Medical Billing Specialist - Teladoc Health Inc

Teladoc Health is a global, whole person care company made up of a diverse community of people dedicated to transforming the healthcare experience. As an employee, you're empowered to show up every day as your most authentic self and be a part of something bigger - thriving both personally and professionally. Together, let's empower people everywhere to live their healthiest lives.

Summary of Position

The Specialist II, Medical Billing reports to the Supervisor, Revenue Cycle Billing and will be responsible for a variety of tasks requiring data analysis, knowledge of insurance and billing regulations, client, and health insurance contracts to support reimbursement and collections methodology. This individual will focus on maintaining quality of medical billing for insurance verification, claim edits and claim processing. This individual will work closely in coordination with RCM (Revenue Cycle Management) leadership to ensure billing productivity and quality metrics are met for reimbursement and AR follow up.

Essential Duties and Responsibilities

• Meet department production and quality standards
• Meet project and assignment due dates and deadlines
• Knowledge of client contracts and unique billing requirements for Teladoc Health entities
• Manage inbound calls from members / internal service partners that are related to claims adjudication issues
• Research and resolve any open requests for either insurance and/or member refunds
• Escalates claim resolution to management when necessary
• Review all patient information and postings, prior to claims submission
• Submit claims to insurance carriers
• Analyzing denials and outstanding claims to determine appropriate remediation actions to resolve root causes and reduce/eliminate denials
• Follow up to see if claims are accepted or denied
• Investigate rejected claims, denial resolution review
• Verify insurance coverage and maintain accurate member eligibility status in our database
• Help automate existing processes and learn new systems
• Maintains the privacy and security of all confidential and protected health
• information
• Uses and discloses only that information which is necessary to perform the function of the job
• Performs other duties as assigned

Qualifications Expected for Position

• Associate degree preferred, or equivalent industry experience
• Minimum 2-3 years of medical billing experience
• Demonstrated ability to accurately calculate figures and reconcile accounts
• Demonstrated verbal, written and interpersonal skills, with an affinity for teamwork
• Organizational, multi-tasking and time management skills, with excellent attention to details
• Comfort and success working in a fast-paced environment with tight deadlines
• Demonstrated ability to proactively identify and resolve issues
• Experience with medical coding and billing systems
• Experience with telehealth billing preferred

The base salary range for this position is$50,000 - $63,000.In addition to a base salary, this position is eligible for a performance bonus and benefits (subject to eligibility requirements) listed hereTeladoc Health Benefits 2024.Total compensation is based on several factors including, but not limited to, type of position, location, education level, work experience, and certifications.This information is applicable for all full-time positions.

Minimum Salary: 31200.00
Maximum Salary: 31200.00
Salary Unit: Yearly