Billing Executive - Healthcare

The role of Billing Executive in the Healthcare sector involves managing a variety of tasks related to billing and revenue cycle management. The primary responsibilities include processing invoices, verifying insurance coverage, resolving billing discrepancies, and following up on unpaid claims. The ideal candidate should have a strong understanding of medical billing practices, knowledge of insurance policies and procedures, and proficiency in using billing software. Attention to detail, excellent communication skills, and the ability to work efficiently under pressure are essential to succeed in this role. The Billing Executive plays a crucial part in ensuring accurate and timely billing processes, ultimately impacting the financial health of the healthcare organization.

Responsibilities

• Verify accuracy of patient demographics and insurance information for billing purposes.
• Generate and process patient invoices and statements in a timely manner.
• Review and resolve any billing discrepancies or issues with insurance companies.
• Follow up on unpaid patient accounts and insurance claims to ensure timely payment.
• Maintain proper documentation and record-keeping of all billing transactions.
• Assist patients with billing inquiries and provide excellent customer service.
• Stay updated on healthcare billing regulations and compliance requirements.
• Collaborate with internal departments to ensure proper billing procedures.
• Participate in training sessions and workshops to improve billing processes.
• Analyze billing data and generate reports for management review.

• Bachelor's degree in Finance, Accounting, Healthcare Management, or related field.
• Previous experience in medical billing, insurance verification, or revenue cycle management.
• Strong knowledge of healthcare billing systems and software.
• Proficiency in billing processes for medical services, including ICD-10 and CPT coding.
• Excellent communication and problem-solving skills.