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Insurance Billing Coordinator
2 months ago
Position Title: Insurance Billing Coordinator
Location: Remote, US
Employment Type: Commission-based
About Therapy Insights Practice
Therapy Insights Practice is a progressive and purpose-driven psychotherapy organization committed to delivering exceptional care to clients across the United States. Our team of professionals provides both hybrid (in-person and virtual) and fully virtual therapy services. We focus on fostering a nurturing, growth-oriented atmosphere for our staff, enabling them to achieve both professional satisfaction and excellence.
Role Summary
We are in search of a skilled and knowledgeable Insurance Billing Coordinator to become a part of our team. This role is pivotal in overseeing the billing operations and insurance claim submissions for Therapy Insights Practice. The ideal candidate will possess comprehensive expertise in insurance providers, electronic health record (EHR) systems, CPT and ICD coding, billing protocols, and regulatory compliance. The coordinator will collaborate closely with clinicians, providing training and guidance on billing procedures while ensuring the precise and prompt submission of claims.
Key Responsibilities
- Claims Processing:
- Manage all facets of insurance claim processing for diverse carriers.
- Guarantee accurate and timely submission of claims utilizing various EHR platforms.
- Confirm insurance eligibility and benefits for clients.
- Address and rectify claim denials and inconsistencies swiftly.
- Billing Management:
- Oversee the complete patient billing cycle, emphasizing the significance of modifiers, service location, CPT, and ICD codes.
- Ensure adherence to the latest billing and claims regulations.
- Maintain proficiency in billable and service codes.
- Training and Development:
- Educate and train clinicians on billing processes and documentation standards.
- Provide updates regarding any modifications in billing regulations and insurance policies.
- Compliance and Auditing:
- Conduct regular evaluations of billing and claims processes to ensure compliance with provider and EHR standards.
- Possess knowledge of PHI compliance, particularly concerning payment methods.
- Enhancing Billing Efficiency:
- Implement strategies to significantly minimize back-billing and processing delays.
- Enhance turnaround times from claim submissions to approvals.
- Manage client aging balance reports and ensure timely follow-ups.
- Credentialing and Negotiations:
- Familiarity with the credentialing process for healthcare providers.
- Expertise in negotiating insurance reimbursement rates.
- Incident-To and Supervisory Billing:
- Knowledgeable in incident-to billing and supervisory billing guidelines, ensuring compliance with these practices.
- Bachelor's degree in Business, Healthcare Administration, or a related field is preferred.
- 3-5 years of experience in medical billing and insurance claims management.
- Extensive understanding of insurance providers and billing regulations.
- Proficient in various EHR systems.
- Demonstrated success in reducing back-billing and improving claim processing times.
- Strong grasp of CPT and ICD coding.
- Excellent communication and interpersonal skills.
- Detail-oriented with strong organizational and multitasking capabilities.
- Able to work independently and collaboratively.
- Proficient in billing software and Microsoft Office Suite.
- Compensation: We offer a competitive compensation structure.
- Flexibility: Choose a work schedule and environment that aligns with your lifestyle.
- Mission-Driven: Join a practice focused on purpose and professional fulfillment.
- Administrative Support: Benefit from comprehensive administrative assistance, allowing you to concentrate on client care.
- Collaborative Environment: Be part of a supportive team that values collaboration and continuous improvement.
- Group Supervision: Engage in compensated group supervision sessions to enhance your skills.
- Career Advancement: Explore opportunities for professional growth, including leadership roles.
Commission-based.
Benefits- Flexible work schedule
- Opportunities for advancement
- Training and development
Therapy Insights Practice is committed to fostering an inclusive and welcoming environment for all clients and team members, encouraging applications from individuals of diverse backgrounds and identities.
This is a remote position.