At Mercyhealth, we don’t simply hire people, we empower employee-partners who are passionate about making lives better. As an integrated health system, we deliver exceptional, coordinated care across seven hospitals, 85 primary and specialty clinics, and a team of over 7,500 professionals serving northern Illinois and southern Wisconsin. #1 in the nation on AARP's Best Employers for Workers Over 50 One of Working Mother magazine's 100 Best Companies for Working Mothers A Top 50 Company and Top 10 Nonprofit for Executive Women
Revenue Cycle Reimbursement Analyst 1
Location
United States
Posted
14 days ago
Salary
Not specified
Job Description
Role Description
- Interpret and understand coverage and benefit limitations by having a comprehensive understanding of benefits and state requirements for multiple markets.
- Identify trends and suggest and develop efficiencies in the revenue cycle through review and trending of payer contracts and reimbursement trends.
- Research and trends denials from payors.
- Reads through healthcare contracts and contract language and ensures proper contract workflows.
- Researches remittances and Explanation of Benefits (EOBs) for complete accurate payments or denials.
- Work with payers to understand specific reasons for variances and/or denials and measures to prevent future denials.
- Research payer policies and requirements and utilize knowledge to determine whether an appeal is required and to get claims overturned.
- Develop sound and well-supported appeal arguments, where an appeal is warranted.
- Submits corrected claims and appeals.
- Coordinates appeals with clinical or coding areas within the revenue cycle.
- Requests appropriate adjustments, when required.
- Provide training and guidance to team members on market specific issues by providing feedback to management on claims and provider issues, and updating client business rules.
- Partner with Reimbursements team to assist in completing all other tasks as necessary to ensure accurate and timely internal turnaround times.
Qualifications
- Associate's degree in finance, business, or healthcare administration and 3 years' experience working in revenue cycle, denials management and contract management required.
- 5 years of experience in lieu of degree.
Requirements
- Knowledge of healthcare reimbursement programs, coding, and billing preferred.
Benefits
- Medical, Dental, Vision
- Life & Disability Insurance
- FSA/HSA Options
- Generous, accruing paid time off
- Paid Parental and caregiver leave
- Career advancement and educational opportunities
- Tuition and certification reimbursement
- Certification Reimbursement
- Well-being Programs
- Employee Discounts
- On-Demand Pay
- Financial Education
- Annual recognition/awards events
- Partner appreciation days
- Family entertainment/attractions discount
- Community service/improvement opportunities
Company Description
At Mercyhealth, we don’t simply hire people, we empower employee-partners who are passionate about making lives better. As an integrated health system, we deliver exceptional, coordinated care across seven hospitals, 85 primary and specialty clinics, and a team of over 7,500 professionals serving northern Illinois and southern Wisconsin.
- #1 in the nation on AARP's Best Employers for Workers Over 50
- One of Working Mother magazine's 100 Best Companies for Working Mothers
- A Top 50 Company and Top 10 Nonprofit for Executive Women
Job Requirements
- Associate's degree in finance, business, or healthcare administration and 3 years' experience working in revenue cycle, denials management and contract management required.
- 5 years of experience in lieu of degree.
- Knowledge of healthcare reimbursement programs, coding, and billing preferred.
Benefits
- Medical, Dental, Vision
- Life & Disability Insurance
- FSA/HSA Options
- Generous, accruing paid time off
- Paid Parental and caregiver leave
- Career advancement and educational opportunities
- Tuition and certification reimbursement
- Certification Reimbursement
- Well-being Programs
- Employee Discounts
- On-Demand Pay
- Financial Education
- Annual recognition/awards events
- Partner appreciation days
- Family entertainment/attractions discount
- Community service/improvement opportunities
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