Logo
Coloplast

Reimbursement Specialist

Coloplast, Minneapolis, Minnesota, United States, 55400

Save Job

Job Function Summary Comfort Medical, a wholly owned subsidiary of Coloplast, is seeking a Reimbursement Specialist to join our team. This role is responsible for ensuring the timely and accurate resolution of accounts receivable through effective claims processing, cash collections, and appropriate write‑offs. The ideal candidate will demonstrate a strong understanding of medical billing, insurance verification, and payment posting. They will be capable of independently investigating and correcting claim denials, resubmitting claims, and processing appeals. This position requires a high level of attention to detail, excellent organizational skills, and the ability to collaborate across departments.

Major Areas of Accountability

Review, correct, and process claims for all payers, both electronically and manually

Investigate and resolve claim denials, making corrections as needed

Apply accurate contractual adjustments to resolve outstanding balances

Respond to billing inquiries from patients and insurance representatives professionally and promptly

Reconcile patient collections and deposits

Identify and report denial trends; propose solutions to reduce future denials

Process refund requests and ensure compliance with payer guidelines

Maintain accurate and detailed documentation within patient account

Process appeals, including online and paper submissions

Submit outstanding accounts receivable daily per company protocol

Work claims exceptions (ERL rejections) through the clearinghouse each day

Interpret Accounts Receivable and apply correct adjustments in accordance with accounting principles

Provide outstanding service to patients, internal teams, and third‑party payers

Review and resolve aged held billing issues (e.g., sales orders not auto‑confirming due to errors)

Collaborate effectively across departments to gather and share necessary data

Adapt to changes in a fast‑paced, evolving work environment

Position may require occasional cross‑departmental support, including insurance verification and payment posting

Comply with all HIPAA, legal, and ethical standards, including the Advanced Code of Ethics and company policies

Occasionally, employees recognized as high performers may be asked to engage in overtime. (Major job functions)

Other job duties as assigned

Basic Qualifications

High school diploma or equivalent

Minimum of 3 years’ experience in collections

At least 1 year of experience in healthcare billing, insurance verification, or government medical programs (DME experience preferred)

Strong knowledge of medical terminology and healthcare reimbursement processes

Proficiency in reading and interpreting claim rejections and EOBs (Explanation of Benefits)

Solid negotiation skills and proven track record in collections (Minimum qualifications of experience, degrees, etc.)

Preferred Qualifications

Experience in DME (Durable Medical Equipment) billing and collections

Bilingual in Spanish and English

Brightree Software

Benefits At Coloplast, we believe in recognizing and rewarding the contributions of our employees. Our total rewards package is designed to support your well‑being, foster your professional growth, and ensure a healthy work‑life balance. Here is some of what you can expect:

Health and Wellness : Comprehensive medical, dental, and vision insurance plans to keep you and your family healthy. Plus, access to company‑sponsored wellness programs and mental health resources, paid leave of absence for qualifying events and generous paid parental leave for both birthing and non‑birthing parents.

Financial Security : A competitive 401(k) plan with company match that vests immediately, financial planning services to help you secure your future, and corporate discount programs for goods and services.

Work‑Life Balance : Generous paid time off, flexible work hours, and flexible work arrangement options to help you balance your personal and professional life may be available.

Professional Development : Opportunities for continuous learning and career advancement through training programs, mentorship, and tuition reimbursement.

Recognition and Rewards : Recognition programs to celebrate achievements and contributions, including peer recognition, bonuses, awards, and special events.

Community and Culture : A supportive work environment where everyone feels valued, and has a sense of belonging. Participate in team‑building activities, volunteer opportunities, and company‑sponsored events. Sustainability strategy that outlines our ambitions for how to run our company in a more sustainable way.

Competitive Compensation : The starting hourly rate for this position is $23.53. Hired candidates may be eligible to receive additional compensation for applicable experience and may also be eligible for bonuses and/or incentives. Actual compensation is influenced by a variety of factors including but not limited to skills, experience, qualifications, and geographic location.

Comfort Medical is committed to a policy of Equal Employment Opportunity (EEO) which means we employ and promote individuals based on their merits, regardless of race, color, religion, sex, national origin, age, disability, veteran status, pregnancy, sexual orientation, gender identity or expression, genetic information, marital status, citizenship status, status with regards to public assistance or any other protected classification.

#J-18808-Ljbffr