Lab Billing Specialist

Job Requirements

Position Summary

Assists with laboratory billing-related activities to ensure billing for laboratory services complies with regulatory standards. The Lab Billing Specialist works with all areas of lab billing/denials functions to assure accounts are managed accurately and timely. Responsibilities vary based on department need.

Minimum Requirements

Education

- High School graduate with 2 years' experience in a similar position

Experience

• Two years of experience in Medical Billing and Coding

• Proficiency in use of Microsoft Office applications

• Must have good knowledge of CPT, HCPCS, and ICD-9/10 codes

• Must have a good working knowledge with insurance explanation of benefits and comprehensive understanding of remittance and remark codes.

• Be familiar with multiple payer requirements for claims processing

• Good communication Skills

License/Registration/Certifications

- N/A

Preferred Requirements

Preferred Education

- High School graduate with 4 years' experience in a similar position

Preferred Experience

• Four years of experience in Medical Billing and Coding

• Proficiency in use of Microsoft Office applications

• Must have good knowledge of CPT, HCPCS, and ICD-9/10 codes

• Must have a good working knowledge with insurance explanation of benefits and comprehensive understanding of remittance and remark codes.

• Be familiar with multiple payer requirements for claims processing

• Good communication Skills

Preferred License/Registration/Certifications

- National Coding Certification AAPC

Core Job Responsibilities

• Submit private/commercial insurance claims with proper documentation in a timely manner

• Review and submit self-pay claims as created

• Utilize Medicare DDE system to correct errors on Medicare claims

• Batch and key all reimbursements received

• Compile and respond to all reimbursement inquiries

• Investigate and resubmit all unpaid balances to appropriate insurance carrier

• Posts all payments

• Updates check logs as checks are deposited and reconciles with deposit report at the end of month

• Process refunds as needed

• Initiates action to manage accounts, i.e. collections, write off

• Maintain accurate, systematic accounts receivable process

• Other Duties As Assigned