Lead impactful projects at a dynamic healthcare organization, resolving claims efficiently. Enhance your expertise in managed care billing and appeals processes. Collaborate with professionals to drive financial success.
Managed Care Specialist
in Healthcare + Life Sciences ContractJob Detail
Job Description
Overview
- Serve as a Managed Care Specialist, focusing on resolving denied and underpaid claims efficiently and accurately.
- Utilize expertise in Medicare, Medicaid, and Managed Care billing to ensure compliance and optimize reimbursement processes.
- Collaborate with internal and external stakeholders to address payment discrepancies and enhance revenue cycle performance.
- Maintain detailed records and reports to track claims, appeals, and payment resolutions effectively.
- Work onsite in a professional environment, adhering to a structured schedule for optimal productivity.
- Contribute to organizational goals by providing insights and solutions to improve financial outcomes.
- Engage in continuous learning to stay updated on industry standards and billing systems.
Key Responsibilities & Duties
- Analyze managed care contracts to identify discrepancies and opportunities for reimbursement improvement.
- Prepare and submit detailed appeals and reconsideration requests to managed care organizations.
- Collaborate with payers to resolve payment errors and underpayments promptly.
- Track and monitor responses from managed care organizations to ensure timely resolution.
- Utilize advanced Excel skills to generate monthly reports and analyze financial data.
- Work closely with the Revenue Cycle Director to address issues and implement solutions.
- Audit claims and payments to ensure accuracy and compliance with contractual agreements.
- Provide training and support to team members on billing systems and processes.
Job Requirements
- Minimum of 5 years’ experience in health insurance and skilled nursing home billing.
- Proficiency in Medicare, Medicaid, and Managed Care billing and reimbursement processes.
- Strong understanding of managed care contracts and payment methodologies.
- Advanced skills in Excel and patient accounting systems.
- Bachelor's degree in a related field is preferred.
- Excellent communication skills and ability to manage challenging conversations effectively.
- Detail-oriented with strong critical thinking and organizational abilities.
- Ability to work independently and meet deadlines in a fast-paced environment.
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