Job Summary:
The Medical Accounting Specialist will be responsible for managing financial transactions and records in a medical setting. This includes posting payments, reconciling accounts, and ensuring accurate financial reporting. The ideal candidate will have a strong background in medical accounting and be familiar with healthcare billing compliance and reimbursement processes. This position is onsite.
Key Responsibilities:
- Post and reconcile payments received from patients and insurance companies.
- Maintain accurate and up-to-date financial records.
- Ensure compliance with healthcare billing regulations and standards.
- Collaborate with healthcare providers to resolve any discrepancies in billing.
- Prepare financial reports and statements for management review.
- Assist in the development and implementation of financial policies and procedures.
Requirements:
- Bachelor’s degree in Accounting, Finance, or related field -required
- Experience in accounting, payment posting, account reconciliation, and medical insurance- required
- Knowledge of medical billing procedures and reimbursement practices- required.
- Proficiency in accounting software and Microsoft Office Suite.- required
- Strong analytical and problem-solving skills. required
- Excellent communication and interpersonal abilities. required
- Strong organizational skills and the ability to meet deadlines- required
- Detail-oriented with a high level of accuracy- required
- Ability to handle confidential information with discretion- required
This job description incorporates the essential skills and experience required for the role, ensuring that candidates are well-versed in the specific needs of medical accounting within a healthcare setting. Please review and adjust the description to fit your organization’s specific requirements.