Job Description
Are you experienced in medical billing and looking for an opportunity to work with a leading healthcare services company? Telelinkz Pvt. Ltd. is hiring a Medical Billing Executive to join their dynamic team.
This full-time position offers an excellent opportunity for professionals with a background in medical billing, coding, and healthcare administration to contribute to a thriving organization.
About Telelinkz Pvt. Ltd.
Telelinkz Pvt. Ltd. is a reputable company providing healthcare and medical services with a focus on delivering efficient administrative support to healthcare providers. The company aims to streamline medical billing processes, ensuring timely and accurate claim submissions for their clients.
They are known for their commitment to quality service and providing a collaborative work environment for employees.
Role Overview: Medical Billing Executive
The Medical Billing Executive will play a crucial role in ensuring accurate billing practices for healthcare services. This position involves coding, claims management, and financial reporting related to medical billing.
You will be responsible for using your skills in coding and claims resolution to facilitate smooth financial transactions between healthcare providers, patients, and insurance companies.
Key Responsibilities of a Medical Billing Executive
As a Medical Billing Executive at Telelinkz Pvt. Ltd., you will undertake various tasks aimed at ensuring that all medical billing processes are performed efficiently and accurately:
1. Utilize CPT and ICD-10 Coding for Accurate Billing
You will apply the proper CPT (Current Procedural Terminology) and ICD-10 (International Classification of Diseases) coding to ensure the accuracy of medical billing. These codes are essential for insurance companies to understand the services provided to patients and determine reimbursement amounts.
2. Handle Claims Appeals and Resolutions
As part of the billing process, you will handle claims appeals and work on resolving any issues that arise with denied claims. This requires an in-depth understanding of medical billing codes and procedures to ensure the denial is resolved in a timely manner.
3. Post Charges and Ensure Timely Submission
You will be responsible for posting charges related to medical services rendered and ensuring claims are submitted to insurance companies within the appropriate time frame. Timely submissions help ensure that the provider gets paid promptly.
4. Analyze and Resolve Denied Claims
Denied claims can create significant delays in payment. You will be tasked with analyzing denied claims, identifying discrepancies, and addressing the causes of denials. This will involve re-submitting claims and ensuring accurate documentation is in place.
5. Monitor Aging Reports
Monitoring aging reports will be a critical part of your role. You will ensure that timely follow-ups are made on outstanding claims and ensure issues are escalated to management when required to reduce the number of denied claims in the future.
6. Perform Insurance Re-verification
At times, you will need to verify insurance details using various tools to ensure the billing process is accurate. Insurance re-verification helps ensure that all patient information is up to date and helps avoid errors in the billing process.
7. Initiate Billing to New Payers and Direct Patient Billing
Part of your responsibilities will include initiating billing to new payers or reprocessing claims as required. You may also handle direct patient billing when necessary to ensure that all financial transactions are properly recorded and processed.
Required Skills and Qualifications
The ideal candidate should possess a combination of technical skills and interpersonal qualities to excel in the role of a Medical Billing Executive:
1. Proficiency in CPT and ICD-10 Coding
Understanding and applying CPT and ICD-10 codes correctly is essential for the accuracy of medical billing. This knowledge helps prevent errors in billing and ensures insurance companies reimburse healthcare providers correctly.
2. Claims Management Experience
Experience with claims appeals, resolution, and analysis of denied claims is necessary for this role. You should be comfortable handling complex billing issues and ensuring that claims are processed without delays.
3. Strong Communication and Collaborative Skills
Effective communication skills are crucial for working with insurance companies, healthcare providers, and patients. You must be able to explain billing issues and collaborate with team members to resolve any discrepancies in claims.
4. Analytical and Detail-Oriented
You should have strong analytical skills and attention to detail, especially when handling denied claims or discrepancies in billing. This will allow you to resolve issues efficiently and prevent errors.
5. Familiarity with Billing Tools and Software
Experience using billing software and tools is necessary to handle medical billing tasks effectively. Familiarity with various insurance platforms and tools for re-verification will also be beneficial.
Why Join Telelinkz Pvt. Ltd.?
Joining Telelinkz Pvt. Ltd. offers various benefits and growth opportunities:
1. Competitive Salary and Benefits
The position offers a competitive salary ranging from Rs. 40,000 to Rs. 45,000 per month, along with the opportunity to grow within the healthcare industry.
2. Work in a Collaborative Environment
At Telelinkz, you will be part of a supportive and collaborative team. Working together with professionals across different departments helps foster a positive work environment and promotes learning and growth.
3. Gain Specialized Experience
This position offers a great opportunity to gain specialized experience in the medical billing and healthcare administration sectors, which will enhance your career and open doors to future roles in healthcare management.
How to Apply
If you are passionate about healthcare billing and looking for a role with opportunities to grow in the healthcare services industry, then this position is for you. To apply for the Medical Billing Executive role at Telelinkz Pvt. Ltd., please submit your application at Growthify.Pk.