Web Analytics Made Easy - Statcounter
The LEAD Enquiry - Outsourcing Marketplace

I want to be a partner service provider with The Lead Enquiry Click Here

How to Find the Right Billing Specialist for You

There is no one-size-fits-all answer to this question, as the best billing specialist for your business will vary based on your specific needs, such as someone familiar with your industry. However, it is an essential milestone for your business operations. So how do you make sure this person is the right fit for your company? What attributes should you take into account while you search for one? You can do some things to narrow your search.

In this blog post, we’ll give you tips on how to find the right billing specialist for your business. We’ll also provide a checklist of questions you should ask before making a decision. Check it out below!

Why hire a Billing Specialist?

When hiring a billing specialist, there can be a massive impact on your workplace. As billing concerns emerge on every business surface, providing a patient, employee, or client with someone knowledgeable, skilled, and committed in the field is more important than ever as it gives them the guidance and support they need. 

A billing specialist can render the following: 

• Timely and accurate billing

• Lower expenses and overhead costs that will help collect more revenues, especially for physicians

• Specialized help for employees with concerns or questions

• Support for Human Resource

• Effectively steer the company’s operations towards other functions, which can help them grow their practices.

• Opportunity to organize and manage other business areas that require critical attention. For instance, health facilities can divert their focus to better patient care, medical records needs, and marketing their underlying practice and services to increase the number of new patients they can retain.

Factors to Consider When Finding the Right Billing Specialist 

Define Your Needs

First things first. You need to define your needs before you start your search for a billing specialist. Ask yourself. What exactly do you need this person to do for your business? Do you need help organizing your billing records? Do you need someone to process invoices and payments? Do you need someone who will assist you in setting up payment plans? Do you need someone to resolve your billing-related issues? Or do you need someone to work for you full-time or freelance? 

Difference Between Full-time vs Freelance Billing Specialist

Hiring a full-time or freelance billing specialist depends on the specific needs of your company, but you can have a brief insight into their functions below: 

Full-time Billing Specialist – These people handle the day-to-day billing and invoicing matters and resolve billing conflicts as needed. 

Freelance Billing Specialist – Generally, businesses hire these people for overflow work or if they only need assistance with invoices and billing during a specific time, such as tax season. You may consider hiring a freelance billing specialist if your business or the budget of your field doesn’t follow a full-time worker on the payroll. 

Levels of Billing Specialists

The position of a Billing Specialist starts at an entry-level when working in business offices, medical fields or when assisting providers in all areas of billing. The rest of the levels follow when there’s some room for advancement. 

Entry-level Billing Clerk – Entry-level employees often receive training from billing specialists and managers. They also assist with handling billing data entry, answering office phones, and performing other administrative tasks directly related to billing.

Billing Specialist  These people specifically work in medical and office settings. They coordinate directly with insurance companies for balances due and assist patients and customers with setting up payment plans. They also enter financial data into business databases.

Billing specialist manager:  These people oversee the staff that work in billing departments. They handle billing questions from patients and insurance companies and maintain billing records. They’re also in charge of resolving conflicts when patients or customers have issues with invoices and other billing procedures. 

Once you pinpoint what you need, you can start looking for candidates with the background, knowledge, tailored skills and experience to meet those needs.

Do Your Research

There is nothing as prudent, fundamental, and effective as doing research in the beginning stages of your prospect search. Researching provides focus and can steer you in the right direction. Knowledge is power, so the amount of knowledge you gain when researching a potential candidate can also give you a competitive edge. It is someone who will be handling your billing and finances, so you need to be sure you’re entrusting your business with the right person.

You can do this by having a quick search on the internet. It’s easier now than before, especially with the proliferation of advanced digital technology. There are loads of review websites or other online platforms where you can read testimonials and ratings from past clients like Google and Yelp. You can also contact a few billing specialists directly to get an idea of their qualifications and pricing.   

Request Referrals

Another best thing you can do when looking for a billing specialist is to ask for referrals from your family, friends and business contacts. They may have someone they’ve worked with in the past who could be a perfect fit for your company and can share what their experiences have been. It will give you a good starting point for finding a billing specialist who meets your needs. And even if they don’t, they may also be able to recommend someone else who could help you out.

Getting referrals is helpful because you can trust the people giving them to you. They’ve already vetted the billing specialist and only recommended them to you because they know they’re good at what they do.

Post the Job Online With a Well-Thought-Of Job Description

Utilizing more of the advantages of this digital age is imperative, and one of them is through online job hunting sites or platforms to find and attract your target prospects. 

But one must also note that the idea that job posts exist is not just for the sake of posting them. Instead, it would help if you considered writing a thoughtful description to qualify the candidates you ought to generate. 

With that being said, your job description of a billing specialist must include a compelling summary of the role, a detailed list of their duties and responsibilities, the required and preferred background and skills for the position and some keywords to improve the visibility of your job posting. 

Check Qualifications

In line with your well-thought-of job description, here is a slew of qualifications you should refer to when screening the billing specialist you’re considering hiring:

• A degree in business, finance, accounting or other relevant fields. Certification in billing and coding is also a plus.

• An extensive analytical knowledge of medical billing and coding. 

• Experienced in the industry they are working with and can grasp the client’s business operations.

• Attention to detail

• Patient and result-driven individual

• Passionate about medical billing

• Updated on the latest changes in the medical billing industry.

• Flexible in processing different insurance claims and handling medical billing situations. 

• Can communicate regularly in the normal course of their duties with various individuals from patients, insurance providers and members of their healthcare team.

• Able to help you with the day-to-day tasks of billing, like submitting claims and keeping track of payments. 

• Able to provide you with regular reports on your billing activity so that you can stay on top of your expenses.

Make a Shortlist

Now that you’ve found a few billing specialists that you think would be a good fit for your business, it’s time to make a shortlist. And how you do that is quite simple. Just take a look at their website and see if they have a portfolio of past projects. If they do, take the time to review it and see if their work is the quality you’re looking for.

You can also further narrow down your list by looking at their professional profile on LinkedIn and social connections to see if they are well-versed, reputable enough, and have recommendations from other professionals. 

Interview Candidates

Last but not least is taking the time to interview each candidate once you’ve narrowed down everything. It will allow you to get to know more about the person you’ll be collaborating with apart from what is in their resume – such as their personality, communication skills, working attitude, and if their working style will work well with you.  

And to help you get started, we’ve listed down a few good questions to ask:

• What experience do you have with billing?

• What software types are you familiar with?

• Do you have a working knowledge of the latest billing software?

• How do you handle disputed bills?

• What is your process for invoicing clients?

• Do you have any questions for us?

Conclusion

Finding the right billing specialist can be daunting, whether you are a small business or a large organization. However, with a bit of research and patience, you’ll be on your way to finding someone capable of handling your billing efficiently and providing you with the quality service you need. Take the time to ask, look online, and speak with other businesses in your industry to get an idea of who might be a good fit for you. Be sure to also fully assess your prospects by conducting a fruitful online job search and insightful interview process

Don’t hesitate to take the first step and find the billing specialist that is right for you. The Lead Enquiry can even help you move forward by providing you with the top billing specialist your office needs to thrive. We are an excellent outsourcing marketplace for your business needs.  Contact us today.

Search

Categories

Let’s connect you to the right BPO service provider offshore and reap the following benefits:

The LEAD Enquiry - BPO Outsourcing

Scale your business today by leveraging outsourcing. Contact us.