Patient Collections Coordinator at CVS Health

Monroeville, Pennsylvania, United States

CVS Health Logo
Not SpecifiedCompensation
Entry Level & New GradExperience Level
Full TimeJob Type
UnknownVisa
Healthcare, PharmacyIndustries

Requirements

  • 1+ years of Healthcare related experience
  • Experience using Microsoft Office products specifically Excel, Outlook, and Word
  • Must be able to commute to the Monroeville, PA office
  • Verifiable High School Diploma or GED required

Responsibilities

  • Follow-up with the patient/guarantor on open invoices associated with the dispensing of prescription medication via telephone, Internet, and in writing
  • Resolve issues with nonpayment of invoices due to insurance problems and patient issues that may have resulted from incorrect or incomplete information, therapy changes and pharmacy or shipping errors
  • Maintain supporting chronological notes that detail action taken to resolve outstanding account balances
  • Maintain patient demographic information and data collection systems, including all billing or collection reports or queues while remaining in accordance with company policy guidelines
  • Contact patient/guarantor and Physician’s offices as well as insurance companies as needed in order to expedite claims processing
  • Ensure timely and accurate account payment for outstanding balances while demonstrating excellent customer service to patients, healthcare professionals and insurance carriers
  • Collect payments and schedule payments
  • Review resident’s statement of account for accuracy of charges and proper account handling

Skills

Key technologies and capabilities for this role

Patient CollectionsAccount Follow-upCustomer ServicePayment CollectionInvoice ResolutionInsurance ProcessingTelephone CommunicationAccount Reconciliation

Questions & Answers

Common questions about this position

Is this a remote position or do I need to work in an office?

This is not a remote position; you must be able to commute to the Monroeville, PA office.

What are the required qualifications for this role?

Candidates need 1+ years of healthcare related experience and experience using Microsoft Office products, specifically Excel, Outlook, and Word.

What is the salary for the Patient Collections Coordinator position?

This information is not specified in the job description.

What is the work environment like at CVS Health Specialty Pharmacy?

The role is in a customer service oriented, fast paced, and team focused environment with collaborative team support, tools, and resources provided.

What makes a strong candidate for this Patient Collections Coordinator role?

Strong candidates have insurance or patient collections experience, customer service in healthcare, experience in healthcare reimbursement systems, effective team skills, attention to detail, analytical skills, and the ability to multitask and prioritize.

CVS Health

Comprehensive pharmacy and healthcare services

About CVS Health

CVS Health operates a large network of retail pharmacies and walk-in medical clinics across the United States, providing a variety of health-related products and services. Their offerings include prescription medications, over-the-counter health products, and beauty items, as well as pharmacy benefits management and specialty pharmacy services. CVS Health's integrated business model allows them to serve individual consumers, businesses, and communities effectively, with a focus on improving health outcomes and reducing healthcare costs. Unlike many competitors, CVS Health combines pharmacy services with medical care, making it easier for patients to access quality healthcare. The company's goal is to enhance access to healthcare and support individuals in achieving better health.

Woonsocket, Rhode IslandHeadquarters
1963Year Founded
DEBTCompany Stage
Healthcare, Consumer GoodsIndustries
10,001+Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
401(k) Retirement Plan
Company Equity
Wellness Program
Professional Development Budget
Paid Vacation
Paid Holidays

Risks

Legal challenges related to opioid prescriptions could harm CVS's reputation and finances.
The DOJ's intervention in a whistleblower lawsuit may increase legal costs for CVS.
The Horizon Organic Milk recall exposes potential vulnerabilities in CVS's supply chain.

Differentiation

CVS Health operates over 9,600 retail pharmacies and 1,100 walk-in clinics nationwide.
The company integrates pharmacy benefits management with specialty pharmacy services for comprehensive care.
CVS Health offers tailored medication plans through personalized medicine and pharmacogenomics.

Upsides

Expansion of telehealth services allows CVS to reach more patients remotely.
Increased consumer interest in wellness boosts demand for CVS's health-related products.
The trend towards value-based care aligns with CVS's integrated healthcare approach.

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