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Patient Financial Services Denials and Appeals Specialist
Prisma Health. Responsible for pursuing denied accounts, timely and accurate follow-up to address and improve resolution of payment delays .
About the role
Key responsibilities & impact- Responsible for pursuing denied accounts, timely and accurate follow-up to address and improve resolution of payment delays
- Updating/reprocessing claims, submitting reconsiderations/appeals within proper filing timeframe to achieve optimal payment for services rendered
- Monitors denial work queues and reports in accordance with assignments from direct supervisor
- Communicates all denial trends, denial increases, etc. to direct supervisor/PFS management
- Participates in departmental huddles and team meetings involving discussion of A/R processes and denial trends
- Maintains required levels of productivity and quality while managing tasks in work queues to ensure timeliness of follow-up and appeals
- Organizes denial/rejection related tasks to identify patterns and/or work most efficiently
- Identifies and monitors negative patterns in denials/rejections
- Escalates accordingly to PFS management and the impacted department(s) to avoid negative impact on reimbursement, unsuccessful appeals, and/or increased write-offs
- Works with other departments to resolve A/R and payer issues
- Enters and documents appropriate accounts for adjustments utilizing the appropriate adjustment codes
- Identifies and researches all payer issues to the Payer SharePoint in a timely manner and continues to follow-up on said SharePoint information on a weekly basis
- Performs other duties as assigned
Requirements
What you’ll need- High School diploma or equivalent
- Five (5) years hospital/physician billing office and/or healthcare revenue cycle experience
- Certified Revenue Cycle Analyst (CRCA) preferred
- Proficient computer skills (spreadsheets and excel pivot table skills)
- Data entry skills
- Mathematical skills
- Medical terminology/ICD Coding Knowledge of current trends and developments in the healthcare industry and specifically as it relates to denials/appeals through appropriate literature and professional development activities preferred
- Self-motivation and ability to demonstrate initiative, excellent time management skills, and organizational capabilities
- Ability to review/understand all pertinent information such as insurance carrier explanation of benefits, insurance carrier denial letters and electronic remits to ensure denials are worked in a timely manner and reconsideration/appeals for the denial claims are submitted appropriately preferred
- Comprehensive understanding of remittance and remark codes preferred
- Knowledge of payer edits, rejections, rules, and how to appropriately respond to each preferred
- Working knowledge of UB-04 claim forms preferred
Benefits
Comp & perks- Health insurance
- Retirement plans
- Paid time off
- Flexible work arrangements
- Professional development
ATS Keywords
✓ Tailor your resumeApplicant Tracking System Keywords
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Hard Skills & Tools
hospital billingphysician billinghealthcare revenue cycledata entrymathematical skillsICD codingremittance codesremark codespayer editsUB-04 claim forms
Soft Skills
self-motivationinitiativetime managementorganizational skillscommunicationproblem-solvinganalytical skillsattention to detailteam collaborationpattern identification
Certifications
Certified Revenue Cycle Analyst (CRCA)