Medical Billing Specialist
Billing Specialists perform many accounting, customer service and organizational tasks to promote the financial health of their organization. These duties and responsibilities include:
Job Duties:
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Searching each financial statement for any payment inconsistencies or errors
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Collaborating with patients or customers, third party institutions and other team members to resolve billing inconsistencies and errors
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Creating invoices and billing materials to be sent directly to a customer or patient
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Inputting payment history, upcoming payment information or other financial data into an individual account
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Finding financial solutions for patients or customers who may need payment assistance
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Informing patients or customers of any missed or upcoming payment deadlines
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Calculating and tracking various company financial statements
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Translating medical code if working in a medical setting
Billing Specialist skills and qualifications
A Billing Specialist uses soft skills, technical abilities and industry-specific knowledge to manage their organization’s accounts, including:
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Strong communication, including writing, speaking and active listening
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Great customer service skills, including interpersonal conversation, patience and empathy
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Good problem-solving and critical thinking skills
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In-depth knowledge of industry best practices
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Basic math, bookkeeping and accounting skills
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Organization, time management and prioritization abilities
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Ability to be discreet and maintain the security of patient or customer information
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Effective computer skills to input to use bookkeeping and account management software in a timely and efficient manner
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Understanding of industry-specific policies, such as HIPAA regulations for health care