31 Oct
|
Credense Medical Billing
|
Hyderabad
31 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 recent 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