- There are not enough physicians/providers to meet the current demand and many new insured people will be looking for care in 2014.
- Filing insurance is not the only way anymore. Today you can choose from a number of direct-pay options that allow the practice to rely less (or not at all) on insurance payments.
- Fractional Practice Administrators are available to assist new practices get started right and stay on the right track. Once you get started, an FPA may only be needed one hour a week.
- Software is available at a low cost and sometimes even no cost. The cost of an EMR/EHR is no longer a barrier to the private physician, Physician Assistant (PA) or Nurse Practitioner (NP.)
- Hiring remote employees means you can have your pick of qualified staff and often they are willing to work for less for the perk (and savings) of working at home.
- Time-share offices are available and retail space, no longer the sign of a low-class practice, could fit you perfectly – good parking, good foot traffic, good signage. There is lots of business space to choose from almost in most communities.
- Attaining a retiring physician’s practice does not need to be the costly proposition it used to be. Many retiring physicians are looking for someone to take responsibility for their charts and the phone calls.
- Moonlighting physician jobs are plentiful and a good way to bolster income while the practice stabilizes.
- Many large physician networks accept affiliated practices that can share in the negotiated contract rates for a fee.
- Micropractices are a type of “popup” business. Physicians can choose to work without nurses and receptionists, further limiting their overhead by leasing space from another doctor or timeshare office.
- Social media takes time, but little to no money. With a little guidance, you can do it yourself.
Top job interview materials
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Monday, December 3, 2012
Here are the reasons why:
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Account receivable specialist in Medical billing – tips
The AR Representative should have strong interpersonal & communication skills and should be able to make the Insurance Representatives feel comfortable and also should make the call easy going. Any information, which could help us find the solution for an issue, should be obtained over the call.
Working on Underpaid Claims
When do we call patients?
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Oracle Interview Questions Answers
This app is unique in that it helps you master the most commonly asked questions, instilling you with the confidence that you need to endure the most difficult of interviews.
Features:
1. 1000+ questions that prepare you for any type of interview on Oracle.
2. Provide an option for user to practice his/her own answers as your application will present your with question. User can think of his answer then compare how his answer is different from our answer.
3. Interview Questions has been categories for ease of use.
4. The Application Covers a wide range of questions related to oracle. You may not be interested in all of them so please select the Categories in which you are interested.
Categories:
Application Cover questions from Following 22 broad Categories.
1. Database Administration
2. Oracle Database Architecture
3. Database Security Oracle
4. Oracle Distributed Processing
5. Oracle Flexfield
6. Oracle Memory Management
7. Oracle Accounts Receivable (AR)
8. Oracle Backup and Recovery
9. Oracle Basic
10. Oracle D2K
11. Oracle Data Access
12. Oracle Database (main)
13. Oracle DBA
14. Oracle Developer
15. Oracle ETL
16. Oracle General Ledger (GL)
17. Oracle PL-SQL
18. Oracle Programmatic Constructs
19. Oracle Scenarios
20. Oracle Security
21. Oracle Technology Network (OTN)
22. SQL Plus
SAMPLE QUESTIONS
Q. ) Explain When can hash cluster used?
Ans: Hash clusters are useful in cases where :
(i) There is a uniform, even and predictable no. of key values.
(ii) Queries using equality predicates.
(iii) The table is NOT growing constantly, and the keys are rarely updated.
Q.) What Is the Difference between Formal Parameters and Actual Parameters?
Ans : Formal parameter and actual parameter are two different terms related parameters used in the procedures and functions:
A formal parameter is a term used to refer to a parameter defined in the procedure or function declaration statement.
An actual parameter is a term used to refer to a parameter provided by the calling statement to a procedure or a function.
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Standard Interview Questions for bookkeeping position with answers
How does the customer invoicing relate to the accounts receivable?
This is another of the basic questions that are asked to a standard book keeper. Though even a layman can glib an answer to this one, only the well educated and qualified book keeper can give a stable and authentic answer to this question. So, make sure that you do your homework well before you opt for a bookmaker’s interview.
What is an Asset? What is a Liability?
This is another question that aims at finding out whether you slept through your accountancy class or did you actually learn something. An asset and liability are terms that form the base of the world of accountancy.
Briefly define a journal entry.
Again, this is a basic question that can be asked to a standard book keeper. These questions are generally aimed at finding out your knowledge and capabilities. Good news is that the answers to questions like this will be a reflex if you have actually paid attention in accountancy class and were serious in your studies.
Experience and educational qualifications
The further questions for a standard book keeper will involve finding out about their experience in the profession. If the book keeper is a novice, his or her educational qualifications will be gone through and authenticated before the interview goes anywhere ahead.
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Sunday, December 2, 2012
Overview of Accounts Receivable and Accounts Payable for Small Business
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Accounts receivable officer sample cover letter
I have over eight years of professional accounting experience, with specialisation in accounts receivable. I have experience in all aspects of accounts receivable, as well as general accounting knowledge and expertise. I also keep up-to-date with relevant tax and superannuation legislation.
Being an energetic person and quick learner, I thrive in busy and challenging environments. I work to tight deadlines and am renowned in my office for my accuracy and ability to resolve reconciliation discrepancies. I have made a number of recommendations to improve our existing system that have helped to make our processes smoother and more efficient.
I have a solid education in accounting, with a Bachelor of Accounting as well as a Certificate IV in Financial Services (Accounting). I am also adept in essential computer software, including MYOB, Excel, Word and Quickbooks.
In addition to my varied and extensive accounting experience, I pride myself on my strong work ethic and attention to detail – qualities which I demonstrated during my time at Effervescence Industries, where I was commended and rewarded for my diligence and discovery of misappropriated funds.
I am therefore keen to make a contribution and apply my skills, while building on my experience and learning and growing with the team.
My resume is attached and I look forward to being able to discuss the position with you further.
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Fifteen Questions to Ask at a Job Interview
- Can you tell me a little about yourself? A confident applicant can give a brief summary of his or her strengths, significant achievements, and career goals.
- What interests you about this job, and what skills and strengths can you bring to it? Stronger candidates should be able to correlate their skills with specific job requirements.
- Can you tell me a little about your current job? Strong candidates should be able to give you a short and precise summary of duties and responsibilities.
- In a way that anyone could understand, can you describe a professional success you are proud of? The answer shows the applicant’s ability to explain what he or she does clearly.
- How have you changed the nature of your current job? A convincing answer here shows adaptability and a willingness to “take the bull by the horns,” if necessary.
- What was the most difficult decision you ever had to make on the job? The answer to this question tells you the person’s decision-making style and how it fits into your company culture.
- Why did you decide to pursue a new job? This question is just a different way of asking, “What are you looking for in a job?”
- Why did you leave your last job, and what have you been doing since then? It isn’t really unusual for highly competent people to find themselves unemployed through no fault of their own. Try to get specific, factual answers that you can verify later.
- Who was your best boss ever and why? Who was the worst, and looking back, what could you have done to make that relationship better? These answers give you insight into how the candidate views and responds to supervision.
- Which do you enjoy the most: working alone with information or working with other people?An excellent candidate might say the different perspectives within a group produce moreinnovative ideas than one person working alone can, but without information, a team can’t get very far.
- What sort of things do you think your current (past) company could do to be more successful? You’re probing to find out whether the candidate has a clear understanding of his or her current or past employer’s missions and goals and whether he or she thinks in terms of those goals.
- Can you describe a typical day at work in your last job? See how the applicant’s current (or most recent) routine compares with the requirements of the job in question.
- What sort of work environment do you prefer? What brings out your best performance?Probe for specifics. You want to find out whether this person is going to fit into your company.
- How do you handle conflict? Can you give me an example of how you handled a workplace conflict in the past? You want candidates who try to be reasonable but nonetheless stand up for what’s right.
- How would you respond if you were put in a situation you felt presented a conflict of interest or was unethical? Have you ever had this experience in previous positions? No rational candidate today is going to say that sometimes it’s okay to be unethical. But how individuals approach this question can offer valuable insights.
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Examples of Accounts Receivable Accomplishments for a Job
Increase Collection Speed
Reduce Bad Debt
Develop Team Members
Retain Customers
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Saturday, December 1, 2012
Calm and Cool In Traffic – Not On Your Driving Abstract
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Hiring process information for an interview at Steve Madden
Dress professionally to attend a Steve Madden job interview and make a good impression on human resources personnel. Demonstrate footwear knowledge and answer all interview questions with honesty, care, and brevity throughout the Steve Madden hiring process. Maintain eye contact with each interviewer during the Steve Madden interview process. Do not expect to learn hiring decisions during a Steve Madden job interview. Contact a Steve Madden personnel manager within two weeks of the final interview to learn of potential job offers.
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Finance Job Interview Questions And Answers
You never want to give canned responses with his position. Make sure that the finance job interview answers you give are relative to your own unique situations. But you also want to make sure that finance job interview questions to give will heighten your strong points in order to properly sell you to your prospective employer. Here are a few finance job interview questions and answers you can use as your how-to guide to get started.
Q. Tell me about your experience with accounts receivable.
A. Here is your chance to explain to your prospective employer your experience doing with accounts receivable. Dealing with accounts receivable will be a possible part of the finance job you are hoping to get. So it is very important for you to display competence when it comes to this. Make sure the answer you give will make you appear to be competent as well as efficient when dealing with such accounts.
Q. Explain for me any experience you had involving collections.
A. Sometimes you may not get the type of finance job that only requires you to manage the money of others, such as in accounting job. Sometimes you may have a type of financing job that will require you to go after others for collections on past due accounts. Your prospective employer may want to see that you have a sound strategy for doing this. Your prospective employer wants to see that you're able to handle collections in a way that would not reflect badly on the company. Make sure the response you give lines up with what I've just mentioned.
Q. What process do you go through to prepare a bill for services?
A. Once again when it comes to financing jobs there are various aspects you may have to deal with, which may not be what you are accustomed to. Preparing a bill for services is a very important aspect of certain finance jobs you will have. If you not have experience doing this, then you do not be afraid to admit it to the interview. It will only hurt you any and should you get the job and not be able to carry out the various tasks and duties required of you.
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Top Interview Questions for Medical Billing and Coding Jobs
Having a basic understanding of medical billing terms is important not only for medical coding but also for medical billing specialists. Make sure you can explain some of the more basic medical terms related to billing and coding as it relates to the billing process.
I would expect this question to be asked more for medical coding jobs.Certification in medical billing is a definite plus, but I haven’t seen that requirement for strictly medical billing jobs. Certification does show you are committed to your profession and meet certain minimum standards.
This would be one of the top interview questions for providers who have a lot of Medicare or Medicaid patients Government payers can be difficult and challenging to bill for. CMS has more paperwork, usually takes longer to pay, and can be frustrating to deal with. Providers who have a lot of Medicare patients will want to know your knowledge and experience of Medicare and ability to get problems resolved quickly.
The longer claims go unpaid, the less likely it is they will be paid. Getting denied or rejected claims corrected and re-submitted can be a lot of revenue to a provider. A prospective biller or coders effectiveness and experience here is very important to a practice's accounts receivables and likely one of the top interview questions.
The use of medical records software - also referred to to as EMR or EHR software - is increasingly important to providers. They may want the biller and/or coder to enter and maintain information in the EMR system. Employers value someone who is proficient in electronic medical records software and know how to use it. It can also be a valuable asset to the biller and coder in their job when verifying patient information and treatments for a claim. Many billing and practice management software programs are increasingly integrated or interface with the EMR system.
The ability to create and share documents, manage and upload files, and perform back-ups are skills that are helpful for medical billing and coding jobs. You would also want to mention any word processing (Microsoft Word) or spreadsheet (Excel) programs you have experience with.
Once you’ve learned on practice management or medical billing softwareprogram, it’s pretty easy to learn another. Most well written software is fairly intuitive to use. If you’ve only used on software, you might effectively make this point and emphasize your computer skills.
Sometimes there are format or compatibility problems when sending claims to a clearinghouse - especially when getting set up with them. There’s also a lot of paperwork and forms to fill out when you sign up a provider or practice. Most clearinghouses also provide valuable reporting features to help scrub and catch claim errors so they can be corrected before being sent to the insurance company. Being able to use these features and tools and being able
Many practices need to run reports from their practice management software that show their financial status and performance, outstanding claims, patient balances, etc. The ability to create and customize these reports is a definite advantage. Many times when meeting with a provider, they will express a desire to see certain information in a certain format. Of course sometimes the reporting functions of the software can’t produce exactly what they want. Buy knowing how to extract information out of the practice management software - or database - is very important for a provider.
Certain specialties have unique coding and billing requirements. For example some mental health specialties have limitations on the number of visits and require pre-authorizations. These have to be monitored so there are no surprises for either the patient or the provider.
This is pretty self explanatory and something more likely one of the top interview questions to be asked of coders.
Medical billing specialists should have a good understanding of how deductibles and co-insurance are calculated, how to apply write-offs, and how to apply co-pays. Many times these are determined on the EOB by the insurance company but it’s important to understand how they are calculated. Some providers require the patient to pay their co-insurance and apply deductibles up front before claims are filed to make sure they get paid.
Questions on HIPAA laws are increasingly becoming one of the top interview questions. Because medical billers and coders have access to sensitive patient data, it’s important to have a good understanding ofHIPAA privacy requirements. You also may have responsibilities for the security of patient information and computer systems. Make sure you are up to date on HIPAA standards and can give a basic explanation of what they are and what the providers (and their staff) are responsible for.
Medical billing specialists have to deal regularly with insurance companies to get an explanation why a claim was rejected and what is necessary to get it paid. Being able to understand the insurance claim process and how to deal with payers are important to getting claims paid. That’s why this is one of the top interview questions an employer would likely ask and a weakness of many providers billing efforts.
Just about every practice has some outstanding unpaid claims (A/R or Accounts Receivable) or patient balances. May have a significant amount of money “stranded” and waiting for claim issues to be resolved. If you have experience resolving unpaid claims and reducing A/R this is a huge plus.
Knowing how to file an appeal with the insurance carrier is important in resolving denied claims. It takes patience as most all insurance companies have different processes, requirements, and timeframes for the appeal process. It’s not always straightforward for a reason.
Medical billing and coding specialists don’t usually get involved with “hard” or intense collection efforts - this is usually left to the collection agency. But they usually are involved with “soft” type collections which may be a courtesy phone call or letter reminding the patient their insurance company has paid, they have a past due balance, and offer to make payment arrangements. For the more delinquent accounts it may be a notification that their account will be turned over to collections if arrangements are not made soon.
If you are a medical billing specialist, you will eventually deal with an angry patient. A lot of times they don’t understand their insurance coverage and they take their frustrations out on you - the bearer of the bad news. So when they receive a statement, that’s usually when they call the billing department and want to know why they owe something - or why it’s so much. That’s when it’s important for the biller to patiently explain their insurance coverage and if they desire more info to call their insurance company. Questions about dealing with patients are typically one of the top interview questions for billers.
Its good practice to process claims within 72 hours (3 days) of the date of service. Providers want to know that the medical biller and coder will promptly submit claims for payment.
There will inevitably be interview questions you just can’t answer - or a situation you don’t have experience in. In those cases don’t answer in a negative way - such as “I can’t....” or “I don’t know...”. Answer the question in a way as to emphasize your strengths or knowledge or your ability to learn and adapt quickly. Potential employers prefer candidates who will not require a lot of hand holding or be a burden on the existing staff. They want someone who can get up to speed quickly.
In addition to preparing to answer these top interview questions, have some “success stories” or example you can give that demonstrate your ability to take action and solve problems. You can bring these up during the interview. Potential employers will be very impressed. Giving examples of what you can do can really impress the interviewer make you stand out from the other candidates.
1. Ultimate Guide to Job Interview Answers
Word-for-Word Job Interview Answers to Use To Get Hired, Download 177 Proven Answers to Job Interview Questions...
2. Killer Interview Secrets E-book
This ebook includes top 10 secrets that help you will every job interview...
3. Free ebook: 75 interview questions and answers
This ebook includes: 75 interview questions and answers, types of job interview questions and how to face them, interview tips...