What are the responsibilities and job description for the Insurance Denial and Billing Specialist position at Radiology Chartered?
Job Description:
We are seeking a detail-oriented and experienced Insurance Denial and Billing Specialist to join our team. In this dual-role position, you will be responsible for both managing and appealing denied insurance claims and overseeing the billing process to ensure timely and accurate payments. You will play a critical role in resolving discrepancies, reviewing claim denials, and facilitating seamless billing and payment operations for our organization or clients.This position requires a strong understanding of insurance policies, billing processes, and the ability to communicate effectively with insurance providers and healthcare professionals.
Key Responsibilities:
Insurance Denial Management:
- Review and analyze denied insurance claims to determine the cause of the denial.
- Work with insurance providers, healthcare professionals, or clients to gather additional information or clarify issues.
- Appeal denied claims with proper documentation and supporting evidence to ensure successful resolution.
- Maintain accurate records of all denied claims, communications, and resolutions.
- Track and follow up on claims to ensure timely resolution and payment.
Billing and Payment:
- Prepare and submit accurate insurance claims to various insurance providers.
- Verify the accuracy of billing codes, insurance information, and claim details before submission.
- Resolve any billing discrepancies by working closely with clients, insurance providers, or internal departments.
- Assist with financial reporting related to insurance billing and claims.
Cross-functional Collaboration:
- Collaborate with billing, coding, and customer service teams to ensure efficient and accurate billing and claims processing.
- Provide guidance and support to team members regarding billing and insurance denial procedures.
Other Responsibilities:
- Stay current on insurance policies, billing regulations, and industry trends.
- Participate in ongoing training and professional development programs.
- Meet daily/weekly/monthly targets for both claim resolution and billing submissions.
Qualifications:
- High school diploma or equivalent (required); Associate’s or Bachelor’s degree in Business Administration, Healthcare Administration, or a related field (preferred).
- 2 years of experience in insurance claims, billing, or denials management (medical or general insurance experience preferred).
- Strong understanding of insurance billing procedures, codes (CPT, ICD, etc.), and insurance policies.
- Experience with claims software or billing systems (Epic, Waystar and ADS).
- Strong attention to detail and the ability to manage multiple priorities efficiently.
- Excellent written and verbal communication skills.
- Proficient in Microsoft Office Suite (Excel, Word, etc.).
- Ability to work independently and as part of a collaborative team.
- Strong problem-solving and analytical skills.
Pay: $18.00 - $25.00 per hour
Benefits:
- 401(k)
- Dental insurance
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Vision insurance
Education:
- Associate (Preferred)
Experience:
- insurance claims, billing, or denials management: 2 years (Preferred)
Ability to Commute:
- Green Bay, WI 54303 (Required)
Work Location: In person
Salary : $18 - $25