Billing Executive
5 days ago
**Job Summary**:
The Billing Executive is responsible for managing and overseeing all aspects of patient billing and collections in the hospital. This role involves ensuring accurate billing processes, handling insurance claims, and providing excellent customer service to patients and their families regarding billing inquiries and issues.
**Key Responsibilities**:
- **Patient Billing**:
- Prepare and process patient invoices promptly.
- Verify accuracy of charges and ensure correct coding for all procedures and services.
- Review and reconcile patient accounts and statements.
- **Insurance Claims**:
- Submit insurance claims electronically or manually according to payer guidelines.
- Follow up on claim status, address denials or rejections, and appeal when necessary.
- Ensure compliance with payer requirements and hospital policies.
- **Financial Transactions**:
- Process patient payments, refunds, and adjustments.
- Monitor and manage outstanding accounts receivable and follow up on overdue balances.
- Assist with financial reporting and analysis as needed.
- **Customer Service**:
- Address patient and family inquiries regarding billing, insurance coverage, and payment options.
- Resolve billing disputes and issues promptly and professionally.
- Educate patients about billing procedures and financial responsibilities.
- **Compliance and Documentation**:
- Ensure compliance with healthcare regulations and hospital policies.
- Maintain accurate and confidential records of patient billing information.
- Stay updated on changes in billing regulations and payer requirements.
- **Collaboration**:
- Work closely with clinical and administrative staff to gather necessary documentation for billing.
- Collaborate with the finance team to support financial audits and internal controls.
**Qualifications**:
- **Education**: High school diploma or equivalent required; Associate's or Bachelor’s degree in Accounting, Finance, Healthcare Administration, or a related field preferred.
- **Experience**: Minimum of 1 year of experience in medical billing or a related field, preferably in a hospital setting.
- **Skills**:
- Strong understanding of insurance processes and regulations.
- Excellent communication and customer service skills.
- Detail-oriented with strong organizational and analytical skills.
- Ability to handle sensitive information with confidentiality and professionalism.
**Physical Requirements**:
- Ability to sit or stand for extended periods.
- Proficiency in using computers and office equipment.
- Ability to work in a fast-paced environment and handle multiple tasks simultaneously.
**Work Schedule**:
- Full-time position; may require occasional overtime or flexibility in hours.
**Job Types**: Full-time, Permanent
Pay: ₹15,000.00 - ₹18,000.00 per month
**Benefits**:
- Cell phone reimbursement
- Provident Fund
Schedule:
- Day shift
- Evening shift
- Morning shift
- Rotational shift
- Weekend availability
**Education**:
- Bachelor's (preferred)
**Experience**:
- Billing: 1 year (required)
- Medical billing: 1 year (required)
Shift availability:
- Day Shift (preferred)
- Night Shift (preferred)
Work Location: In person
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