Healthcare Billing Executive 02J26

The Healthcare Billing Executive is a critical member of the healthcare administration team, primarily responsible for managing the flow of medical billing information between healthcare providers, insurance companies, and patients. This role is essential to the fiscal health of any medical facility, requiring a meticulous attention to detail and a comprehensive understanding of the billing processes and regulations governing healthcare finance. The Healthcare Billing Executive will process patient information, coordinate with accounting personnel, and act as a liaison between patients and insurance companies to ensure smooth and accurate billing operations. The ideal candidate will be adept at multitasking, possess strong communication skills, and have the ability to work in a fast-paced environment. Their goal is to ensure the financial stability and continuity of healthcare operations through efficient and accurate billing practices.

Responsibilities

• Accurately enter and update patient billing information into the healthcare system.
• Review and verify the accuracy of billing and insurance information provided by patients.
• Process claims to insurance companies in a timely and accurate manner.
• Follow up on unpaid claims and take necessary actions to ensure payment.
• Communicate effectively with insurance companies regarding denied claims and appeals.
• Ensure compliance with billing regulations and guidelines specific to the healthcare industry.
• Generate and distribute accurate billing statements to patients on a regular basis.
• Assist in resolving billing inquiries and disputes with patients and insurance companies.
• Maintain comprehensive records of transactions and billing information for auditing purposes.
• Collaborate with the finance department to reconcile accounts and conduct analysis.
• Regularly update knowledge on healthcare billing policies and insurance coverage changes.
• Lead initiatives to improve billing accuracy and efficiency within the organization.

Requirements

• Bachelor's degree in healthcare administration, finance, or a related field preferred.
• Minimum of two years of experience in healthcare billing or a related field.
• Proficient in using healthcare billing software and financial systems.
• Strong understanding of medical billing regulations and insurance procedures.
• Excellent communication skills for interacting with patients and insurers effectively.
• Meticulous attention to detail to ensure accuracy in billing processes.
• Ability to work independently and manage multiple tasks in a fast-paced environment.