Partner with Senior Analyst to perform root cause analysis across large volumes of denials data to identify areas of interest and opportunities
Evaluate and maintain proper level of data integrity within denial mitigations databases
Support claims denials reductions and increased revenues through process redesign, root cause analysis, and development of metrics and reports
Track and analyze denial data to identify, recommend, and implement opportunities to secure legitimate revenue
Identify trends or patterns that impact payment optimization and collaborate with departments to establish action plans, initiatives, and policies
Analyze and review third party payer denial of medical claims and develop and execute strategies to decrease denials system wide
Identify revenue opportunities and provide appropriate investigation, follow up and resolution
Implement plans and partner with Managed Care Contracting to ensure proper adherence to contracts
Generate and audit various revenue, financial, statistical and/or quality reports surrounding the denial prevention area of focus
Serve as liaison to department administration, physicians, clinic administration, information services, business offices, financial offices, and other stakeholder departments
Perform other related duties and travel as required
Requirements
Bachelor's Degree or equivalent knowledge (Finance, Healthcare Finance, Accounting, Audit or related field)
Typically requires 3 years of experience in medical billing, healthcare finance, accounting, internal audit and/or coding
Experience identifying problems and opportunities for improved workflows, developing processes and procedures to reduce denials, and consulting with leadership on complex denial issues
Ability to communicate with key executive stakeholders, system-wide, at both institutional and corporate levels
Skills and experience in successfully leading a functional team and training staff on processes and procedures
Demonstrated ability to work collaboratively with other departments and external organizations
Excellent written and verbal communication skills
Ability to effectively address difficult and controversial issues
Strong analytic, time management and organizational skills, with a high attention to detail
Demonstrated proficiency in the Microsoft Office Suite (Word, Excel, PowerPoint) or similar products
Knowledge of electronic health systems
Ability to travel as required
Benefits
Advocate Health offers a comprehensive suite of Total Rewards: benefits and well-being programs
Competitive compensation
Base compensation within listed pay range based on qualifications and experience
Premium pay such as shift, on call, and more
Incentive pay for select positions
Opportunity for annual increases based on performance
Paid Time Off programs
Health and welfare benefits such as medical, dental, vision, life, and Short- and Long-Term Disability
Flexible Spending Accounts for eligible health care and dependent care expenses
Family benefits such as adoption assistance and paid parental leave
Defined contribution retirement plans with employer match and other financial wellness programs
Educational Assistance Program
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
root cause analysisdata integrityprocess redesignmetrics developmentdenial data analysispayment optimizationmedical claims analysisrevenue investigationfinancial reportingaudit
Soft skills
communicationcollaborationleadershipproblem-solvingorganizational skillstime managementattention to detailtrainingconsultingstakeholder engagement