Medical Billing Specialist

Description

At Westminster Canterbury of Richmond, you can learn, grow and make a lasting impact on residents and families. You'll experience the support of a collaborative work environment and a sense of collegiality unlike any other!

We offer:

A comprehensive benefits packag e including health, vision, dental life insurance, disability insurance and 403B retirement savings with company match.

• On Site Amenities !
• Including a gym, fitness classes, Chesapeake Bank Branch, Employee Dining Room with discounted meals and an award-winning Child Development Center with a generous employee discount for both full and part-time employees !
• Educational Assistance : We support your continuing education and career advancement by offering tuition reimbursement!

• Paid Time Off

The hiring range for this position is $20 to $26.19 per hour. Actual compensation depends on experience, skills, and internal equity.

The Medical Billing Specialist is responsible for the accuracy of accounts receivable functions to include residents' billings, Medicare, Medicaid and third party. Reconcile all resident/patient receivable accounts: prepare aged trial balances for third party billing.

MAJOR ACCOUNTABILITIES/ESSENTIAL JOB DUTIES:

• Maintain and ensure the accuracy of all third-party receivables and deferred revenue transactions by performing reconciliations and balancing the sub-ledgers to the general ledger
• Accurately bill residents and file claims for Medicare, Medicaid and third-party billings
• Utilize working knowledge of ICD-10-CM coding to ensure claims are properly filed in compliance with all Medicare/Medicaid regulations
• Follow up on all credit balances within 30 days
• Follow up on all outstanding balances over 60 days
• Work closely with outsourced departments to ensure compliance with billing regulations and audit results
• Ensure compliance with all GAAP regulations and monitor compliance closely
• Assist with system conversion updates
• Perform all other duties as assigned

Requirements

EQUIPMENT:

• General Office Equipment
• Computers, including Microsoft Office

PHYSICAL REQUIREMENTS:

• Work is primarily sedentary
• Must be able to lift 25 pounds without assistance, 26+ with manual or mechanical assistance
• Ability to sit, reach, stand, bend, walk for periods of time depending on daily responsibilities

REQUIRED KNOWLEDGE, SKILLS AND ABILITY:

• Knowledge of medical billing and claims practices
• Proficient in the use of medical billing and claims systems applications
• Intermediate computer skills

REQUIRED EDUCATION AND EXPERIENCE:

• Associates degree in Medical Billing/Coding or combination education and experience to fulfill the requirements of the position
• Minimum three years' experience with Medicare/Medicaid billings, and non-government third party insurance companies