IP BILLING EXECUTIVE

An IP Billing Executive in a hospital setting is primarily responsible for managing and overseeing the billing processes related to In-Patient (IP) services. This involves generating accurate and timely bills for admitted patients, handling insurance and corporate billing, and resolving billing-related queries. They also ensure compliance with hospital policies, statutory requirements, and collaborate with other departments to streamline billing operations.
Key Responsibilities:
Patient Billing & Documentation:
Generate interim and final bills for in-patients, ensuring accurate recording of treatment charges, consumables, and other relevant costs.
Insurance & Corporate Billing:
Coordinate with insurance companies and corporate clients for pre-authorizations, claims processing, and adherence to agreed rates.
Billing Accuracy and Compliance:
Verify the accuracy of billing information, reconcile bills with services rendered, and ensure compliance with hospital policies and regulations.
Patient Communication:
Address patient and attendant queries regarding billing, explain charges, and escalate complex issues to senior personnel.
Interdepartmental Coordination:
Collaborate with various departments like clinical, finance, and IT to ensure smooth billing processes and efficient data management.
Data Management & Reporting:
Maintain accurate billing records, generate reports, and utilize billing systems for efficient workflow and data analysis.