Healthcare Billing Specialist
Are you passionate about healthcare and have a strong eye for detail? Do you thrive in a fast-paced environment and enjoy analyzing data? If so, we have an exciting opportunity for you! Covance is seeking a highly motivated Healthcare Billing Specialist to join our team. As a member of our team, you will play a crucial role in the billing process for our healthcare services. We are looking for someone with a strong understanding of healthcare billing procedures and regulations, excellent communication and organizational skills, and a commitment to accuracy and efficiency. If you are ready to make a meaningful impact in the healthcare industry, we encourage you to apply for this position.
- Analyze and review healthcare billing data to ensure accuracy and compliance with regulations.
- Collaborate with internal teams to reconcile billing discrepancies and resolve any issues.
- Communicate with clients and insurance companies to obtain necessary information for billing.
- Process and submit accurate and timely healthcare claims.
- Stay up-to-date on healthcare billing regulations and procedures.
- Maintain organized and detailed records of billing activities.
- Provide excellent customer service to clients and address any billing-related inquiries or concerns.
- Identify and implement process improvements to increase efficiency and accuracy in the billing process.
- Work closely with the finance team to ensure timely and accurate payment of invoices.
- Follow up on outstanding payments and work to resolve any billing disputes.
- Collaborate with cross-functional teams to support the development and implementation of new billing processes and systems.
- Maintain the confidentiality of sensitive healthcare and financial information.
- Participate in training and development opportunities to stay current on industry trends and regulations.
- Adhere to company policies and procedures at all times.
- Demonstrate a strong commitment to accuracy and attention to detail in all billing activities.
Knowledge Of Medical Billing And Coding: A Healthcare Billing Specialist At Covance Must Possess A Strong Understanding Of Medical Billing And Coding Procedures, Including Cpt And Icd-10 Codes. This Knowledge Is Essential For Accurately Processing Claims And Communicating With Insurance Companies.
Familiarity With Medical Terminology: In Addition To Billing And Coding, A Healthcare Billing Specialist Should Also Have A Solid Understanding Of Medical Terminology. This Is Necessary For Identifying And Verifying Services Provided, As Well As Properly Documenting Them On Claims.
Experience With Electronic Medical Records (Emr) Systems: Covance Utilizes Electronic Medical Records To Process And Track Patient Information. Therefore, A Healthcare Billing Specialist Should Have Experience Working With Emr Systems And Be Comfortable Navigating And Inputting Data Into Them.
Attention To Detail: As A Healthcare Billing Specialist, Attention To Detail Is Crucial For Accurately Processing Claims And Avoiding Errors. This Includes Reviewing Claims For Completeness And Accuracy, As Well As Identifying Any Potential Issues Or Discrepancies.
Strong Communication Skills: Effective Communication Is Key In The Healthcare Industry, Especially For A Healthcare Billing Specialist. This Role Requires Regular Interaction With Patients, Insurance Companies, And Healthcare Providers, So Strong Verbal And Written Communication Skills Are Necessary For Success.
Data Entry
Claims Processing
Medical coding
Documentation management
Insurance Billing
Reimbursement Analysis
Denial Management
Electronic Health Records (Ehr)
Icd-10 Coding
Medicare/M
Communication
Conflict Resolution
Emotional Intelligence
Leadership
Time management
creativity
Attention to detail
Teamwork
Adaptability
Problem-Solving
According to JobzMall, the average salary range for a Healthcare Billing Specialist is $35,000-$55,000 per year. However, this can vary depending on factors such as location, experience, and the specific healthcare organization or facility.
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Covance Inc. is a contract research organization headquartered in Princeton, New Jersey, providing nonclinical, preclinical, clinical and commercialization services to pharmaceutical and biotechnology industries. The company is owned by LabCorp and employs more than 50,000 people in over 60 countries. In 2014, Laboratory Corporation of America- Labcorp, purchased Covance.
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