Job Description
Position Title: AR Executive (Vascular Services)
Timings: 7:00pm - 4:00am
Department: Medical Billing
Location: Ikonic, Plot # 176, Korang Road, near Rahat Bakers, I-10/3, Islamabad
About Us:
IKONIC is a US based IT company, headquartered in Miami, Florida. It is a group endeavor that mixes experience with agility, honesty, teamwork, trust, and insight into the future. We are a team who believe in providing solutions to your every problem. Our previous projects and a journey of nine years make us the leading name whom you can trust for adding value to your business. We believe that we can present a solution to your every problem, complementing innovation with sustainability. It is through our established repository of experiences that we offer a unique solution to every problem. Our services are available across the globe in a time zone aligned manner.
Position Purpose:
We are currently seeking talented and driven individuals to join our team as an AR Executive for Medical Billing. The candidates should possess a minimum of 2 years of experience in the medical billing service industry & Vascular Billing Service. Exceptional communication skills are paramount for this role.
Education & Professional Qualification:
- Degree(s)/Major(s): Bachelor's degree in healthcare administration or related field preferred.
- Certification(s): Certification in health care preferred.
Experience:
- 2 years of experience as AR in medical billing, with Vascular Billing services.
- Proficiency in billing and EHR software systems
Responsibilities:- Vascular Claim Processing accurately code and submit claims for vascular procedures and services using appropriate ICD-10 and CPT codes.
- Payment Posting & Process and post payments received from insurance companies and patients for vascular procedures, ensuring accuracy and timeliness.
- Claim Follow-Up on outstanding claims related to vascular services to ensure timely payment and resolution of any issues or denials.
- Denial Management: Investigate and resolve claim denials specific to vascular billing, identifying reasons for denials and taking appropriate actions to appeal or reprocess claims.
- Aging Reports, review aging reports for vascular claims regularly to prioritize follow-up efforts and reduce outstanding receivables.
- Patient Billing generate and send patient statements for vascular procedures, answers patient inquiries, and assists with setting up payment plans as needed.
- Insurance Verification: Verify insurance coverage and eligibility for vascular procedures prior to services being rendered to ensure accurate billing and reduce claim rejections.
- Prepare and submit appeals for denied claims related to vascular services, providing necessary documentation and supporting information.
- Coordination with Providers: Communicate effectively with vascular healthcare providers to clarify billing information, resolve discrepancies, and ensure accurate coding and documentation.
- Ensure compliance with billing regulations and guidelines specific to vascular procedures, including proper documentation and coding practices.
- Maintain documentation detailed records of billing activities for vascular services, including payment posting, claim status updates, and communication with payers and patients.
- Process Improvement: Identify opportunities for process improvements in vascular billing operations to enhance efficiency, accuracy, and revenue cycle management.
- Provide training and support to colleagues on vascular billing procedures, coding guidelines, and software systems.
Requirements- Minimum of 2 years of experience in medical billing, with a specific focus on vascular billing services.
- Familiarity with billing procedures, coding, and reimbursement processes related to vascular procedures.
- Software AdvancedMD Simple Practice or office ally
- Certification in Medical Billing and Coding (e.g., CPC, CCS) preferred.
- Proficiency in medical billing software and systems, with experience in vascular billing software preferred.
- Strong understanding of ICD-10 and CPT coding for vascular procedures.
- Knowledge of insurance policies, billing guidelines, and reimbursement processes specific to vascular services.
- Excellent attention to detail and accuracy in coding and billing.
- Strong analytical and problem-solving skills to resolve billing discrepancies and denials.
- Effective communication skills to interact with healthcare providers, insurance companies, and patients.
- Ability to work independently and as part of a team in a fast-paced environment.
- Knowledge of HIPAA regulations and other compliance requirements related to medical billing and patient information confidentiality.
- Proficiency in Microsoft Office Suite, particularly Excel and Word.
- Experience with electronic health record (EHR) systems.
- Willingness to stay updated on changes in billing regulations, coding guidelines, and industry best practices related to vascular billing services.
- Ability to analyze and solve complex billing issues related to vascular procedures.
- Ability to collaborate with cross-functional teams, including billing, coding, and administrative staff.
- Dedication to providing excellent customer service to patients, healthcare providers, and insurance companies.
Benefits- Competitive Salary
- Bonuses
- EOBI
- Provident Fund
- Medical Insurance
- Annual Leaves
- Casual leaves
- Sick Leaves
- Bereavement Leaves
- Marriage Leaves
- Paternity Leaves
- Maternity Leaves
- Medical Health Insurance
- Bi-Annual Reviews
Why Should You Join IKONIC?At
IKONIC, we believe in providing opportunities to all its employees, which is why our job comes with a variety of challenging assessments meant to catapult your career to the next level. This is made evident with our offerings such as:
- A growth mindset through the help of experienced and helpful Mentors. Ikonic is made up of passionate individuals who aim to support each other in their training as well as day-to-day tasks.
- A Dynamic Environment where we focus on encouraging initiatives, promoting agility and creating a work/life balance. We know the value you bring in, and we aim to nurture it.
- Market Competitive Compensation based upon your professional qualifications and skill set.
- As an Equal employment opportunity provider. All employment associated decisions are based on an individual's merit.
Note: Above goals and job descriptions are indicative and subject to change.
Job Details
- Job Location
- Islamabad Pakistan
- Company Industry
- Other Business Support Services
- Company Type
- Unspecified
- Employment Type
- Unspecified
- Monthly Salary Range
- Unspecified
- Number of Vacancies
- Unspecified