Revenue Cycle Analyst responsible for billing, collections, coding, and reimbursement in healthcare. Analyzing revenue cycle processes to enhance efficiency and accuracy.
Responsibilities
Ensure accurate coding, charge capture, and billing practices in compliance with industry standards (i.e., CPT ICD-10, HIPAA)
Collect data from our Clients daily or weekly, to generate claims using various software platforms.
Manage and monitor claims to maximize timely and accurate reimbursement, including claim submissions, denial management and appeals.
Identify opportunities to enhance revenue capture, minimize revenue errors, and reduce bad debt through analysis of key performance indicators.
Analyze payer contracts, fee schedules and reimbursement to ensure proper reimbursement is made on paid claims.
Track claims that are pending due to missing or incomplete documentation (i.e.: DIF, RX, authorization, etc.).
Ensure claims are submitted promptly to insurance companies within their specified filing period.
Regularly make follow-up calls to insurance providers to check the status of claims not settled within 30 days or their standard processing time.
Timely submission of appeals to secure correct payment for outstanding claims.
Address partial payments and denials promptly while also submitting and following up on secondary claims for resolution.
Deliver outstanding communication to clients both verbally and in writing.
Recognize and report any issues or patterns to management as necessary.
Work claims rejected in the claim’s clearinghouse and resubmit them as required.
Ensure that notes are recorded within the client’s software platform in a clear, concise, and timely manner.
Additional duties as assigned.
Requirements
Desired one Year experience in revenue cycle analysis within the healthcare industry, preferably in infusion.
Minimum of a high school diploma or GED is required.
Post-Secondary education in a medical discipline highly desired.
Benefits
Knowledge of Windows, Word, and Excel is highly desired.
Excellent telephone and communication skills essential.
Strong analytical skills and attention to detail.
Familiarity with healthcare IT and revenue management software.
Ability to work independently and as part of a team.
Not required but desired experience with CPR+, Caretend, Weinfuse, HcN360.
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