What are the responsibilities and job description for the Laboratory Billing Specialist position at Confidential?
Position Summary
Quality Forensic Toxicology (QFT) is seeking an organized and detail-oriented Certified Laboratory Medical Billing Specialist to support our internal billing operations and work closely with our third-party billing partners.
This position supports both client invoicing and insurance revenue-cycle activities, helping ensure accurate billing information, complete documentation, timely claim follow-up, and appropriate reimbursement.
The ideal candidate has at least two years of medical billing experience and a strong understanding of insurance verification, claims processing, denials, appeals, and reimbursement. Experience in laboratory, pathology, or other healthcare billing is strongly preferred.
In-House Billing Responsibilities
- Prepare monthly client and project invoices by extracting billing information from the laboratory information system (LIS) and/or Excel reports.
- Apply the appropriate billing rates for each test or service.
- Create and issue client invoices.
- Manage outstanding in-house accounts receivable by sending statements, following up on unpaid invoices, and assisting with collection efforts.
- Accurately record and apply client payments once received.
- Maintain complete and accurate billing records and supporting documentation.
- Prepare end-of-month reports for in-house billing revenue.
- Prepare weekly and monthly case-volume reports.
- Identify billing discrepancies and work with internal departments to resolve issues.
Third-Party Billing & Revenue Cycle Coordination
- Serve as QFT's primary internal point of contact for third-party billing companies.
- Work closely with billing partners to ensure complete and accurate information is submitted to insurance carriers.
- Review and verify patient insurance information and ensure accurate entry into the LIS.
- Review CPT codes assigned to cases for accuracy and escalate discrepancies as needed.
- Complete verification of benefits and review coverage information through payer portals when necessary.
- Monitor billing portals and identify claims or billing issues requiring additional information or documentation.
- Track outstanding claims, denials, and billing issues through resolution.
- Follow up with third-party billing partners regarding unresolved claims, denials, and reimbursement issues.
- Review denied or rejected claims to determine whether additional information or documentation may support resubmission or appeal.
- Coordinate with physician offices, internal staff, and billing partners to obtain medical records, insurance information, orders, and other documentation needed to support claim payment or appeals.
- Assist with payer requests for medical records and other supporting documentation.
- Help identify recurring billing, documentation, or ordering issues that may contribute to denials or delayed reimbursement.
- Assist management with monitoring billing performance, reimbursement trends, and outstanding issues.
- Help improve billing accuracy, claim resolution, and overall reimbursement outcomes.
Required Qualifications
- Minimum of two years of medical billing experience required; five years preferred.
- Strong knowledge of insurance verification, benefits, claims processing, denials, appeals, and reimbursement workflows.
- Experience reviewing and following up on outstanding insurance claims.
- Strong attention to detail and the ability to identify errors, missing information, and documentation deficiencies.
- Excellent organizational, communication, and follow-up skills.
- Ability to manage multiple priorities and outstanding issues in a fast-paced environment.
- Proficiency with Microsoft Excel, Word, and Outlook.
- Ability to work effectively with third-party billing companies, insurance carriers, physician offices, and internal staff.
- Working knowledge of HIPAA and patient privacy requirements.
Preferred Experience
- Certified Medical Biller or other recognized medical billing or coding certification.
- Knowledge of ICD-10 and CPT coding.
- Previous pathology or clinical laboratory billing experience.
- Experience working with Medicare, Medicaid, and commercial insurance carriers.
- Experience working with third-party billing or revenue-cycle management companies.
- Experience with claim denials, appeals, insurance follow-up, and accounts receivable.
- Familiarity with healthcare billing documentation requirements and lab workflows.
Pay: $20.00 - $25.00 per hour
Expected hours: 40.0 – 45.0 per week
Benefits:
- Dental insurance
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Vision insurance
Work Location: In person
Salary : $20 - $25