What are the responsibilities and job description for the Medical Billing Specialist position at WESTMINSTER CANTERBURY?
At Westminster Canterbury of Richmond, you can learn, grow and make a lasting impact on residents and families. You'll experience the support of a collaborative work environment and a sense of collegiality unlike any other!
We offer:
A comprehensive benefits package including health, vision, dental life insurance, disability insurance and 403B retirement savings with company match.
- On Site Amenities!
- Including a gym, fitness classes, Chesapeake Bank Branch, Employee Dining Room with discounted meals and an award-winning Child Development Center with a generous employee discount for both full and part-time employees!
- Educational Assistance: We support your continuing education and career advancement by offering tuition reimbursement!
- Paid Time Off
The hiring range for this position is $20 to $26.19 per hour. Actual compensation depends on experience, skills, and internal equity.
The Medical Billing Specialist is responsible for the accuracy of accounts receivable functions to include residents' billings, Medicare, Medicaid and third party. Reconcile all resident/patient receivable accounts: prepare aged trial balances for third party billing.
MAJOR ACCOUNTABILITIES/ESSENTIAL JOB DUTIES:
• Maintain and ensure the accuracy of all third-party receivables and deferred revenue transactions by performing reconciliations and balancing the sub-ledgers to the general ledger
• Accurately bill residents and file claims for Medicare, Medicaid and third-party billings
• Utilize working knowledge of ICD-10-CM coding to ensure claims are properly filed in compliance with all Medicare/Medicaid regulations
• Follow up on all credit balances within 30 days
• Follow up on all outstanding balances over 60 days
• Work closely with outsourced departments to ensure compliance with billing regulations and audit results
• Ensure compliance with all GAAP regulations and monitor compliance closely
• Assist with system conversion updates
• Perform all other duties as assigned
Salary : $20 - $26