Facility Billing Specialist
Indexed description
ESSENTIAL DUTIES AND RESPONSBILITIES: (Responsibilities include, but not limited to)
- Reviews all facility invoices for accuracy against negotiated rates and contract provisions prior to invoicing, ensuring billed amounts, service dates, and volumes reconcile to the underlying contract terms.
- Maintains a working knowledge of each assigned facility contract, including rate schedules, billing frequency, invoicing requirements, payment terms, and any facility-specific billing stipulations or exceptions.
- Applies contract terms correctly when generating invoices, and escalates discrepancies between contracted rates and billed amounts for resolution prior to submission.
- Reviews and bills claims that were denied by the primary payer, determining facility responsibility in accordance with contract terms.
- Prepares and sends out monthly facility invoicing in accordance with each contract's billing schedule and required format.
- Regularly reviews the aging report to identify past-due facility accounts, prioritizing follow-up based on balance size, age, and contract payment terms.
- Conducts proactive, ongoing follow-up with facilities on outstanding balances, via phone and written correspondence, to secure timely payment and resolve any billing disputes.
- Documents all collection and follow-up activity on facility accounts, including payment commitments, disputes, and resolution status.
- Identifies accounts with recurring payment delays or disputes and escalates to the Billing Manager.
- Responds to facility inquiries regarding invoices, balances, and contract terms in a timely and professional manner.
- Updates rates and billing parameters in the billing system per contract specifications, ensuring changes are applied accurately and effective as of the correct contract date.
- Adheres to company policies and procedures.
- Other duties as assigned.
- Ability to read, analyze, and interpret facility contracts and insurance plans.
- Possesses intermediate knowledge of Medicare, Medicaid, and insurance benefits.
- Strong understanding of contract-based billing principles, including rate application, billing cycles, and facility payment terms.
- Skilled in reviewing and interpreting aging reports to prioritize collection follow-up and identify at-risk accounts.
- Must have accurate, high-level data entry skills with continuous quality focus.
- Must have excellent phone and customer service skills, including the ability to professionally manage payment follow-up conversations with facility contacts.
- Must be detail-oriented with excellent organizational and problem-solving skills.
- Experience in MS Office and general computer skills, including proficiency with billing system rate tables and aging/collections reporting tools.
- Regular attendance is an essential function of the position.
- Works around standard office conditions, repetitive use of a keyboard at a workstation, and use of manual dexterity. Frequent use of manuals and other resources. Work in shared office space and sits for long periods of time.
- High School Graduate or equivalent.
- Minimum of 9 months experience in a medical office setting
- Prior experience with contract-based billing, facility billing, or collections/aging follow up preferred
Allegiance is an EEO employer as defined by the EEOC.
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