Billing Executive- Healthcare (225-705)

The role of a Billing Executive in the healthcare sector involves handling and overseeing the billing operations of healthcare facilities. This position is essential for ensuring the accuracy and efficiency of billing processes, ranging from generating invoices to managing patient accounts and insurance claims. A Billing Executive plays a crucial role in liaising between patients, healthcare providers, and insurance companies to ensure that financial transactions are processed correctly and efficiently. The ideal candidate will have strong analytical skills, attention to detail, and a deep understanding of medical billing and coding. Additionally, excellent communication skills are necessary to handle inquiries and resolve discrepancies. This position is integral in maintaining the financial integrity of the healthcare institution, ensuring compliance with all regulations, and supporting the timely collection of revenue. The role demands a proactive individual who can work independently and as part of a team in a fast-paced healthcare environment.

Responsibilities

• Generate, review, and process patient billing statements and invoices accurately.
• Ensure timely submission of insurance claims and follow-ups on rejections or delays.
• Verify insurance coverage and ensure correct billing codes are used for procedures.
• Resolve billing discrepancies and disputes effectively with patients and insurers.
• Maintain patient records with complete confidentiality and data integrity.
• Coordinate with medical staff to ensure accurate billing information gathering.
• Update billing software and systems with the latest patient information regularly.
• Prepare detailed reports on billing activities, claims, and collection for management.
• Act as a point of contact for patient billing inquiries and provide resolution.
• Stay informed of the latest industry billing practices and regulatory requirements.
• Conduct audits to ensure accuracy and compliance of billing records and reports.
• Assist in training staff on billing procedures and software as needed.

Requirements

• Bachelor's degree in finance, accounting, healthcare administration, or a related field.
• Minimum of two years of experience in healthcare billing or a similar role.
• Strong knowledge of medical billing terminology and procedures is essential.
• Proficiency in billing software applications and Microsoft Office Suite.
• Excellent attention to detail and strong organizational skills are required.
• Demonstrated ability to manage time effectively and meet deadlines consistently.
• Outstanding communication and interpersonal skills with a customer service focus.