Billing Executive

2 weeks ago


Mogappair West Chennai Tamil Nadu, India Apollo Speciality Hospitals Full time

**Job Title: Billing Executive**

**Overview**:
As a Healthcare Billing Executive, you will play a pivotal role in ensuring the efficient management of billing processes within the hospital setting. Your primary responsibilities will revolve around accurately documenting and processing patient billing information, liaising with insurance companies, and ensuring timely reimbursement for medical services provided. Your attention to detail, strong communication skills, and ability to navigate complex billing systems will be essential in facilitating smooth financial transactions and maintaining positive relationships with patients and insurance providers.

**Responsibilities**:

- **Billing Documentation**: Accurately record and document patient billing information, including procedures, treatments, and medications administered.
- **Insurance Verification**: Verify patient insurance coverage and eligibility for services rendered, ensuring accurate billing to insurance companies.
- **Claims Processing**: Prepare and submit insurance claims promptly, adhering to relevant regulations and guidelines to maximize reimbursement.
- **Denial Management**: Investigate and address claim denials or discrepancies, resolving billing issues efficiently to minimize financial impact.
- **Patient Billing**: Generate and distribute patient bills, providing clear explanations of charges and assisting patients with billing inquiries or concerns.
- **Financial Reporting**: Maintain accurate billing records and reports, tracking revenue cycles and identifying trends or areas for improvement.
- **Compliance**: Stay informed about healthcare billing regulations and compliance standards, ensuring adherence to legal and ethical guidelines in all billing practices.
- **Collaboration**: Collaborate with other departments, such as finance, medical coding, and patient services, to streamline billing processes and resolve billing-related challenges.
- **Customer Service**: Provide exceptional customer service to patients and insurance providers, addressing inquiries, resolving disputes, and fostering positive relationships.
- **Continuous Improvement**: Identify opportunities for process improvement in billing operations, implementing efficient workflows and technology solutions to enhance productivity and accuracy.

**Qualifications**:

- Bachelor's degree in healthcare administration, finance, or related field (preferred).
- Proven experience in hospital billing, medical coding, or healthcare revenue cycle management.
- Strong understanding of medical terminology, billing codes (e.g., CPT, ICD), and insurance billing procedures.
- Proficiency in billing software and electronic health records (EHR) systems.
- Excellent analytical skills and attention to detail, with the ability to interpret complex billing data and financial reports.
- Effective communication and interpersonal skills, with the ability to collaborate with diverse stakeholders and resolve billing-related issues diplomatically.
- Knowledge of healthcare compliance regulations, such as HIPAA and CMS guidelines.
- Ability to prioritize tasks, manage deadlines, and adapt to changing priorities in a fast-paced healthcare environment.

Join our team as a Billing Executive and contribute to the efficient financial operations of our hospital while ensuring high-quality care for our patients.

**Job Types**: Full-time, Permanent

Pay: ₹300,000.00 - ₹500,000.00 per year

**Benefits**:

- Health insurance
- Leave encashment
- Life insurance
- Paid sick time
- Provident Fund

Schedule:

- Rotational shift

Supplemental pay types:

- Shift allowance
- Yearly bonus

**Experience**:

- total work: 1 year (required)

Work Location: In person

Expected Start Date: 13/05/2024


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