Medical Billing AR Specialist

4 weeks ago

Rawalpindi Cantonment, Pakistan XenMD Full time
Job Description:

We seek a qualified and dedicated AR Specialist to join our administrative office. In this position, you will be responsible for analytical tasks related to debt collection and invoicing. The role involves ensuring accurate and timely billing, resolving payment issues, managing accounts receivable, and maintaining financial records.

Benefits:

  • Free Meal
  • Market Comparative Salary
  • Paid Holidays
  • Provident Fund
  • Career Growth
  • Annual, Bi-Annual Increments

Job Type: Full-time

Job Specification:

Submit and track medical claims to insurance companies. Ensure claims are accurate and comply with payer requirements.

Record payments and adjustments into the billing system.

Review and address claim denials and rejections by analyzing the reasons for denial, correcting issues, and resubmitting claims.

Follow up on outstanding accounts.

Reconcile accounts to ensure all payments, adjustments, and write-offs are accurately recorded.

Prepare and review reports on accounts receivable.

Ensure that all billing practices comply with healthcare policies.

Skills and Qualifications:

Accurate data entry and meticulous record-keeping are crucial.

Understanding codes for claim submissions and denials.

Ability to effectively communicate with insurance companies.

Capable of analyzing financial data and identifying discrepancies or patterns.

Familiarity with billing software.

Education and Experience:

Bachelor's degree in business, health care administration, accounting, or a relevant field.

A minimum of 6 months to 1 year of experience as a medical biller.

Previous experience in medical billing or a related field is required, with experience in AR management.

Job Rewards and Benefits:
  • Incentive Bonus
  • Leaves
  • Provident Fund
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