Collection team lead vs loss mitigation specialist

Differences between collection team lead and loss mitigation specialist 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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Loss mitigation specialist example responsibilities.

• Manage internal team SharePoint and document repository.
• Document accurate loss mitigation reviews and foreclosure details via MSP.
• Submit Medicare claims through DDE.
• Deal with Nielsen and Rentrak to monitor advertiser ad ratings
• Check accounts for accuracy according to Medicare HMO guidelines.
• Resolve customer disputes and prepare adjustments to A/R when necessary.
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