The Billing Specialist is responsible for obtaining accurate and detailed information concerning insurance and self-pay reimbursement on patient accounts. This includes billing, collections, follow-up, reporting, and other duties as assigned to maximize reimbursement for services provided and support hospital goals.
Key responsibilities include:
- Ensuring billing records are audited against clinical records before billing and maintaining supporting documentation
- Managing accounts receivable balances to support timely and accurate payer billing and payments
- Communicating billing release to third-party payers
- Following up on outstanding balances and resolving issues promptly
- Conducting ongoing account audits using AR, Billed Open, and Unbilled reports
- Generating secondary claims and rebills and processing claim rejections
- Processing refund requests
- Entering charges, payments, adjustments, and other transactions accurately and on time
- Recording and balancing A/R and miscellaneous cash
- Preparing bank deposits and posting cash and adjustments
- Performing electronic billing and making follow-up calls to insurance companies and guarantors
Requirements & Qualifications
High school diploma or equivalent required; associate degree in accounting or finance preferred.
Required qualifications:
- Two or more years of business office and accounts receivable experience
- Experience in a medical or psychiatric setting preferred
- Knowledge of general office procedures and electronic billing
- Strong accuracy with figures, calculations, and postings
Benefits & Perks
Comprehensive benefit plan Competitive salary commensurate with experience and qualifications
Location
Colorado Springs, Colorado, US
Employment Type
Full-time
Experience Level
Associate
Remote work allowed
No
Posted
3 weeks ago