Exact Sciences

Patient Financial Services Associate II

Exact Sciences

full-time

Posted on:

Origin:  • 🇺🇸 United States

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Salary

💰 $37,000 - $63,000 per year

Job Level

JuniorMid-Level

About the role

  • Process claims, appeals, denials, and statements accurately and timely for Exact Sciences
  • Resolve billing discrepancies, eligibility, denials, appeals, and aged unpaid claim follow up for commercial, government, and plan coverage
  • Use Epic, external portals, and other software to communicate insurance information and ensure appropriate coverage
  • Review and resolve payor denials, appeals, and claims via portals, calls to payors, and system investigations
  • Read and interpret explanations of payments to resolve back end claim resolution
  • Determine patient insurance eligibility verification and update Epic (demographics, financial, guarantor information)
  • Interact with insurances and third-party payors to obtain and document authorizations
  • Research missing or erroneous information using portals and resources, including outreach to identify unknown payors
  • Review/edit claims and appeals prior to submitting to clearinghouse
  • Analyze, research, and resolve claim issues applying federal, state, and payor rules and procedures
  • Correct rejected claims from claim scrubber, clearinghouse, or payor
  • Review explanations of payments, identify denial resolution steps, appeal, write-off, or send statements
  • Investigate payor underpayments and follow up with payors via phone on unpaid aging claims
  • Provide supporting documentation to insurance payor as needed
  • Perform write-offs following policies and guidelines
  • Participate in team meetings to share denial trends and contribute workflow improvements
  • Provide ad-hoc departmental support and special projects
  • Complete responsibilities within time frame adhering to quality standards
  • Maintain confidentiality and adhere to HIPAA guidelines
  • Work Monday through Friday normal business hours and be able to work in front of computer ~90% of day

Requirements

  • High School Diploma or General Education Degree (GED)
  • 2 years of experience in medical billing, claims, and/or insurance processing
  • Extensive and current working knowledge of government, managed care, and commercial insurances claim submission requirements, reimbursement guidelines, and denial reason codes
  • Knowledge of medical terminology and/or health insurance terms
  • Knowledge of EHR operating systems and work involving electronic records
  • Proficient in computer systems and keyboarding skills
  • Demonstrated strong attention to detail and focus on quality output
  • Demonstrated ability to perform the Essential Duties of the position with or without accommodation
  • Authorization to work in the United States without sponsorship
  • Preferred: Related Associate degree or medical billing certification
  • Preferred: 4+ years of experience in medical or insurance billing field
  • Preferred: Experience with Epic or other EHR application
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