Location: Weston, FloridaJob Description:As a Medical Revenue Specialist, you will be responsible for managing various aspects of the revenue cycle, including patient invoicing, account balance management, and payment collections. Additionally, you will playa key role in ensuring the accuracy of care plan pricing, charge captures, and financial agreements. We are looking for a candidate with a strong understanding of medical billing processes, excellent communication skills, and a commitment to providing exceptional service to our patients.Key Responsibilities:
- Prepare and process patient invoices manually, ensuring accuracy and compliance with billing standards.
- Manage a high volume of patient account balances daily, proactively identifying and resolving any discrepancies.
- Coordinate care plan payment collections, liaising with patients to facilitate timely payments.
- Prepare comprehensive financial agreement forms for care plans, outlining payment terms and responsibilities.
- Conduct thorough reviews of care plan pricing structures to ensure competitiveness and profitability.
- Accurately capture charges for services rendered, maintaining detailed documentation and adherence to coding guidelines.
- Collect intake deposits and prepare financial agreement forms to initiate care plans effectively.
Additional Responsibilities:
- Monitor and analyze revenue cycle performance metrics, identifying areas for improvement and implementing corrective actions as needed
- Assist with accounts receivable collections, following up on outstanding balances and resolving billing inquiries
- Conduct regular audits of billing records and documentation to ensure compliance with regulatory requirements
- Provide training and support to staff members on billing processes, coding guidelines, and revenue cycle best practices
- Stay informed about changes in healthcare regulations and industry trends, ensuring compliance and continuous improvement in revenue cycle operations
Qualifications:
- Bachelor's degree in Healthcare Administration, Finance, or related field preferred
- 2+ years of experience in medical billing, revenue cycle management, or similar role
- Proficiency in medical billing software and Microsoft Office Suite
- Strong understanding of medical coding and billing practices