Medical Collections Specialist in Chicago, IL

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 patientsWorking on accounts receivable and providing detailed reports to managementBilling unpaid claimsOrganizing, researching and preparing appealsProviding correspondence and appeal denials and follow-up on appeals in process

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Salary for Medical Collections Specialist in Chicago, IL
44225 - 58865
25th percentile
44225
The candidate is new to the role and building the needed skills, experience and autonomy.
50th percentile
50020
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
58865
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 103090 133895 158905 Medical Collections Manager/Supervisor 75030 91805 106750 Medical Billing Manager/Supervisor 73200 90585 102480 Medical Biller 45750 50935 59170 Revenue Cycle Analyst – Healthcare 61000 78080 89060 Denials Specialist – Healthcare 45445 52460 61305 Payment Poster – Healthcare 44835 50935 56425 Charge Entry Clerk – Healthcare 44530 49410 55510 Claims Examiner Analyst – Healthcare 57340 70455 82350 Claims Processor – Healthcare 44225 49410 57035
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