Description
JOB SUMMARY
The Accounts Receivable Analyst for Value-Based RCM, Inc. (VBRCM) is responsible for resolving third-party payer insurance denials as well as identifying trends and payer requirements in an effort to prevent future denials.
MAJOR AREAS OF FOCUS
- Denial Resolution
- Payer Rules and Regulations
RESPONSIBILITIES
- Use, protect, and disclose patient protected health information (PHI) only in accordance with Health Insurance Portability and Accountability Act (HIPAA) standards
- Exhibit professional behavior and communication skills representative of VBRCM's commitment to superior customer service
- Identify payment and denial trends and communicate to Supervisor and/or Team Lead
- Handle payer and patient inquiries in a timely and detailed manner
- Perform necessary follow-up to ensure timely resolution of appeals, obtain updated insurance information, identify and correct billing errors, etc.
- Remain up to date on Medicare and Medicaid laws, HCFA requirements, contractual arrangements and other third-party payer requirements
- Maintain current working knowledge of CPT and ICD-10 codes, required modifiers and encounter data
- Apply knowledge of third-party payer guidelines in reviewing denied claims to ensure appropriate use of modifiers and CPT/ICD-10 codes
- Enter detailed notes in the billing system
- Utilize payer web sites and /or portals
- Meet department productivity and quality standards
- Perform other duties as assigned
Requirements
KNOWLEDGE AND SKILLS
- Working knowledge of CPT and ICD-10
- Ability to work independently and as part of a team
- Working knowledge of medical terminology preferred
- Strong computer, typing and calculator skills
- Excellent problem solving and communication skills
- Ability and desire to work in a remote environment
- Strong organizational skills and attention to detail
EDUCATION/EXPERIENCE
- High school diploma or GED
- Previous medical billing experience required
- Proficient in Microsoft office (Excel, Word, and PowerPoint)
PHYSICAL REQUIREMENTS
- Prolonged periods sitting at a desk and working on a computer
- Must be able to lift up to 15 pounds at times
JOB TYPE: Full-time
HOURLY RATE: $19 - $24 per hour
JOB LOCATION
- Remote
BENEFITS:
- Paid time off
- Work from home
- Company-sponsored medical, dental, and vision insurance
SCHEDULE:
- Monday to Friday