Want Job Alerts? Join UsOptum Recruitment 2025 Hiring Freshers Details:
About Company: Optum is a global organization that delivers care, aided by technology to help millions of people live healthier lives. The work you do with our team will directly improve health outcomes by connecting people with the care, pharmacy benefits, data and resources they need to feel their best. Here, you will find a culture guided by diversity and inclusion, talented peers, comprehensive benefits and career development opportunities. Come make an impact on the communities we serve as you help us advance health equity on a global scale. Join us to start Caring. Connecting. Growing together.
Job Profile: Associate Collections Representative
Degree Required: Any Degree
Experience Required: Freshers
Salary/CTC: Best in Industry
Work Location: Hyderabad
Job Description:
The AR Associate is responsible for the accounts receivable aspects of the client-focused revenue cycle operations and must display in-depth knowledge of and execute all standard operating procedures (SOPs) as well as communicating issues, trends, concerns and suggestions to leadership.
Primary Responsibilities:
- Review outstanding insurance balances to identify and resolve issues preventing finalization of claim payment; including coordinating with payers, patients and clients when appropriate
- Analyze and trend data, recommending solutions to improve first pass denial rates and reduce age of overall AR
- Accounts Receivable Specialist that has an “understanding” of the whole accounting cycle / claim life cycle
- Ensure all workflow items are completed within the set turn-around-time within quality expectations
- Able to analyze EOBs and denials at a claim level in addition they should find trends impacting dollar and #’s, leading to process improvements
- Perform other duties as assigned
- Comply with the terms and conditions of the employment contract, company policies and procedures, and any and all directives (such as, but not limited to, transfer and/or re-assignment to different work locations, change in teams and/or work shifts, policies in regards to flexibility of work benefits and/or work environment, alternative work arrangements, and other decisions that may arise due to the changing business environment). The Company may adopt, vary or rescind these policies and directives in its absolute discretion and without any limitation (implied or otherwise) on its ability to do so
Required Qualifications:
- Graduate (BE/B.Tech are not eligible)
- Solid knowledge and use of the American English language skills with neutral accent
- Functional knowledge of HIPAA rules and regulations and experience related to privacy laws, access and release of information
- In-depth working knowledge of the various applications associated with the workflows
- Proficient in MS Office software; particularly Excel and Outlook
- Proven ability to communicate effectively with all internal and external clients
- Proven ability to use good judgment and critical thinking skills; ability to identify and resolve problems
- Proven to be efficient and accurate keyboard/typing skills
- Proven to possess a solid work ethic and a high level of professionalism with a commitment to client/patient satisfaction.
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Note: Shortlisted candidates will receive an email/call for the further interview process.