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LR
Lakes Regional Community Center
Reimbursement Specialist
Career Insights for Billing Specialist (General)
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Based on Texas 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.
$42,868 / year median in Texas
+8% projected growth
Job Description
Reimbursement Specialist 3.8 3.8 out of 5 stars Terrell, TX 75160 $18
- $21 an hour
- Full-time Lakes Regional Community Center 53 reviews $18
- $21 an hour
- Full-time The Reimbursement Specialist is responsible for communicating and working with insurance companies and medical billing staff to manage billing and various reimbursements.
Duties and Responsibilities:
Performs routine inquiries to include eligibility and verification of benefits, obtaining financial information, maintaining accounts, collecting charges for the support or treatment provided to clients. Submits timely, accurate invoices to payer for products and services provided. Understands the terms and fee schedule for all contracts for which invoices are submitted. Verifies that the services and products are correctly authorized and that required documentation is on file. Ensures that invoices are submitted for services and products that are properly ordered and confirmed as provided. Evaluates payments received for correctness and applies payments accurately to the EHR system. Verifies that payments received are correct according to the fee schedule. Applies payments correctly to client accounts. Notifies the Reimbursement Manager if there are overpayments and/or duplicate payments for the same service. Understand insurance carrier guidelines and coverage rules; stay abreast of changes and communicate to management and staff. Investigate denied claims in a timely manner including coordinating with clinical staff, to ensure that invoicing is accurate. Understands when claims should be corrected and refiled and when appeal packages must be submitted to collect the maximum revenue allowed. Monitor A/R reports and process corrected claims, adjustments, or write-offs in EHR. Prepare monthly reports for management team on status of client/payer accounts worked. Ensures compliance with policies and guidelines outlined in the contract terms and fee schedule. Follows HIPAA guidelines when accessing and sharing patient information to maintain patient and business confidentiality. Other duties as assigned by Revenue Cycle Management team.Education and Experience:
High School Diploma or GED, plus two years accounting, data entry or general office experience required. Must have a valid Texas driver's license and acceptable driving record, as well as personal automobile liability insurance as required by the State of Texas. Must have computer skills such as Word, Excel and Outlook.Knowledge, Skills & Abilities:
Ability to work in a team environment, effective communication skills, and a commitment to customer satisfaction. Professionalism, accuracy, dependability, and confidentiality are essential. Ability to examine documents for accuracy and completeness and prepare claims and other records according to detailed instructions. Must be able to work independently and prioritize multiple tasks.Work Schedule:
8-5 (Mon-Fri)Flex Salary Range:
$18- 21 (Depending on Experience/Qualifications) Employee Benefits at