Healthcare Billing Executive (IP) 16M26

We are looking for a detailed-oriented and experienced Healthcare Billing Executive (IP) to manage patient account information efficiently within our healthcare system. The Healthcare Billing Executive will be responsible for handling patient-related financial activities and ensuring that all invoices, bills, and payments are processed smoothly and appropriately. This professional will play an integral role in optimizing revenue cycles and improving cash flow by enforcing accurate billing and claims processing for inpatient services. With a thorough comprehension of healthcare insurance policies, coding, and billing policies, the ideal candidate will ensure compliance with all government and third-party payer regulations. If you are skilled in managing financial records, communicating with insurance companies, and have the ability to innovate processes to minimize errors and discrepancies, this is an excellent opportunity for you to contribute to a leading healthcare institution. We are looking for someone who is committed to providing top-notch financial services, has patience with continuous learning and development, and thrives in a dynamic and fast-paced environment.

Responsibilities

• Accurately process inpatient billing claims by reviewing patient services rendered.
• Ensure timely submission and follow-up of claims to insurance companies.
• Communicate with insurance representatives to resolve billing inquiries and discrepancies.
• Maintain and update patient account information with confidentiality and precision.
• Collaborate with healthcare providers to ensure proper account documentation and coding.
• Analyze and interpret insurance policy details to optimize insurance claim resolution.
• Monitor accounts receivable balances by identifying overdue accounts and preparing statements.
• Negotiate with insurance payers to settle outstanding claims and secure payments.
• Compile detailed billing reports and present revenue findings to senior management.
• Stay informed on industry trends and changes in healthcare billing regulations.
• Conduct audits of billing files to ensure accuracy and compliance with regulations.
• Train junior billing staff on best billing practices and company protocol.

Requirements

• Bachelor’s degree in finance, healthcare administration, or a related field preferred.
• Minimum of 3 years experience in healthcare billing with a focus on inpatient services.
• Strong knowledge of insurance reimbursement processes and healthcare coding systems.
• Proficiency in billing software and electronic medical records systems.
• Exceptional attention to detail and the ability to multitask efficiently.
• Excellent communication and negotiation skills with diverse stakeholders.
• Commitment to maintaining confidentiality and integrity in handling sensitive data.