Pakistan Job Openings
Zikra Infotech LLC
Medical Billing and Revenue Cycle Specialist (Remote)
Islamabad
FULL TIME
November 25, 2024
About Us
At the Center for Integrative Psychiatry (CIP), our mission is to alleviate the challenges associated with the traditional sick care model and support individuals in achieving optimal health through a collaborative, patient-centered approach. Our innovative services include psychiatric care, integrative medicine, and advanced treatments like Transcranial Magnetic Stimulation (TMS), designed to empower our patients on their wellness journey.
We are seeking a dedicated Medical Billing and Revenue Cycle Specialist to join our team and play a crucial role in ensuring the financial health of our organization. This individual will manage the full spectrum of medical billing and revenue cycle processes, collaborating with our clinical and administrative teams to optimize patient access to care and maintain compliance with industry standards.
Position Overview
The Medical Billing and Revenue Cycle Specialist will be responsible for overseeing all aspects of medical billing, insurance claims processing, accounts receivable management, and revenue cycle optimization. This role requires attention to detail, familiarity with medical billing practices, and a commitment to ensuring patients have a seamless financial experience while maintaining compliance with state and federal regulations.
Key Responsibilities Billing and Claims Management
- Accurately process patient claims, ensuring proper coding and documentation in alignment with CPT, ICD-10, and HCPCS standards.
- Submit claims to insurance companies and follow up on unpaid or denied claims promptly.
- Resolve billing discrepancies or errors in collaboration with clinical staff and insurance providers.
- Prepare and submit patient statements, ensuring clarity and accuracy of charges.
- Monitor the entire revenue cycle, from patient registration to final payment, to identify and address bottlenecks.
- Analyze and report key performance indicators (KPIs) such as days in accounts receivable, collection rates, and denial trends.
- Collaborate with leadership to develop strategies for improving billing efficiency and maximizing revenue.
- Communicate with patients regarding billing inquiries, insurance coverage, and payment options in a professional and compassionate manner.
- Educate patients on their financial responsibilities and assist with resolving outstanding balances.
- Maintain up-to-date knowledge of billing regulations, payer requirements, and industry standards to ensure compliance.
- Document all billing activities in CIP’s electronic medical records (EMR) and practice management systems.
- Conduct regular audits of billing and coding practices to maintain accuracy and compliance.
- Work closely with clinical and administrative staff to ensure seamless integration of billing processes with patient care.
- Provide training and guidance on billing practices to team members as needed.
- Serve as the primary liaison between CIP and insurance companies for billing-related matters.
- High school diploma or equivalent required; an associate’s or bachelor’s degree in a related field is preferred.
- Minimum of 2 years of experience in medical billing, revenue cycle management, or a related field.
- Certification in medical billing and coding (e.g., CPC, CCS, or CMC) is highly desirable.
- Proficiency with electronic medical records (EMR) systems and practice management software.
- Strong knowledge of CPT, ICD-10, and HCPCS coding standards, as well as payer policies and reimbursement methodologies.
- Familiarity with HIPAA compliance and other relevant regulations.
- Exceptional attention to detail and organizational skills.
- Strong problem-solving abilities and a proactive approach to resolving billing issues.
- Excellent written and verbal communication skills, with a focus on providing outstanding customer service.
- Ability to work independently and collaboratively in a fast-paced environment.
If you’re passionate about mental health care and dedicated to excellence in medical billing and revenue cycle management, we encourage you to apply and become part of our mission to transform lives. Please submit your resume and explain your interest in this role to the given link in the post or apply directly through Linked In.
Apply Link:
Job Type: Full-time
Pay: Rs70,000.00 - Rs100,000.00 per month
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