Commercial collector vs accounts receivable analyst

Differences between commercial collector and accounts receivable analyst duties and responsibilities

Commercial collector example responsibilities.

• Interpret manage care contracts and/or Medicare and Medicaid rules and regulations to ensure proper reimbursement/collection.
• Prevent impeding loss and increasing profitability through negotiation and enforcement of schedule collection campaigns, consistently achieving high success standards.
• Follow the guidelines set by FDCPA
• Adhere to FDCPA, state, and federal commercial laws.
• Escalate issues with internal business partners for quick resolution to ensure customer satisfaction to maintain health of portfolio against assign metrics.
• Collect and record deposits and initiate and/or approve ACH distributions.
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Accounts receivable analyst example responsibilities.

• Manage profitable accounts receivable ledgers for existing and new clientele maintaining accuracy of monies enter to appropriate relate account.
• Perform and analyze all accounts receivable duties, including proper application of cash, check, ACH, and wire transactions.
• Forecast estimate check clearing, deposits, ACH activities and other variables in order to set guidelines for daily cash position.
• Verify benefits and eligibility for new patients.
• Determine medical benefits base on contractual agreements assuring benefits are applied correctly for patients during claims processing.
• Code invoices, research customer information, perform detail reconciliations, analyze exceptions with customer information and billing.
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