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The Denials, Credit/Refund Analyst role works in partnership with department leadership, vendors, internal and external customers to resolve and/or improve hospital patient account revenues related to hospital billing and collections.
Job Responsibility:
Works in partnership with department leadership, vendors, internal and external customers to resolve and/or improve hospital patient account revenues related to hospital billing and collections
Provides team support as a hospital billing and follow up subject matter expert performing patient account audits, supporting team training tasks, participate and present root-cause analysis in account receivable workgroups
Performs department data analytics in support of trending, root cause analysis, and proactive identification of hospital accounts receivable risks
Performs advanced interpretation of complex hospital commercial, managed care, and government payer contracts
Presents findings and recommendations to Revenue Cycle leadership
Monitors and evaluates insurance company payer guideline changes
Analyze and present findings of hospital patient account system workflow and/or claim adjudication issues
Create, support, and partner in solution design for system tickets supporting hospital “clean claim” submissions and workflow optimization
In collaboration with department leadership, develop hospital account data reports required for accounts receivable analysis
Provide department administrative support creating and gathering data reports, insurance or vendor correspondence
co-facilitate team group meetings related to insurance claim processing and/or workflow changes
Participate in development and delivery of hospital billing and follow up training and workflows
Requirements:
Seven (7) years of related experience, education/training, OR a Bachelor’s degree in related area plus three years of related experience/training
Thorough knowledge of the practices, procedures, and concepts of the healthcare revenue cycle and its component operations
Thorough understanding of the issues, processes, reporting instruments, metrics, analytics, and other tools and techniques involved with measuring and analyzing the revenue cycle
Detail oriented, with proven ability to effectively manage time, see tasks and projects through to completion, organize competing priorities, and effectively address complex, urgent issues as they arise
Strong skills in report development, dashboard design, and various software tools specific to healthcare revenue cycle management
Strong communications skills, with the ability to interpret and convey complex clinical finance information in a clear, concise manner
Strong analytical and problem-solving skills
Strong interpersonal skills, with the ability to collaborate effectively on complex projects in a team environment
Proven ability to work with managers, serving as a technical resource
Must be able to work various hours and locations based on business needs
Employment is subject to a criminal background check and pre-employment physical
Nice to have:
EPIC experience
Experience performing medical record review and drafting hospital-level appeals