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We’re building a world of health around every individual — shaping a more connected, convenient and compassionate health experience. At CVS Health®, you’ll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quality in everything we do. Join us and be part of something bigger – helping to simplify health care one person, one family and one community at a time.
Job Responsibility:
Pursue the recovery and allocation of overpaid dollars, and non-routine and complex refunds
Manage, monitor, and work overpayment items
Partner with third-party vendors, research and respond to recovery inquiries
Make outbound calls to providers
track and conduct follow-ups to recover funds
Collaborate with key business functions on escalated overpayments to coordinate recovery efforts
May handle customer service inquiries and problems
Review, collect, and resolve overpay or recovery conflicting, missing or inaccurate information via telephone or written correspondence with limited degree of supervision
Partner with internal customers/business units, third party vendors, and liaisons to recover and fully allocate refunds
Administer overpayment recovery policy and procedures, telephone and written correspondence to members, providers, and other insurers
Manage overpayment work
collaborate and conduct provider outreach to achieve business goals
Ensures all compliance requirements are satisfied and that all payments are made following company practices and procedures
Use a systematic approach in solving problems through analysis and evaluation of alternate solutions
Utilize available reports to track inventory and recovery results
May deliver recovery training programs for less experienced team members
Perform adjustments across all dollar amount level on customer service platforms by using technical and claims processing expertise
Applies medical necessity guidelines, determine coverage, complete eligibility verification, identify discrepancies, and apply all cost containment measures to assist in the claim adjudication process
Performs medical claim re-work calculations
Process complex non-routine Provider Refunds and Returned Checks
Review and interprets medical contract language using provider contracts to confirm whether a claim is overpaid to allocate refund checks
Utilize all resource materials to manage job responsibilities
Requirements:
3+ years of medical claims processing experience
2+ years of medical claims adjustments and/or rework experience
2 years of experience working in a fast-paced, deadline-driven, high-volume environment
Experience conducting outbound calls, including provider outreach
Experience handling customer service inquiries via phone and/or written correspondence
Ability to interpret and apply guidelines related to eligibility, coverage, and benefits
Demonstrated ability to manage multiple assignments with a high degree of accuracy and attention to detail
Nice to have:
Independent decision-making skills
Effective communications, organizational, and interpersonal skills