appropriate department, agency or institution to verify validity of questionable transactions.

4. Provides financial information regarding payment responsibilities and options for payments on accounts.

5. Responds to incoming correspondence.

6. Keys information into the accounts receivable system and is responsible for maintaining audit trails.

7. Gathers information and prepares documentation to refer accounts to the collection agency.

8. Research addresses and telephone numbers using available collection tools and resources.

9. Morning upload for credit card payments

10. Refund credit balance to patients

11. Other duties as assigned.

Note: The intent of this list of primary duties is to provide a representative summary of the major duties and responsibilities of this job. Incumbents perform other related duties assigned. Specific duties and responsibilities may vary based upon departmental needs.

EDUCATION and/or EXPERIENCE:

High school diploma or general education degree (GED). At least one year insurance experience. Preferred that candidate has strong background in Excel and IT data experience.

This job description is designed to give an outline of what job duties are expected of this position. As an outline it does not fully describe or limit the extent of the position’s duties. UM FDSP Associates P.A. and its supervisors may amend the job description as it deems necessary, without advance notice. The job description is not intended to create an employment contract and should not be construed as such.