Medical Billing Specialist

3 days ago


Cebu City, Central Visayas, Philippines Virtual Ventures Full time

Overview:


Virtual Ventures is seeking an experienced and detail-oriented Medical Billing Specialist with expertise in mental health billing to join our team. We are a fast-paced virtual company that requires exceptional professionals like you to ensure accurate billing, timely reimbursement, and smooth workflow management.


About the Role:


We are looking for a highly skilled Medical Billing Specialist who can manage the full medical billing cycle from patient registration to payment posting and account reconciliation. You will be responsible for handling insurance claims submissions, resubmissions, and appeals for mental health services.


Main Responsibilities:



  • Manage the full medical billing cycle from patient registration to payment posting and account reconciliation.
  • Handle insurance claims submissions, resubmissions, and appeals for mental health services.
  • Verify patient insurance coverage, eligibility, and benefits for mental health services.
  • Follow up on outstanding claims and address denials or rejections.
  • Post payments accurately, reconcile accounts, and manage patient billing inquiries.
  • Maintain and update patient billing records using AdvanceMD software.
  • Evaluate and implement process improvements to increase efficiency and reduce costs.
  • Collaborate with therapists, office staff, and insurance companies to resolve any billing issues.

Requirements:



  • A minimum of 2-3 years of experience in medical billing, with a focus on mental health billing.
  • Proficiency in AdvanceMD or similar medical billing software.
  • A thorough understanding of the end-to-end medical billing process, including claims submission, payment posting, and account management.
  • Strong knowledge of insurance guidelines, particularly for mental health services.
  • Excellent communication, problem-solving, and organizational skills.
  • The ability to work independently and manage multiple tasks in a fast-paced environment.
  • A strong attention to detail and a commitment to accuracy.

Compensation:


The estimated annual salary for this position is $65,000-$80,000, depending on experience. Our compensation package includes comprehensive benefits and opportunities for professional growth.



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