Revenue Cycle Reimbursement Analyst
Mercyhealth Wisconsin and Illinois
full-time
Posted on:
Location Type: Hybrid
Location: Janesville • Illinois, Wisconsin • 🇺🇸 United States
Visit company websiteSalary
💰 $21 - $32 per hour
Job Level
Mid-LevelSenior
About the role
- 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.
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.
Benefits
- Comprehensive Benefits Package: Mercyhealth offers a retirement plan with competitive matching contribution, comprehensive medical, dental, and vision insurance options, life and disability coverage, access to flexible spending plans, and a variety of other discounted voluntary benefit options.
- Competitive Compensation: Mercyhealth offers market competitive rates of pay and participates in various shift differential and special pay incentive programs.
- Paid Time Off: Mercyhealth offers a generous paid time off plan, which increases with milestone anniversaries, to allow employees the opportunity for a great work-life balance.
- Career Advancement: Mercyhealth offers a number of educational assistance programs and career ladders to support employees in their educational journey and advancement within Mercyhealth.
- Employee Wellbeing: Mercyhealth has a focus on wellbeing for employees across the organization and offers a number of tools and resources, such as an employer-sponsored health risk assessment and a Wellbeing mobile application, to assist employees on their wellbeing journey.
- Additional Benefits: Mercyhealth employees have access to our internal and external employee assistance programs, employee-only discount packages, paid parental and caregiver leaves, on-demand pay, special payment programs for patient services, and financial education to help with retirement planning.
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
revenue cycle managementdenials managementcontract managementclaims submissionappeal developmentpayer contract analysisremittance researchEOB analysisadjustment requestsworkflow coordination
Soft skills
analytical skillsproblem-solvingcommunicationteam collaborationtraining and guidancefeedback provisionorganizational skillsattention to detailtrend identificationefficiency development
Certifications
Associate's degree in financeAssociate's degree in businessAssociate's degree in healthcare administration