IPD Billing Executive

Fortis; Chhalera; On-site; INR 300,000 - 450,000; Full time

Job summary

Fortis is seeking an IPD Billing Executive in Finance to ensure accurate inpatient billing, revenue assurance, and compliant posting. You will audit charges across Nursing, Pharmacy, Laboratory, Radiology, ICU and Operation Theatre to minimize revenue leakage and support month-end and year-end closings.

You will coordinate with clinical and support departments, maintain documentation for audits, and generate revenue reports.

Qualifications

• 2 to 4 years of relevant IPD Billing experience in a corporate hospital.

Responsibilities

• Verify and audit IPD bills to ensure completeness and billing accuracy prior to patient discharge.

Skills

IPD billing

HIS

Revenue assurance

Billing audit

Excel

MS Office

Analytical skills

Reconciliation

Attention to detail

Cross-functional coordination

Communication skills

Education

B.Com or equivalent

Tools

Microsoft Excel

MS Office

Job description

IPD Billing Executive Finance

Experience: 2 to 4 years of relevant experience in IPD Billing within a corporate hospital.

Educational Qualification: B.Com or equivalent bachelor's degree in Commerce or a related discipline. (Preferred)

We are looking for a detail-oriented and analytical IPD Billing Executive to join the Finance Department. The incumbent will be responsible for ensuring accurate inpatient billing, revenue assurance, bill audits, reconciliations, and compliance with hospital billing policies. The role requires close coordination with clinical and non-clinical departments to ensure complete and error-free revenue capture while minimizing revenue leakage.

Key Responsibilities

• Verify and audit IPD bills to ensure completeness and billing accuracy prior to patient discharge.
• Review charges posted by departments including Nursing, Pharmacy, Laboratory, Radiology, Operation Theatre, ICU, and other clinical services.
• Identify and rectify missing or incorrect billing entries to prevent revenue leakage.
• Coordinate with clinical and support departments for timely posting and correction of charges.
• Perform billing reconciliations and ensure all services rendered are appropriately billed.
• Review package billing, discounts, concessions, and approvals in accordance with hospital policies.
• Assist in daily, weekly, and monthly revenue reconciliation activities.
• Maintain proper documentation to support internal and external audits.
• Generate billing and revenue reports as required by the Finance Department.
• Ensure compliance with hospital billing SOPs, statutory requirements, and internal financial controls.
• Work closely with Front Office, Patient Care Services, Insurance/TPA, and other stakeholders to resolve billing discrepancies.
• Support month-end and year-end financial closing activities related to patient billing.

Required Skills

• Strong understanding of IPD billing processes in a corporate hospital.
• Knowledge of hospital billing systems (HIS) and billing workflows.
• Good understanding of revenue assurance and billing audit processes.
• Proficiency in Microsoft Excel and MS Office.
• Strong analytical and reconciliation skills.
• Attention to detail with a high degree of accuracy.
• Ability to coordinate effectively with cross-functional teams.
• Good communication and interpersonal skills.

Preferred Candidate Profile

• 2 to 4 years of experience in IPD Billing within the Finance Department of a corporate hospital.
• Experience in revenue assurance, billing audit, or financial reconciliation will be an added advantage.
• Familiarity with NABH standards and healthcare billing practices is preferred.
• Ability to work in a fast-paced healthcare environment while maintaining accuracy and confidentiality.