Billing Associate - Healthcare 13F25

The Billing Associate in the healthcare sector is a crucial member of the financial and administrative team, responsible for managing the billing processes tailored to healthcare services. This position involves handling medical billing duties, ensuring that patient charges are accurately recorded, and that payments are timely and correctly processed. You will have the opportunity to work closely with healthcare providers, insurance companies, and patients to resolve billing discrepancies, streamline billing operations, and maintain financial integrity within a fast-paced environment. The role requires a keen eye for detail, excellent organizational skills, and a thorough understanding of medical billing software and procedures. As a Billing Associate, your work directly impacts the financial health of the healthcare institution and enhances patient satisfaction by ensuring error-free billing statements and prompt payment processing. Joining this dynamic team offers an excellent opportunity to develop your financial expertise within the healthcare industry while contributing to the efficient operation of healthcare services.

Responsibilities

• Prepare and review accurate invoices for patient services rendered.
• Verify patient insurance information and ensure accurate claim submissions.
• Resolve billing discrepancies by investigating patient and provider inquiries.
• Maintain up-to-date records of billing and fully paid or pending accounts.
• Communicate effectively with insurance companies to expedite claim processing.
• Collaborate with medical staff to clarify billing codes and diagnoses.
• Process payments and adjustments accurately in the billing system.
• Generate and analyze billing reports to assist in financial decision-making.
• Stay informed about changes in insurance regulations and billing practices.
• Assist patients with understanding their bills and managing payment plans.
• Participate in audits to ensure compliance with healthcare billing standards.
• Provide support and guidance to junior billing staff and trainees.

Requirements

• High School Diploma or equivalent; additional certification in billing preferred.
• Proven experience as a billing associate or in similar roles, preferably in healthcare.
• Strong understanding of medical billing codes and healthcare terminology.
• Excellent attention to detail and ability to analyze financial documents.
• Proficiency in billing software and Microsoft Office suite is essential.
• Strong organizational and multitasking skills to manage various billing tasks.
• Effective communication skills to interact with patients and healthcare professionals.