Introducing Billing and Finance Technician – Online Apply 2024
If you are looking to advance your career in the finance sector? Then, the role of a Billing and Finance Technician might be the perfect opportunity for you. This role is essential in ensuring the accuracy and timeliness of billing processes, especially in pharmacy services. Below, we’ll walk you through the job details, responsibilities, and how you can apply for this position online in 2024.
Table of Contents
Job Overview
- Department: Inpatient Pharmacies
- Schedule: Full-Time, Day Shift (8:00 AM – 4:30 PM)
- Starting Pay: $26.01 per hour (Offers depend on years of experience and role equity)
- Shift Differentials:
- Evenings: $1.25
- Nights: $1.50
- Weekends: $1.25
- Job Location: United States (Day Shift)
Job Summary
As a Billing and Finance Technician, you will be responsible for the accurate and timely billing of medication claims through electronic health records (EHR). This role requires close collaboration with various departments to design, implement, and evaluate billing workflows related to medication charges.
Primary Responsibilities
Your role as a Billing and Finance Technician involves a range of crucial responsibilities, including:
Financial Reporting
- Accounts Receivable Management: Oversee the management of accounts receivable, ensuring timely collection and accurate financial reporting.
- Month-End Close: Participate in the month-end close process to ensure financial accuracy and compliance.
- Yearly Financial Reporting: Prepare annual financial reports, ensuring they meet compliance standards.
- Compliance Officer Duties: Serve as the Fraud, Waste, and Abuse (FWA) compliance officer, and ensure compliance with Prescription Benefit Manager (PBM) contracts.
Medication Charge Reconciliation
- High-Cost Medication Tracking: Verify that all high-cost medications dispensed are accurately accounted for and reconciled with EHR charges.
- Process Evaluation: Continuously evaluate the effectiveness of the billing process, implementing improvements when necessary.
- Error Resolution: Research and resolve any medication charging errors, rebilling charity medications as per PBM and Health Resources and Services Administration (HRSA) guidelines.
Billing Management
- EHR Downtime Billing: Ensure accurate billing continues during EHR downtimes.
- Audit Assistance: Assist auditors in verifying patient billing accuracy and preparing for appeal audits.
- Billing Competency: Maintain up-to-date knowledge on medication billing regulations, policies, and guidelines.
Invoice Processing
- Vendor Invoice Management: Maintain a log of invoices received from vendors, process these through the invoice system, and allocate amounts to the correct pharmacy sub-accounts.
PBM Contracting
- Contract Management: Handle PBM contracting, including implementation, updates, and ensuring compliance.
- HIPAA Compliance: Serve as the HIPAA privacy policy officer and assist the manager with any pharmacy or business licensing management, such as National Council for Prescription Drug Programs accreditation, Medicaid and Medicare renewals, and relevant tax forms.
Educational and Experience Requirements
Education
- Bachelor’s Degree: Required, or equivalent years of experience and education.
Experience
- Experience: No prior experience required.
Physical Requirements
This role includes several physical demands:
- Frequent Lifting/Carrying: Objects weighing 0-25 lbs.
- Frequent Movement: Sitting, standing, walking, reaching, and repetitive movements with hands and legs.
- Vision and Hearing: Frequent use of vision (near and far) and depth perception; frequent use of hearing and speech for communication.
- Keyboard Use: Frequent data entry tasks.
- Occasional Movements: Bending, stooping, kneeling, squatting, twisting, and lifting objects weighing 25-50 lbs.
- Rare Movements: Climbing.
Benefits of Working as a Billing and Finance Technician
Working at SSM Health comes with a comprehensive benefits package, designed to meet the needs / requirements of all employees:
Paid Parental Leave
- Eligibility: Eligible team members receive one 01 week of paid parental leave for newborns or newly adopted children (pro-rated based on Full-Time Equivalent).
Flexible Payment Options
- DailyPay: Access your earned but unpaid base pay before payday through the voluntary DailyPay benefit (fees may apply).
Upfront Tuition Coverage
- FlexPath Funded: Eligible team members can receive upfront tuition coverage for continuing education.
How to Apply Online for the Billing and Finance Technician Role in 2024
Interested candidates in the Billing and Finance Technician position? Following is, how you can apply online in 2024:
- Visit the SSM Health Careers Website: Go to the official careers page of SSM Health.
- Search for the Job Title: Enter “Billing and Finance Technician, online apply 2024” in the search bar.
- Complete the Online Application: Follow the prompts to complete your application, ensuring all fields are filled out accurately.
- Submit Your Application: Once completed, submit your application for review.
Conclusion
The Billing and Finance Technician role is crucial in ensuring the accuracy of billing processes in pharmacy services. With competitive pay, a full benefits package, and opportunities for career growth, this position offers an excellent path forward for those interested in finance and healthcare. Make sure to apply online in 2024 for a chance to join the SSM Health team.
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