Baxter International Accounts Receivable Specialist Interview Questions and Answers

Negotiable based on experience and benefits package

• Salary is negotiable based on my experience and the benefits package offered

• I am open to discussing salary expectations during the interview process

• I am looking for a competitive salary that reflects my skills and qualifications

I can help in automation by implementing software and tools to streamline AR processes.

• Implementing an automated billing system to generate invoices and send them to customers

• Integrating payment gateways to allow customers to pay online

• Using machine learning algorithms to predict payment behavior and identify potential delinquencies

• Automating the collections process by sending reminders and follow-up emails

• Implementing...read more

To increase payment in denials, implement effective denial management strategies and improve the claims submission process.

• Analyze denial trends to identify common reasons for denials

• Implement proactive measures to prevent denials, such as accurate coding and thorough documentation

• Develop a robust denial management system to track and resolve denials efficiently

• Train staff on denial prevention and resolution techniques

• ...read more

To reduce denials, implement proactive measures such as improving documentation, verifying insurance coverage, and conducting regular audits.

• Improve documentation to ensure accurate and complete information is provided.

• Verify insurance coverage before providing services to avoid denials due to lack of coverage.

• Conduct regular audits to identify and address common denial reasons.

• Train staff on proper coding and billing ...read more

Aging days are calculated by determining the number of days between the invoice date and the current date.

• Subtract the invoice date from the current date to get the number of days since the invoice was issued

• Group invoices by the number of days past due (30, 60, 90, etc.)

• Use aging reports to track overdue invoices and prioritize collections efforts