Billing Executive - Healthcare 30N25

The Billing Executive in the healthcare sector is an integral part of the financial operations within a healthcare organization. This position is crucial for ensuring that billing processes are executed efficiently, accurately, and in compliance with healthcare regulations and standards. Positioned typically within a hospital, clinic, or healthcare provider's office, the Billing Executive is responsible for handling patient billing issues, compiling billing data, and generating invoices for services rendered. This role involves collaborating closely with medical staff, administration, and insurance companies to manage claims and handle any billing discrepancies. A successful Billing Executive is detail-oriented, possesses strong analytical skills, and is adept at handling complex billing software and systems commonly used in healthcare settings. This position not only requires a sound understanding of medical billing procedures but also demands excellent communication skills to ensure effective coordination and resolution of billing issues with patients and insurance entities.

Responsibilities

• Prepare and process accurate billing statements and invoices for healthcare services.
• Review patient records to ensure accurate documentation for the billing process.
• Coordinate with healthcare providers for additional information required for claims.
• Resolve any billing discrepancies by interacting with appropriate departments or personnel.
• Submit insurance claims promptly and follow up on denied or delayed claims.
• Maintain up-to-date patient billing systems and records in compliance with regulations.
• Provide assistance to patients in understanding their billing statements and insurance coverage.
• Implement billing software updates and train staff on new processes as required.
• Handle confidential patient information with utmost discretion and respect.
• Ensure compliance with healthcare laws, regulations, and policies in all billing activities.
• Generate financial reports regarding billing activities and present them to management.
• Contribute to process improvements for more efficient billing operations and procedures.

Requirements

• Possess a bachelor's degree in finance, business administration, or a related field.
• At least two years of experience in a billing or financial role in healthcare.
• Strong understanding of medical billing procedures and healthcare insurance processes.
• Proficient in using billing software and electronic health records systems.
• Excellent analytical skills with a strong attention to detail for accurate billing.
• Strong communication and interpersonal skills for patient and team interaction.
• Familiar with healthcare laws, regulations, and compliance standards in billing.