Medical Collections Specialist

Medical Collections Specialist Job Description

Medical collections specialists must be detail-oriented multitaskers who work well under pressure. They should also have strong interpersonal and communication skills and a proven record of providing excellent customer service. Knowledge of EOB forms for collections purposes and of the appeals process for healthcare claims is required. Organizations typically look for candidates with at least five years of experience in collections at healthcare providers.

Typical medical collections specialist duties:

Contacting insurance companies and patients

Working on accounts receivable and providing detailed reports to management

Billing unpaid claims

Organizing, researching and preparing appeals

Providing correspondence and appeal denials and follow-up on appeals in process

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Salary for Medical Collections Specialist

36250 - 48250

25th percentile

36250

The candidate is new to the role and building the needed skills, experience and autonomy.

50th percentile

41000

The candidate has the experience to perform core responsibilities without direct supervision and is comfortable with the role’s processes and subject matter.

75th percentile

48250

The candidate delivers value beyond the stated job duties, has advanced qualifications and experience, and is ready for the next career level.

Projected salaries for related positions

Position title

25th percentile

50th percentile

75th percentile

Revenue Cycle Director – Healthcare

84500

109750

130250