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BILLING SPECIALIST
General Summary:
The Billing Specialist ensures the maximization of Agency cash flow through accurate and timely billing and collection practices. This includes maintaining the electronic billing systems, the production of management reports and communicating effectively with clients, payers, clinical staff, and management when needed.
Reports to Agency CFO
Office locations in South Portland or Windham with limited travel for meetings possible.
Specific Tasks:
· Work in conjunction with Day One’s Informatics Specialist to help ensure the Agency and its clinical staff are appropriately credentialled with MaineCare, Medicare, and other third-party payors as necessary.
· Stay up to date on all changes in third party payer or clearing house credentialling, authorization, and bill submission regulations, processes, and requirements. Maintain and update Day One billing system as appropriate.
· Ensure service authorizations from referral/admissions, intake, or clinical processes interface with billing to ensure timely payment and report authorization lapses as appropriate.
· Ensure efficient and timely billing of all services to maximize cashflow.
· Ensure the accurate posting of cash receipts using electronic or manual remittances and generate cash receipt reports as necessary.
· Conduct billing follow-up promptly, researching and mitigating denied claims to the extent possible. Produce denial reports as necessary.
· Accurately process and bill “balance after” amounts, produce and mail statements, and work with clinicians to ensure appropriate collection of self-pay accounts.
· Maintain accounts and process self-pay accounts in accordance with any Agency charity care or sliding scale policies.
· Ensure billing processes are in place to appropriately charge “no bill” grants or contracts where necessary.
· Generate and review aging accounts to assess risk and assist in the establishment and maintenance of bad debt and contractual adjustment reserves.
· Assist in the reconciliation of AR subsidiary ledgers to the general ledger as necessary.
· Work directly with clinical management as needed to promote effective billing and collection practices.
· Produce standard and ad hoc reports to support finance and performance improvement functions.
Full Time
Education & Training Services
$50k-68k (estimate)
02/25/2023
07/20/2024
day-one.org
PORTLAND, ME
50 - 100
1973
MARGARET JONES
<$5M
Education & Training Services
Day One improves the health of Maine by providing substance use, mental health and wellness services to youth and families. Our vision is that all Maine youth will have opportunities to realize their full potential to live productive, healthy and rewarding lives.
The job skills required for Billing Specialist include Billing, Billing Systems, etc. Having related job skills and expertise will give you an advantage when applying to be a Billing Specialist. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Billing Specialist. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Billing Specialist positions, which can be used as a reference in future career path planning. As a Billing Specialist, it can be promoted into senior positions as a Billing Manager that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Billing Specialist. You can explore the career advancement for a Billing Specialist below and select your interested title to get hiring information.
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Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Billing Specialist job description and responsibilities
Billing specialists prepare comprehensive and precise reports.
12/23/2021: Lansing, MI
Review documents like purchase orders, sales tickets, charge slips, or hospital records to compute fees or charges due.
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billing specialists, which are also known as billing clerks, handle the payments and processing for doctors and patients.
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Prepares, generates and mails, via computer database, patient and third party payers’ billing statements.
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A billing specialist will need to learn quickly and pick up whatever new skills are necessary.
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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Billing Specialist jobs
Find relevant Billing Specialist jobs, and apply.
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Communicate as efficiently as possible.
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Make checklists and to-do lists.
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Teach calendar and time management skills.
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Look for Training and Learning Opportunities.
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Step 3: View the best colleges and universities for Billing Specialist.