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Sr. Collections Specialist - Pharmacy - Lakeland
Lakeland, FLPosted 1 weeks ago
onsite
Job Description
The Senior Collections Specialist – Pharmacy focus on collections, auditing, and analyzing Pharmacy sales both on the General Ledger (GL) and store profit & loss (P&L), 3rd Party Insurance Carrier Pharmacy Receivable, Pharmacy write-offs, and Pharmacy Accounts Payable accounts, to ensure that all money is accounted for and being collected from the insurance carriers, pharmacy benefits management (PBM) companies to reduce days sales outstanding (DSO) and prevent write-offs.
Responsibilities include:
Responsibilities include:
- Managing and improving the aging report on unpaid pharmacy claims, collecting money for all pharmacy 3rd party sales receivables, as well as designing and implementing internal controls to support new business initiatives
- Analyzing and preparing routine and ad-hoc reporting identifying operational fluctuations in account balances and/or transactional data within the various Pharmacy systems to ensure accuracy and enable sound, fact-based decisions related to the Pharmacy 3rd Party Sales account
- Understanding and complying with Health Insurance Portability and Accountability Act of 1996 (HIPAA) and Sarbanes-Oxley section 404 (SOX 404)