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Medicaid Billing & Revenue Cycle Specialist

Job in Chicago, Cook County, Illinois, 60290, USA
Listing for: IBUKUN Comprehensive Community Services, Inc.
Full Time position
Listed on 2026-09-10
Job specializations:
  • Healthcare
    Medical Billing and Coding, Healthcare Administration, Healthcare Compliance, Medical Records
Salary/Wage Range or Industry Benchmark: 55000 - 75000 USD Yearly USD 55000.00 75000.00 YEAR
Job Description & How to Apply Below

Benefits

  • Competitive salary
  • Dental insurance
  • Health insurance
Position Summary

Ibukun Comprehensive Community Services, Inc. is seeking an experienced Medicaid Billing & Revenue Cycle Specialist to manage Medicaid billing, claims submission, payment reconciliation, denial management, and related revenue-cycle activities.

The ideal candidate will have direct experience with Illinois Medicaid behavioral-health billing, including familiarity with the Illinois Department of Healthcare and Family Services (HFS), IMPACT, Medicaid Managed Care Organizations (MCOs), and Youth Care/Health Choice Illinois.

This position is responsible for helping ensure that eligible services provided by Ibukun are accurately documented, billed timely, reimbursed appropriately, and maintained in accordance with Medicaid, contractual, and audit requirements.

Essential Duties and Responsibilities
  • Manage the Medicaid billing process from service documentation through claim submission and reimbursement.
  • Verify Medicaid eligibility and payer information prior to billing.
  • Review service documentation to determine whether it supports billing requirements.
  • Prepare and electronically submit clean Medicaid claims within required filing deadlines.
  • Review CPT, HCPCS, ICD-10, modifiers, units, dates of service, and other billing information for accuracy.
  • Monitor claim status and identify unpaid, rejected, suspended, or denied claims.
  • Investigate denials and submit corrected claims, reconsiderations, or appeals when appropriate.
  • Track outstanding Medicaid accounts receivable and maintain detailed aging reports.
  • Post and reconcile Medicaid and managed-care payments.
  • Review remittance advice and Explanation of Benefits/Explanation of Payment documentation.
  • Identify underpayments, over payments, duplicate payments, and other reimbursement discrepancies.
  • Coordinate with clinical, program, CQI, accounting, and administrative staff to resolve documentation or billing deficiencies.
  • Maintain accurate billing records and supporting documentation for Medicaid and DCFS-related services.
  • Assist management with monthly Medicaid revenue and accounts-receivable reporting.
  • Support internal and external audits by producing billing records, claim histories, payment documentation, and supporting records.
  • Maintain strict compliance with HIPAA and all applicable confidentiality requirements.
  • Stay current with changes to Illinois Medicaid billing policies, fee schedules, managed-care requirements, and applicable regulations.
  • Perform other billing and revenue-cycle responsibilities as assigned.
Required Qualifications
  • Minimum 2–3 years of Medicaid billing experience.
  • Strong preference for experience with Illinois Medicaid and behavioral-health or community mental-health services.
  • Knowledge of Medicaid claims submission and reimbursement processes.
  • Experience investigating and resolving denied or rejected claims.
  • Working knowledge of CPT, HCPCS, ICD-10, modifiers, and healthcare billing terminology.
  • Strong Microsoft Excel and reporting skills.
  • Ability to reconcile claims, payments, and accounts receivable.
  • Excellent organizational skills and attention to detail.
  • Ability to manage confidential information appropriately.
  • Strong written and verbal communication skills.
  • Ability to work independently and meet strict billing deadlines.
Preferred Qualifications
  • Illinois HFS Medicaid billing
  • IMPACT enrollment/provider systems
  • Youth Care
  • Health Choice Illinois
  • Medicaid Managed Care Organizations (MCOs)
  • Behavioral-health or mental-health billing
  • Residential or community-based youth services
  • DCFS-funded programs
  • Electronic Data Interchange (EDI) claim submission
  • Medicaid audits and compliance reviews
  • Revenue-cycle management
  • Electronic Health Record (EHR) or Electronic Medical Record (EMR) billing…
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