Billing and Collections Specialist (Remote)
💰 $41,600 – $52,000/yr
Job Description
About Understood Care
Understood Care was founded by clinicians, patient advocates, and healthcare leaders to make healthcare simpler, safer, and more supportive for older adults. We provide Medicare-covered patient advocacy services and work exclusively for our clients, not hospitals or insurance companies. Each client is paired with a dedicated advocate who helps them navigate care, reduce costs when possible, and make confident healthcare decisions because healthcare should feel human.
Position Overview
Understood Care is seeking a detail-oriented and results-driven Billing and Collections Specialist for a 3-month contract position. This remote role focuses primarily on billing operations, claims follow-up, and collections to ensure accurate and timely reimbursement. The ideal candidate is organized, proactive, and experienced in managing billing workflows and resolving outstanding balances efficiently. You'll play a critical role in supporting our healthcare operations and ensuring proper revenue cycle management.
Key Responsibilities
Billing & Claims Management
- Submit and track claims accurately and in a timely manner to insurance providers
- Monitor claim status and proactively follow up on unpaid or denied claims
- Identify billing discrepancies and support resolution efforts with payers
- Ensure accurate documentation and compliance with payer requirements and regulations
- Maintain detailed records of all billing transactions and claim submissions
Collections & Reimbursement
- Manage accounts receivable and follow up on outstanding balances systematically
- Communicate professionally with patients and insurance representatives regarding payment status
- Process payments and reconcile accounts to ensure accuracy
- Generate collections reports and provide regular updates on recovery status
Administrative & Operational Support
- Utilize billing software and healthcare management systems to process claims and track reimbursements
- Maintain organized filing systems (digital and physical) for billing documentation
- Collaborate with the clinical and operations teams to resolve billing-related issues
- Support month-end reconciliation and reporting activities
What We're Looking For
Required Skills & Qualifications:
- Proven experience in medical billing, collections, or healthcare revenue cycle management
- Strong understanding of insurance claims processes, Medicare billing, and healthcare compliance
- Excellent organizational and time-management skills with attention to detail
- Proficiency with billing software, electronic health records (EHR) systems, and MS Office Suite
- Strong written and verbal communication skills
- Ability to work independently in a remote environment and manage multiple priorities
- Professional approach to sensitive financial information and patient data
Preferred Qualifications:
- Experience with Medicare billing and claims processing
- Knowledge of healthcare compliance regulations (HIPAA, etc.)
- Familiarity with patient advocacy or healthcare services
- Medical coding background or billing certification
Why Join Understood Care?
You'll be part of a mission-driven organization that's transforming patient advocacy. Work remotely with a team of clinicians and healthcare leaders committed to making a real difference in seniors' lives. This contract position offers flexibility, meaningful work, and the opportunity to contribute to a growing healthcare company.
Employment Type: 3-Month Contract
Work Location: Remote (Work from anywhere)
Compensation: $20–$25 per hour (based on experience)
💰 This is a 3-month contract position paying $20–$25/hour. For full-time equivalent annual estimates: Market estimate for similar billing specialist roles ranges from $80K–$130K USD/year, varying by experience, location, and employment type.