Denials Specialist
Job Details:
Job Summary:
The Denials Specialist is responsible for providing analysis and reporting for all Denial Management functions at Westchester Medical Center Health Network. The role will be responsible for enabling reporting to track and monitor denial write-offs to optimize net revenue recognition and recovery, while maintaining the overall integrity of the denial process.
Responsibilities:
- Coordinates all data collection, analysis, appeal, write-off and reporting activities affecting the denial process
- Communicates with clinical departments, on-site staff, and Patient Access and Mid-Cycle coordinators to reduce or eliminate unnecessary recurring denials and establishes appropriate prevention measures
- Ensures that all activities related to Denials Management functions meet department requirements, maximizes revenue collection, and achieves leading practice levels of performance
- Works with Revenue Integrity Leaders for charge related denials
- Monitors denial write-offs to ensure staff is using the appropriate write-off codes
- Monitors any denial vendor relationships for compliance and performance, and suggests modifications to Revenue Cycle leadership as necessary
- Monitors contract compliance and escalates to Managed Care staff as needed
- Provides denial trends to Billing Functional Leader for operational improvement
- Works with Local System Coding leaders to determine appropriate changes for DRGs, CPT, and ICD PX related denials
- Displays commitment to treating both internal and external constituents as clients and customers, maintaining a flexible customer service approach and orientation that emphasizes service satisfaction and quality
- Works under the direction of the Denial Manager to analyze denial and underpayment reports, provide feedback on root causes of denials, and formulate denials resolution strategies
- Works with the Follow-up Manager to establish and monitor accounts receivable management and cash collection goals and targets
- Creates a department dashboard
- Works under the direction of the Denial Manager to ensure that key performance metrics are met on a daily, weekly and monthly basis
- Effectively uses automated systems to perform work assignments
- Performs related duties as assigned
Experience:
A minimum of two to three years of experience in revenue cycle, denials management or related patient financial services
Education:
Bachelor’s degree in business, finance, or healthcare administration preferred; equivalent work experience may substitute degree requirement
Licenses / Certifications:
Other:
Special Requirements:
- Demonstrated knowledge of healthcare management, collections management, Medicaid and Medicare.
- Experience in establishing and managing claim denial activities, collection processes and methodology.
- Significant knowledge of healthcare payer reimbursement and proficiency in working with patient accounting systems.
- Clear understanding of the impact Denials Management services has on Revenue Cycle operations and financial performance.
- Knowledge of computer applications and equipment related to work.
- Strong organizational skills, working effectively in a multi-task environment, prioritizing tasks properly, and completing tasks/projects in a timely manner.
- Demonstrated proficiency in written and verbal communication skills.
About Us:
NorthEast Provider Solutions Inc.
Benefits:
We offer a comprehensive compensation and benefits package that includes:
- Health Insurance
- Dental
- Vision
- Retirement Savings Plan
- Flexible Savings Account
- Paid Time Off
- Holidays
- Tuition Reimbursement
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