Collection team lead vs collections manager

Differences between collection team lead and collections manager duties and responsibilities

Collection team lead example responsibilities.

• Manage re-billings for third party accounts including: commercial carriers, manage care, PPO, POS and HMO organizations.
• Receive and distribute ACH forms receive form all lots.
• Assist consumers in money and behavior managements and ensures HIPAA compliance
• Collect monies from Medicaid, Medicare, VA and various other third party payers.
• Perform insurance follow up on account receivables of Medicare, Medicaid and private health insurance claims to expedite claim reimbursement.
• Negotiate payments resolutions for delinquent customers to become current while using professionalism, and adhering to all applicable FDCPA collection laws.
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Collections manager example responsibilities.

• Achieve 182 FTE save, and annual net saving of $2.8MM
• Manage Medicaid accounts in effort to receive payment from them.
• Manage self pay and Medicaid pending collections throughout the southeast region.
• Organize the managed care effort to ensure that patients are not accept from incorrect PPO's and HMO's.
• Create and implement new quantitative process to achieve corporate DSO targets that determines monthly cash collection targets by business unit.
• Achieve historical low of six percent in A/R over 30 days past due and reduction of DSO to 53 days.
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