24 Oct
|
Credense Medical Billing
|
Hyderabad
24 Oct
Credense Medical Billing
Hyderabad
Responsibilities of a Medical Billing Team Lead:
- Team Management:Lead and manage a team of medical billers, assigning tasks, monitoring workload, and providing performance feedback.
- Conduct regular team meetings to discuss progress, address challenges, and share updates.
- Provide training and coaching to team members on billing procedures, coding guidelines, and new regulations.
- Claim Submission and Follow-up:
- Review patient medical records to ensure accurate coding using ICD, CPT, and HCPCS codes.
- Verify insurance eligibility and advantages before submitting claims.
- Electronically submit claims to various insurance payers according to established deadlines.
- Monitor claim statuses, identify and address claim rejections or denials, and initiate appeals when necessary.
- Follow up on outstanding claims to ensure timely payment.
- Revenue Cycle Management:
- Analyze billing data to identify trends and areas for improvement.
- Monitor key performance indicators (KPIs)
such as denial rates, collection rates, and aging of accounts receivable.
- Implement strategies to optimize revenue cycle performance and achieve financial goals.
- Compliance and Quality Assurance:
- Ensure adherence to HIPAA regulations and other healthcare billing compliance standards
- Conduct regular quality audits to identify billing errors and implement corrective actions
- Stay updated on changes to billing codes, regulations, and payer policies
- Client Communication:
- Collaborate with healthcare providers and practice management staff to address billing inquiries
- Communicate with insurance companies to resolve billing disputes and negotiate payment terms
- Provide regular reports on billing performance to stakeholders.
- Experience with NextGen will be an added advantage.
📌 TL- Medical Billing (Hyderabad)
🏢 Credense Medical Billing
📍 Hyderabad