Medical Insurance Collector at Abbott Laboratories

Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 114,000 colleagues serve people in more than 160 countries.

Job Title

Medical Insurance Collector

Working at Abbott

At Abbott, you can do work that matters, grow, and learn, care for yourself and your family, be your true self, and live a full life. You’ll also have access to:

• Career development with an international company where you can grow the career you dream of.
• Free medical coverage for employees* via the Health Investment Plan (HIP) PPO
• An excellent retirement savings plan with a high employer contribution
• Tuition reimbursement, the Freedom 2 Save student debt program, and FreeU education benefit - an affordable and convenient path to getting a bachelor’s degree.
• A company recognized as a great place to work in dozens of countries worldwide and named one of the most admired companies in the world by Fortune.
• A company that is recognized as one of the best big companies to work for as well as the best place to work for diversity, working mothers, female executives, and scientists.

The Opportunity

This position works out of our Orlando, FL location in the Abbott Heart Failure, Acelis Connected Health business.  Our Heart Failure solutions are helping address some of the World’s greatest healthcare challenges. As the Medical Billing Specialist II, you’ll have the chance to process accounts payable vendor invoices and check requests. Make cash disbursements in a timely and accurate manner.

The Medical Insurance Collector is responsible for facilitating the daily management of billing, accounts receivable and overseeing the collection efforts for the Continuum business. The position requires the development and standardization of procedures for new payers and for the collection of co-payments from clients. In addition, this position provides analysis and reporting of collection metrics such as critical aging trends and works with clients to establish the need for financial assistance as necessary.

What You’ll Work On

• Follow work list prioritization of accounts as established by department policies and procedures.
• Responsible for all aspects of follow-up on accounts, including contacting payers and patients when necessary and accessing payer websites.
• Accurately document accounts collection notes.
• Responsible for processing appeals and researching claims.
• Follow specific payer guidelines for appeals submission.
• Prioritize and manage accounts to resolve high priority-high dollar accounts and detnorization of aging.
• Complete AR adjustments where appropriate.
• Demonstrates knowledge of government payers guidelines (Medicare/Medicaid).
• Comply with and adhere to all regulatory compliance areas, policies, and procedures (including HIPAA and PCI compliance requirements).
• Regular attendance and punctuality.
• Performs any other function as required by management.
• Represent the company and team professionally and positively.
• Meet and exceed daily and monthly production goals.
• Effective communications with staff and management.

Required Qualifications

• A high school diploma or equivalent.
• An associate degree in business with some accounting or finance courses is preferred.  

Preferred Qualifications

• A minimum of two years’ experience in an accounting department.
• Ability to process numerical data quickly and accurately.
• Ability to organize time and prioritize work.
• Computer skills in database and spreadsheet software. Ability to use a ten-key calculator.

Apply Now

* Participants who complete a short wellness assessment qualify for FREE coverage in our HIP PPO medical plan. Free coverage applies in the next calendar year.

Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives:  www.abbottbenefits.com

Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life. Abbott is an Equal Opportunity Employer, committed to employee diversity.

Connect with us at www.abbott.com, on Facebook at www.facebook.com/Abbott and on Twitter @AbbottNews and @AbbottGlobal.

The base pay for this position is $16.55 – $33.15 per hour. In specific locations, the pay range may vary from the range posted.