Healthcare Billing Executive (225-915)

The Healthcare Billing Executive plays a crucial role in managing and overseeing the billing operations within a healthcare organization. This position is essential for ensuring that billing processes run smoothly, efficiently, and in compliance with relevant regulations. The Billing Executive will be responsible for managing a team of billing specialists, analyzing billing-related data, and implementing strategies to improve billing operations. The role demands strong attention to detail, analytical skills, and expertise in healthcare billing systems. This position is critical for optimizing the revenue cycle, reducing billing errors, and ensuring that the healthcare facility is compensated appropriately for its services. A successful candidate will have exceptional communication skills and the ability to work collaboratively within a team to achieve financial accuracy and efficiency.

Responsibilities

• Oversee daily billing operations to ensure timely and accurate invoicing.
• Manage and lead a team of billing specialists, providing necessary support and training.
• Develop and implement billing policies and procedures to enhance operational efficiency.
• Ensure compliance with relevant healthcare billing laws and regulations.
• Analyze and optimize billing processes to maximize revenue and minimize errors.
• Coordinate with other departments to resolve billing discrepancies effectively.
• Generate and present billing reports to management for decision-making purposes.
• Utilize billing software to track and manage patient billing information effectively.
• Communicate with insurance companies to expedite claims processing and reimbursement.
• Monitor and address outstanding accounts to improve cash flow and reduce bad debts.
• Stay updated with the latest developments and best practices in healthcare billing.
• Collaborate with the finance department to ensure accurate financial reporting.

Requirements

• Bachelor’s degree in finance, healthcare administration, or a related field.
• Minimum of 3 years of experience in healthcare billing or related role.
• In-depth knowledge of healthcare billing practices and regulations.
• Proficiency with billing software and Electronic Health Records (EHR) systems.
• Strong analytical skills and attention to detail are essential for the role.
• Excellent communication and interpersonal skills for team management.
• Ability to handle sensitive information with the highest level of confidentiality.