Leadership means using behaviors to help others achieve a common direction, implement strategic plans, and renew the organization continuously. In addition to the information explosion, shorter product lifecycles, and higher competition, a prominent feature of our times is that the importance of leadership has become increasingly apparent. Moreover, leaders strive to bring guidance and success to their team, building a growth-filled atmosphere and top marks. I aspire to become a Medical Billing Manager Director, which is deeply connected with my passion for leadership and healthcare admirations. As a Medical Billing Manager Director, I will oversee and manage all aspects of the billing office, including billing, reimbursement, accounts receivable, and compliance.
What I will be responsible for is overseeing all Exaction workers to ensure that medical monies arrive quickly and accurately. Transmits electronic complaints a deals with insurance companies and dealers of goods of one kinas or another are responded to promptly (Smith, 2021). I will be advising patients on payment options used for collecting bills. At that same time, I will manage costs and operations staff and run a billing process with a budget improvement flavour. I will also control disbursements to earn the company some more money. I will manage the billing office’s everyday activities. I will simultaneously prepare, post, and capture all billable interactions since this activity demands care (Smith, 2021). This will entail overseeing and adapting divergent billing and coding systems across several payment sources, including Medicaid, Medicare, Commercial, and Private Pay. I will also train billing and clinical personnel to employ these new codes and develop new procedures to incorporate whatever alterations are required so that the entire flow of work will be in complete order and collections will continue (Green, 2020).
I will also be responsible for ensuring that it has been adequately monitored each month-including follow up on any unpaid claims found during this process- cases substituted and then resubmitted with new tracking numbers (Smith, 2021). I will also monitor accounts receivable aging reports, and payment reports monthly to analyze trends and underpayments, diagnose problems, and make professional judgments (Green, 2020). Sometimes, people substitute in an incorrect code when the reason it is not paid can be traced back to their errors in inputting information into the system. Claims from insurance and patient debts are shown in the account receivables aging statement. The amount of days it took to repay an overdue invoice is shown in this report.
As a Medical Billing Manager Director, I will ensure compliance by implementing rigorous auditing processes, staying updated with evolving healthcare regulations and conducting regular staff training sessions on compliance protocols (Smith, 2021). I will also direct the development and maintenance of robust internal controls, review the billing processes in a thorough way for compliance risk, and work closely with legal and compliance departments to find discrepancies that are quickly nipped in the bud. My proactive approach will necessitate full-time checking and adjustment of billing practices to keep abreast with the industry’s and nation’s standards (Green, 2020).
In conclusion, becoming a Medical Billing Manager Director suits my leadership and healthcare interests. This profession involves billing and following changing rules. Billing management, growth, and financial efficacy measures are needed. My priorities are mentoring teams, adhering to industry norms, and enhancing procedures beyond billing. I see a dynamic path to lead the billing office to efficiency, compliance, and financial success while supporting excellence and continual progress.
References
Green, M. (2020). Understanding Health Insurance: A Guide to Billing and Reimbursement-2020. Cengage Learning.
Smith, L. M. (Ed.). (2021). Fordney’s Medical Insurance and Billing-E-Book. Elsevier Health Sciences.
write