Account Receivable Specialist at Baxter International

Houston, Texas, United States

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Not SpecifiedCompensation

Junior (1 to 2 years), Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Healthcare, Medical Devices, DiagnosticsIndustries

Requirements

High school diploma or equivalent
Experience with medical collections and/or billing
Strong written, verbal, and interpersonal communications
Strong attention to detail
Ability to work independently, multi-task, and organize/prioritize workload
Strong critical thinking and problem-solving skills
Ability to develop and maintain positive working relationships
Proficiency with Microsoft Office Software
Billing database software experience preferred

Responsibilities

Perform collections activities on all outstanding claims for assigned payers (Commercial and/or Medicaid)
Demonstrate a basic understanding of compliance policies for Baxter, including commercial and government payers
Understand and consistently contribute to team goals, as well as how they support greater organizational goals
Enter and work all denials received from assigned payers within specified timeframe
Create, submit, and follow through on appeals for assigned payers
Research and reconcile credit balances on accounts
Process corrected claims and/or rebills to assigned payers as needed
Process adjustments following the established policy and procedures
Document and follow up on explanations of benefits (EOBs)
Identify and articulate trending payer issues and notify appropriate leaders in a timely manner
Provide quality customer service, with the ability to speak knowledgably to payers, patients, and other stakeholders
Ability to verify benefits and understand coverage criteria
Demonstrate a basic understanding of the business model
Understand and follow department policies, procedures, work instructions, job aids, and standard work requirements
Maintain regular, positive communication with colleagues, business partners, and stakeholders

Skills

Accounts Receivable

Collections

Medicaid Payers

Commercial Payers

Billing

AR Management

Payer Relations

Healthcare Finance

Baxter International

Provides essential medical products and services

About Baxter International

Baxter International provides a wide range of medical products and services essential for healthcare. The company operates in several areas, including critical care, hospital care, nutritional care, renal care, and surgical care. Its products are used in various settings, from emergency rooms to home healthcare, helping to meet the needs of patients and healthcare professionals. Baxter develops, manufactures, and distributes medical devices, pharmaceuticals, and biotechnology products, generating revenue through sales to healthcare providers and institutions. A key aspect that sets Baxter apart from competitors is its recent acquisition of Hillrom, which enhances its ability to offer comprehensive healthcare solutions. The company's goal is to improve care outcomes and increase access to healthcare through continuous innovation and a focus on patient needs.

Deerfield, IllinoisHeadquarters

1931Year Founded

IPOCompany Stage

Biotechnology, HealthcareIndustries

10,001+Employees

Benefits

Health Insurance

Dental Insurance

Life Insurance

Disability Insurance

Health Savings Account/Flexible Spending Account

Unlimited Paid Time Off

Paid Vacation

Paid Parental Leave

401(k) Retirement Plan

401(k) Company Match

Employee Stock Purchase Plan

Commuter Benefits

Mental Health Support

Risks

Needle-free injection technology could disrupt Baxter's traditional injection-based therapies.

Shift to home healthcare may require Baxter to adapt its product offerings.

Growing digital health importance necessitates further investment from Baxter to stay competitive.

Differentiation

Baxter's acquisition of Hillrom enhances its comprehensive healthcare solutions portfolio.

Strong focus on patient-centric innovation sets Baxter apart in the healthcare industry.

Baxter's partnerships, like with Ayogo, leverage digital health for improved patient outcomes.

Upsides

Baxter's investment in Medically Home aligns with the growing home healthcare market.

Rising demand for personalized medicine offers Baxter opportunities for targeted therapies.

Expansion in telehealth supports Baxter's integrated healthcare solutions strategy.

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