Billing Coordinator

Lifepoint Health • Sanford, NC

8h

About The Position

A Billing Coordinator coordinates daily billing and electronic posting functions. This role is crucial for ensuring the collection of funds for all billable services to meet goals in Bad Debts, AR Days, and Cash collections. Key activities include the submission of electronic and paper claims, processing patient statements, and posting electronic payments within 72 hours of receipt. The coordinator will also verify the timely and accurate submission of all claims, demonstrate an understanding of CPT, ICD-9, ICD-10, and HCPCS coding for all practice specialties, and verify and communicate eligibility, benefits, and patient responsibilities for assigned accounts. Additionally, the role involves performing special projects related to billing and collection efforts, assisting with posting charges, payments, and adjustments with a high degree of accuracy, understanding federal compliance issues related to billing and collections, keeping supply expenses at or below budget, and developing relationships with third-party payers and vendors to maximize cash flow.

Requirements

• Minimum of one year working in insurance and collecting unpaid accounts
• Knowledge of Microsoft Office software, specifically MS Word and MS Excel

Nice To Haves

• Associate’s degree or higher preferred
• CPC or equivalent coding/billing credential preferred, and medical terminology desired
• Provider Credentialing experience preferred
• Central Billing Office proficiency test completion preferred
• Certified Professional Biller certification preferred

Responsibilities

• Coordinate Central Billing Office activities related to ensuring the collection of funds for all billable services so that goals are met in Bad Debts, AR Days and Cash collections
• Submission of electronic and paper claims (qOD), processing Patient Statements (qW), posting of electronic payments (within 72 hrs of receipt) are the main activities within this coordination responsibility
• Verify all claims are submitted timely and accurately
• Demonstrate understanding of CPT, ICD-9, ICD-10, and HCPCS coding for all practice specialties
• Verify and communicate eligibility, benefits, and patient responsibilities for any assigned accounts
• Perform special projects related to billing and collection efforts
• Assist with posting charges, payments, and adjustments to accounts with a high degree of accuracy
• Understanding of federal compliance issues related to billing and collections
• Keep supply expenses at or below those budgeted
• Develop a relationship with third party payers and vendors to ensure cash flow is maximized

Benefits

• Multiple levels of medical, dental and vision coverage - with medical plans starting at just $10 per pay period - tailored benefit options for part-time and PRN employees, and more.
• Life, accident, critical illness, hospital indemnity insurance, short- and long-term disability, paid family leave and paid time off.
• Higher education and certification tuition assistance, loan assistance and 401(k) retirement package and company match.
• Mental, physical, and financial wellness programs (free gym memberships, virtual care appointments, mental health services and discount programs).
• Ongoing learning and career advancement opportunities.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED