Associate Analyst, Accounts Receivable Management

Job Name: Associate Analyst, Accounts Receivable Management
Name of the Company: McKesson Corporation
Location: Cary, NC
Salary range: $23.06 – $38.43 hourly

Position Description

McKesson Corporation is hiring an experienced Associate Analyst, Accounts Receivable Management for their Cary, NC location. As a Fortune 10 company, McKesson is committed to delivering impactful insight, product, and services that make quality healthcare accessible and affordable. The company is known to foster a culture of growth and innovation, empowering their employees to bring innovative ideas to the table.

In this role, the associate analyst will handle all aspects of pharmacy accounts receivable and assist in the resolution-oriented collection and follow-up activity, past-due account analysis and reconciliation, claim submission, denial, and credit balance management. The Analyst will also oversee and guide a team of A/R specialists responsible for analyzing and collecting outstanding receivables, ensuring accurate reimbursement, and minimizing aging of receivables.

Responsibilities

– Manage high volume collections and follow-up activity by analyzing and resolving issues in line with department collection metrics and timeliness standards
– Identify key stakeholders in payer communities to drive effective processes
– Guide team to reduce AR aging and optimize collections
– Respond to process-related queries and manage 1st level escalations
– Prioritize and manage outstanding refund requests and overpayments to support contractual and legal adherence with payers including Medicare and Medicaid
– Investigate collection issues internally and provide representation as needed for the Accounts Receivable area to internal departments
– Prepare and present recommendations for issue resolution to the supervisor, based on the best practices and expertise, leading solution implementation
– Participate in new pilot projects and work towards proper knowledge transition to the team
– Train new hires and encourage good A/R follow-up skills and work ethic

Qualifications

– Minimum of two (2) years of experience in high-volume billing and collection of Pharmacy and/or Medical accounts receivable, third-party payer, and CMS policy and regulations
– Capability to analyze EOBs and remittance advice and conduct in-depth research of claims and outstanding balances
– Capacity to identify root cause and resolve trends and issues with minimal supervision
– Autonomous, proactive, and minimal supervision required
– Ability to handle multiple responsibilities simultaneously
– Excellent verbal and written communication skills
– Extremely high level of attention to detail
– Strong analytical background
– Knowledge of general accounting principles and strong proficiency in Microsoft Office Suite (Outlook, Excel, Word, PowerPoint, Teams, and Sharepoint)
– Prior experience in a medical environment or pharmacy environment, working with patients and third-party insurance companies on behalf of patients

Salary:
$23.06 – $38.43 hourly

Join the McKesson team and take part in shaping the future of healthcare!