AR Executive

3 weeks ago

india IKONIC Full time
Job Description
Position Title: AR Executive (Vascular Services)
Timings:  7:00pm - 4:00am
Department: Medical Billing
Location:  Ikonic, Plot # 176, Korang Road, near Rahat Bakers, I-10/3, Islamabad

About Us:
IKONIC is a US based IT company, headquartered in Miami, Florida. It is a group endeavor that mixes experience with agility, honesty, teamwork, trust, and insight into the future. We are a team who believe in providing solutions to your every problem. Our previous projects and a journey of nine years make us the leading name whom you can trust for adding value to your business. We believe that we can present a solution to your every problem, complementing innovation with sustainability. It is through our established repository of experiences that we offer a unique solution to every problem. Our services are available across the globe in a time zone aligned manner.
Position Purpose:
We are currently seeking talented and driven individuals to join our team as an AR Executive for Medical Billing. The candidates should possess a minimum of 2 years of experience in the medical billing service industry & Vascular Billing Service. Exceptional communication skills are paramount for this role.

Education & Professional Qualification:
  • Degree(s)/Major(s): Bachelor's degree in healthcare administration or related field preferred.
  • Certification(s): Certification in health care preferred.

Experience :
  • 2 years of experience as AR in medical billing, with Vascular Billing services.
  • Proficiency in billing and EHR software systems


Responsibilities:
  • Vascular Claim Processing accurately code and submit claims for vascular procedures and services using appropriate ICD-10 and CPT codes.
  • Payment Posting & Process and post payments received from insurance companies and patients for vascular procedures, ensuring accuracy and timeliness.
  • Claim Follow-Up on outstanding claims related to vascular services to ensure timely payment and resolution of any issues or denials.
  • Denial Management: Investigate and resolve claim denials specific to vascular billing, identifying reasons for denials and taking appropriate actions to appeal or reprocess claims.
  • Aging Reports, review aging reports for vascular claims regularly to prioritize follow-up efforts and reduce outstanding receivables.
  • Patient Billing generate and send patient statements for vascular procedures, answers patient inquiries, and assists with setting up payment plans as needed.
  • Insurance Verification: Verify insurance coverage and eligibility for vascular procedures prior to services being rendered to ensure accurate billing and reduce claim rejections.
  • Prepare and submit appeals for denied claims related to vascular services, providing necessary documentation and supporting information.
  • Coordination with Providers: Communicate effectively with vascular healthcare providers to clarify billing information, resolve discrepancies, and ensure accurate coding and documentation.
  • Ensure compliance with billing regulations and guidelines specific to vascular procedures, including proper documentation and coding practices.
  • Maintain documentation detailed records of billing activities for vascular services, including payment posting, claim status updates, and communication with payers and patients.
  • Process Improvement: Identify opportunities for process improvements in vascular billing operations to enhance efficiency, accuracy, and revenue cycle management.
  • Provide training and support to colleagues on vascular billing procedures, coding guidelines, and software systems.

Requirements
  • Minimum of 2 years of experience in medical billing, with a specific focus on vascular billing services.
  • Familiarity with billing procedures, coding, and reimbursement processes related to vascular procedures.
  • Software AdvancedMD Simple Practice or office ally 
  • Certification in Medical Billing and Coding (e.g., CPC, CCS) preferred.
  • Proficiency in medical billing software and systems, with experience in vascular billing software preferred.
  • Strong understanding of ICD-10 and CPT coding for vascular procedures.
  • Knowledge of insurance policies, billing guidelines, and reimbursement processes specific to vascular services.
  • Excellent attention to detail and accuracy in coding and billing.
  • Strong analytical and problem-solving skills to resolve billing discrepancies and denials.
  • Effective communication skills to interact with healthcare providers, insurance companies, and patients.
  • Ability to work independently and as part of a team in a fast-paced environment.
  • Knowledge of HIPAA regulations and other compliance requirements related to medical billing and patient information confidentiality.
  • Proficiency in Microsoft Office Suite, particularly Excel and Word.
  • Experience with electronic health record (EHR) systems.
  • Willingness to stay updated on changes in billing regulations, coding guidelines, and industry best practices related to vascular billing services.
  • Ability to analyze and solve complex billing issues related to vascular procedures.
  • Ability to collaborate with cross-functional teams, including billing, coding, and administrative staff.
  • Dedication to providing excellent customer service to patients, healthcare providers, and insurance companies.

Benefits
  • Competitive Salary
  • Bonuses
  • EOBI
  • Provident Fund
  • Medical Insurance
  • Annual Leaves
  • Casual leaves
  • Sick Leaves
  • Bereavement Leaves
  • Marriage Leaves
  • Paternity Leaves
  • Maternity Leaves
  • Medical Health Insurance
  • Bi-Annual Reviews

Why Should You Join IKONIC?
At IKONIC , we believe in providing opportunities to all its employees, which is why our job comes with a variety of challenging assessments meant to catapult your career to the next level. This is made evident with our offerings such as:
  • A growth mindset through the help of experienced and helpful Mentors. Ikonic is made up of passionate individuals who aim to support each other in their training as well as day-to-day tasks.
  • A Dynamic Environment where we focus on encouraging initiatives, promoting agility and creating a work/life balance. We know the value you bring in, and we aim to nurture it.
  • Market Competitive Compensation based upon your professional qualifications and skill set.
  • As an Equal employment opportunity provider. All employment associated decisions are based on an individual's merit.

Note: Above goals and job descriptions are indicative and subject to change.
Requirements
Requirements: Minimum of 2 years of experience in medical billing, with a specific focus on vascular billing services. Familiarity with billing procedures, coding, and reimbursement processes related to vascular procedures. Software AdvancedMD Simple Practice or office ally Certification in Medical Billing and Coding (e.g., CPC, CCS) preferred. Proficiency in medical billing software and systems, with experience in vascular billing software preferred. Strong understanding of ICD-10 and CPT coding for vascular procedures. Knowledge of insurance policies, billing guidelines, and reimbursement processes specific to vascular services. Excellent attention to detail and accuracy in coding and billing. Strong analytical and problem-solving skills to resolve billing discrepancies and denials. Effective communication skills to interact with healthcare providers, insurance companies, and patients. Ability to work independently and as part of a team in a fast-paced environment. Knowledge of HIPAA regulations and other compliance requirements related to medical billing and patient information confidentiality. Proficiency in Microsoft Office Suite, particularly Excel and Word. Experience with electronic health record (EHR) systems. Willingness to stay updated on changes in billing regulations, coding guidelines, and industry best practices related to vascular billing services. Ability to analyze and solve complex billing issues related to vascular procedures. Ability to collaborate with cross-functional teams, including billing, coding, and administrative staff. Dedication to providing excellent customer service to patients, healthcare providers, and insurance companies.

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