The Medical Billing Specialist plays a key role in optimizing reimbursement by sending clean claims to the insurance companies, working insurance claim denials efficiently and quickly the 1st time and having that in-depth knowledge of medical coding and billing guidelines.
Essential Duties & Responsibilities
Rejected EOB
· Follow-up on denials on the Practice Management Dashboard.
Appeals
· Determine when an appeal, reopening, redetermination, etc. should be requested and the requirement of each insurance carrier.
Appeals Completion
· Complete the appeals, reopening, redetermination, etc. in it’s entirety and send all required documentation to the insurance carrier.
Carrier Calls
· Call insurance carriers to appeal payments that do not match contractual agreement.
· Notify supervisor of consistent contractual agreement discrepancies.
Patient Inquiries
· Respond appropriately and accurately to written and telephone inquiries from patients regarding their insurance questions and account balances.
Claims Worklist
· Review and work the claims worklist daily.
Unapplied Payments
· Review and work the unapplied payments and credit balances daily.
In-actives
· Use data from in-actives on the practice management dashboard, call payers or look up claim status on-line to inquire about unpaid insurance claims that are 45 days old; record response or activity in the computer.
Medical Record Requests
· Make necessary arrangements for medical records requests, completion of additional paperwork, etc.
Carrier Relationships
· Manage relationships with personnel from assigned carriers.
Manager Meetings
· Meet with manager regularly to discuss/resolve reimbursement and insurance follow-up problems.
Refund Requests
· Process requests for refunds and submit all required documentation to manager for approval.
Insurance Inquiries
· Respond appropriately and accurately to written and telephone inquiries from insurance companies.
Medical Billing Knowledge
· Knowledge of medical billing policies and procedures.
Insurance Provider Policy Knowledge
· Knowledge of insurance provider policies and procedures regarding patient claims.
Accounting Principles
· Knowledge of basic accounting principles.
Medical Terminology Knowledge
· Knowledge of medical terminology and basic human anatomy.
Working Relationships
· Ability to establish and maintain effective working relationships with physicians, co-workers, and the public that harbor a friendly, yet professional interaction.
· Demonstrate willingness to readily interact with other staff members and department.
Flexibility & Stressful Situations
· Ability to be flexible, organized, and function under stressful situations.
Benefits
Top notch orthopedic clinic that serves the entire state of Wyoming. Premier Bone and Joint Centers offers, same day surgery, diagnostic imaging and Physical Therapy services.