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Stellan Myers
Billing Specialist
Summary
Accomplished Billing Specialist with 5+ years of experience in healthcare revenue cycle management. Proven ability to process and reconcile over 2,000 invoices monthly, ensuring accuracy and timely payment. Expertise in preparing and submitting billing reports, managing customer accounts, and resolving billing inquiries. Demonstrated success in negotiating payment terms and arrangements, collaborating with sales and customer service teams, and performing audits to improve billing accuracy. Strong understanding of medical billing, insurance verification, patient billing, claim submission, coding and classification, and accounts receivable.
Education
Bachelor’s degree in healthcare administration, business administration
September 2017
Skills
- Medical Billing
- Insurance Verification
- Patient Billing
- Claim Submission
- Coding and Classification
- Accounts Receivable
Work Experience
Billing Specialist
- Collaborated with sales and customer service teams to ensure accurate billing and efficient revenue collection.
- Performed audits of billing records to identify discrepancies and improve billing accuracy.
- Created and implemented billing processes to streamline operations and reduce errors.
- Trained and mentored junior billing staff, fostering a culture of excellence in billing practices.
Billing Specialist
- Processed and reconciled over 2,000 invoices monthly, ensuring accuracy and timely payment.
- Prepared and submitted daily, weekly, and monthly billing reports to clients, providing detailed account summaries.
- Managed customer accounts, resolving billing inquiries and disputing overpayments or underpayments.
- Negotiated payment terms and payment arrangements with clients, ensuring optimal cash flow and customer satisfaction.
Accomplishments
- Successfully implemented a new billing system, resulting in a 25% reduction in invoice processing time and a 10% increase in accuracy.
- Developed and implemented a comprehensive billing training program for new hires, significantly reducing onboarding time and improving staff proficiency.
- Negotiated favorable payment terms with key vendors, resulting in a 5% reduction in overall accounts payable costs.
- Led a team of billing specialists to develop and implement a centralized billing system, streamlining processes and reducing errors by 30%.
- Established a billing compliance program that ensured adherence to industry regulations, minimizing financial risks and penalties.
Awards
- Recipient of the Quarterly Billing Excellence Award for consistently exceeding performance expectations and achieving outstanding results.
- Recognized for exceptional customer service, consistently resolving billing inquiries promptly and effectively.
- Received the Presidents Award for Innovation for developing a system to automate the billing reconciliation process, saving the company $150,000 annually.
- Named Billing Specialist of the Year by the Association of Billing Professionals for outstanding contributions to the field.
Certificates
- Certified Billing and Coding Specialist (CBCS)
- Certified Professional Coder (CPC)
- Certified Medical Reimbursement Specialist (CMRS)
- Certified Healthcare Business Analyst (CHBA)
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How To Write Resume For Billing Specialist
Highlight your core competencies
in medical billing, insurance verification, and patient billing.Quantify your accomplishments
whenever possible, using specific metrics to demonstrate your impact on the organization.Tailor your resume to each job you apply for
, emphasizing the skills and experience that are most relevant to the specific role.Proofread your resume carefully
before submitting it, ensuring that it is free of errors.
Essential Experience Highlights for a Strong Billing Specialist Resume
- Process and reconcile invoices, ensuring accuracy and timely payment
- Prepare and submit daily, weekly, and monthly billing reports to clients
- Manage customer accounts, resolving billing inquiries and disputing overpayments or underpayments
- Negotiate payment terms and payment arrangements with clients
- Collaborate with sales and customer service teams to ensure accurate billing and efficient revenue collection
- Perform audits of billing records to identify discrepancies and improve billing accuracy
- Create and implement billing processes to streamline operations and reduce errors
- Train and mentor junior billing staff
Frequently Asked Questions (FAQ’s) For Billing Specialist
What is the primary role of a Billing Specialist?
The primary role of a Billing Specialist is to manage the billing process for a healthcare organization. This includes processing and reconciling invoices, preparing and submitting billing reports, managing customer accounts, and resolving billing inquiries. Billing Specialists also work closely with sales and customer service teams to ensure accurate billing and efficient revenue collection.
What are the key skills required to be a successful Billing Specialist?
The key skills required to be a successful Billing Specialist include strong knowledge of medical billing, insurance verification, patient billing, claim submission, coding and classification, and accounts receivable. Other important skills include excellent communication and interpersonal skills, the ability to work independently and as part of a team, and proficiency in Microsoft Office Suite.
What is the average salary for a Billing Specialist?
The average salary for a Billing Specialist in the United States is around $55,000 per year. However, salaries can vary depending on experience, location, and employer.
What are the career advancement opportunities for Billing Specialists?
Billing Specialists can advance their careers by taking on additional responsibilities, such as managing a team of billers or becoming a billing manager. They can also pursue certification in medical billing or healthcare administration.
What is the job outlook for Billing Specialists?
The job outlook for Billing Specialists is expected to be good over the next few years. The increasing complexity of the healthcare system is leading to a growing demand for qualified Billing Specialists who can manage the billing process efficiently and accurately.
What are the challenges faced by Billing Specialists?
Billing Specialists face a number of challenges, including the need to stay up-to-date on changes in medical billing regulations, the need to work with a variety of stakeholders, and the need to resolve billing errors quickly and efficiently.
What are the rewards of being a Billing Specialist?
The rewards of being a Billing Specialist include the opportunity to make a difference in the healthcare system, the opportunity to work with a variety of people, and the opportunity to earn a good salary.