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Electromed
Prague, MN | Full Time
$55k-75k (estimate)
4 Weeks Ago
Billing Specialist
Electromed Prague, MN
$55k-75k (estimate)
Full Time | Business Services 4 Weeks Ago
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Electromed is Hiring a Billing Specialist Near Prague, MN

People Purpose: Beyond CompetitiveIt is no longer ok to just be competitive regarding how we treat our people in everything we do. Our leadership team believes wholeheartedly we need to be beyond competitive and cultivate a culture of proud, driven employees who are passionate about the work they do and where they do it. Our leadership strives to unleash unsurpassed potential in every team and individual employed and owns making that happen. Sincere, Simple, Smart.
What makes us Beyond Competitive:
  • 6 weeks’ time off annually
  • Employee bonus plan
  • Flexible hybrid/remote work options
  • Full pay maternity, paternity, parental, short-term disability leaves
  • Employee driven recognition program
  • Access to hundreds of training opportunities
  • Company paid educational assistance
  • Well-being on demand
  • Perks at Work
  • Competitive health and welfare plans -HSA company contribution
  • 401(k) company match
  • Great culture and people!
The Opportunity:The Billing Specialist is responsible for submitting patient bills to appropriate payers and performing efficient follow up on open accounts in a timely and accurate manner. They also ensure timely claims submission and follow up, reconcile claims, and resolve to ensure appropriate adjudication. The Billing Specialist must be able to respond knowledgeably to a wide range of complex denial issues when dealing with insurance companies.
Job Outcomes You Must Get:
  • Follow Electromed mission and core values, while striving to achieve company goals
  • Understand and adhere to local State and Federal healthcare regulatory and compliance rules
  • Review billing files for appropriate modifiers, diagnosis codes, patient demographic information and insurance prior to submission
  • Utilize multiple electronic billing, medical retrieval systems, and payer websites to resolve insurance denials and patient issues
  • Communicate effectively with internal customers, including Reimbursement and Accounting Departments
  • Ensure claims are processed and followed up in a timely manner to meet accounts receivables aging and cash receipt goals
  • Review patient statements to ensure accuracy
  • Complete payment reconciliation according to contracted payer fee schedules
  • Work to achieve monthly team goals
  • Educate patients on complex billing situations
  • Accurately record information to internal systems
  • Complete other miscellaneous tasks as needed to help support the reimbursement team
Job Outcomes Requirements:
  • Two years post-secondary education or equivalent work experience
  • Experience with insurance billing/reimbursement
  • Experience with third party and government payers
  • Proficiency in Microsoft Office programs: Outlook, Excel, Word
  • Experience with insurance claim software
  • Experience with professional claim submission preferred
  • High attention to detail and accuracy with the ability to handle multiple priorities
  • Self-starter, motivated
  • Ability to be tenacious but professional when working with various payers
  • Ability to work independently and as a contributing team member
  • Knowledgeable of insurance requirements and the ability to determine medical justification to ensure proper reimbursement
  • Excellent written and verbal communication skills
  • Demonstrated exceptional customer service skills
  • Ability to prioritize and organize
  • Strong analytical and problem-solving skills
Be You.Our people celebrate diverse individuals, backgrounds, and thinking. As an equal opportunity
employer this is the absolute most important belief in cultivating our
culture and growth together.
Core ValuesUnwavering passion for Patients. Make it happen. Encourage innovation and creativity.Embrace change. Always do what's right. Listen, learn, and deliver. Electromed develops, manufactures, and markets innovative airway clearance devices that help
people around the world breathe better, stay healthier, and lead active and fulfilling lives.
Making Life’s important moments possible-one breath at a time. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.Powered by JazzHR
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Job Summary

JOB TYPE

Full Time

INDUSTRY

Business Services

SALARY

$55k-75k (estimate)

POST DATE

05/22/2024

EXPIRATION DATE

07/16/2024

WEBSITE

electromedco.com

HEADQUARTERS

Ocheyedan, IA

SIZE

<25

INDUSTRY

Business Services

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The job skills required for Billing Specialist include Billing, Accounting, Customer Service, Accounts Receivable, Medical Billing, Attention to Detail, 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.

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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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If you are interested in becoming a Billing Specialist, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Billing Specialist for your reference.

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.

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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.

Florida Southern College
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