Billing specialist vs accountant

Differences between billing specialist and accountant duties and responsibilities

Billing specialist example responsibilities.

• Use of QuickBooks to manage vendors' accounts, set up filing system to maintain files and supporting billing documents.
• Manage the daily correspondence with keeping doctor/patient confidentiality under consideration along with HIPPA regulations.
• Use independent judgment, manage and impart confidential information appropriately per HIPAA regulations and company requirements.
• Accept and process healthcare claims and confidential medical records; verify patient eligibility and manage the Medicare and Medicaid billing process.
• Provide additional information/clarification for insurance claims using knowledge of CPT, ICD-9, and HCPCS codes, as well as modifiers.
• Assist staff with proper billing for patients, ensure proper coding using ICD-10, ICD-9 and CPT-4 coding.
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Accountant example responsibilities.

• Manage preparation of the statutory financial statements and financial aggregates in compliance with IFRS and local applicable norms.
• Manage personnel financial matters including salaries, taxation procedures and other relate issues.
• Manage and monitor accounting procedures for compliance with Sarbanes-Oxley and coordinate and facilitate external audit requirements.
• Reconstruct and improve many balance sheet account reconciliations for easier reading and interpretation by senior level management.
• Perform complex general accounting functions, including preparation of journal entries, account analysis and balance sheet reconciliations.
• Maintain general ledgers and preparation of monthly and other periodic financial reports in accordance with GAAP and international accounting standards.
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