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Medical Practice

Medical Billing Specialist

Career Insights for Billing Specialist (General)

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Based on Maryland data

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What they do

A Billing Specialist performs administrative work at financial institutions and banks that handle bills, receipts, and invoices. Manages the status of client accounts and tracks financial records, charges, and receipts of the accounts.

$47,138 / year median in Maryland

+2% projected growth

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Job Description

•Must possess 2 or more years of experience in Billing and Coding Primary Responsibilities of the
Billing Specialist:
Billing and Coding Responsible for collecting, outstanding account payments. Responsible for following up with insurance companies and patient accounts. Has knowledge of commonly-used concepts, practices, and procedures within the Medical Billing and Medical Insurance field Complete multiple tasks simultaneously Work independently, detail oriented and organized Proficient w/ government and commercial Understanding of insurance websites and form fields for authorization submission Maintain up to date information on various insurance companies and any relevant changes Keeps management informed of changes or issues Completes other tasks or responsibilities as assigned Responsible to reduce aged A/R. Analyze Explanation of Benefits (EOB's) and Correspondence to identify zero pays and underpayments. Responsible to follow-up with healthcare insurance companies on outstanding medical claims and appeals. Maintain open communication with the insurance verification team, billing department and office support staff. Conduct collection actions and provide resolution for complex accounts. Provide supporting documentation that supports collection actions. Charge entry experience required
Qualifications and Requirements:
Experience in the full cycle of revenue management for a private medical practice 2 or more years of experience in AR Basic computer proficiency with
MS Office:
Outlook, Word and Excel A background check is required of the final candidate.
Schedule:
Monday through Friday; 8:00 am - 5:00 pm
Job Type:
Full-time Pay:
$23.00 - $26.00 per hour
Work Location:
In person