Billing Executive- Healthcare 26F26

The role of a Billing Executive in the healthcare sector is vital for ensuring that medical billing operations run smoothly and efficiently. The individual in this position will be responsible for managing the billing processes, handling patient invoices, and ensuring timely collections. This role requires a meticulous eye for detail and a thorough understanding of healthcare billing systems and practices. The ideal candidate should be able to work collaboratively with healthcare professionals and the accounts department to resolve billing issues promptly and accurately. The Billing Executive acts as the bridge between patients and the healthcare facility regarding financial matters, contributing to both patient satisfaction and the institution's financial health. With the increasing complexity of healthcare billing processes, this role is crucial for maintaining efficiency and compliance with industry regulations.

Responsibilities

• Manage the preparation and submission of accurate healthcare billing statements.
• Verify insurance coverage and communicate discrepancies to patients effectively.
• Maintain organized records of patient billing and account information.
• Work closely with healthcare providers to ensure complete and accurate billing.
• Resolve billing inquiries and disputes from patients and insurance companies.
• Ensure compliance with healthcare billing regulations and policies.
• Assist with the collection of outstanding accounts and overdue bills.
• Evaluate billing practices continuously for process improvements.
• Coordinate with the accounts department for timely deposits and reconciliations.
• Prepare regular reports on billing status and outstanding balances.
• Support in training new staff on billing procedures and software systems.
• Identify trends in billing errors and implement corrective actions.

Requirements

• Bachelor’s degree in finance, business, or a related field preferred.
• Minimum of two years' experience in healthcare billing or similar position.
• Strong understanding of healthcare billing regulations and insurance protocols.
• Proficiency in billing software and Microsoft Office Suite is required.
• Exceptional attention to detail and problem-solving skills.
• Excellent communication skills for dealing with patients and team members.
• Ability to work independently and manage multiple billing tasks simultaneously.