Underpayment Analyst, Denials - Zero Balance

New
United States - RemoteFull-TimeMiddle
Salary not disclosed
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Job Details

Experience
5+ years’ experience in healthcare field working in billing or collections
Required Skills
Microsoft Excel

Requirements

  • High School Diploma or GED (Associates or Bachelor’s Degree preferred).
  • 5+ years’ experience in healthcare billing or collections.
  • 1+ years’ client-facing or customer services experience.
  • Intermediate understanding of insurance payer/provider claims processing.
  • Strong computer proficiency with MS Office (Word, Excel, Outlook).
  • Intermediate knowledge of ICD, HCPCS/CPT coding, and medical terminology.
  • Strong understanding of the revenue cycle process.
  • Full understanding of hospital reimbursement and managed care contract language.
  • Familiarity with HMO, PPO, IPA, and capitation terms.
  • Intermediate understanding of EOB, UB04 billing forms, and HCFA 1500 forms.
  • Proven ability to meet or exceed productivity targets.

Responsibilities

  • Review, evaluate, appeal, and follow up on outstanding, denied, and underpaid claims using proprietary software.
  • Utilize payer payment documentation and provider contract information to determine correct reimbursement.
  • Review hospital contracts to identify and collect cash payments from insurance companies.
  • Research and acquire medical records and supporting documentation to submit complex underpayment appeals.
  • Conduct telephone follow-up with payers to facilitate resolution of outstanding receivables.
  • Ensure smooth operations and improve customer satisfaction.
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