RCMS AR Specialist III
Hardoi | NAPosted On: 18-11-24 job description
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Responsibilities:
- Serve as a subject matter expert on denial management strategies and best practices.
- Lead the resolution of high-level and escalated denial issues.
- Conduct root cause analysis to identify systemic issues contributing to denials.
- Develop and implement proactive measures to prevent future denials.
- Establish and maintain relationships with payer representatives to facilitate effective communication and negotiation.
- Train and mentor junior associates on advanced denial management techniques and payer communication strategies.
- Collaborate with cross-functional teams to implement process improvements and optimize revenue cycle performance.
- Monitor denial trends and provide regular reports and updates to leadership.
Requirements:
- Bachelors degree in healthcare administration, finance, or related field.
- Minimum of 5 years of progressive experience in denial management or revenue cycle management.
- In-depth knowledge of healthcare billing regulations and payer policies.
- Excellent negotiation and relationship-building skills.
- Strong leadership and mentoring abilities.
- Advanced proficiency in data analysis and reporting tools.
- Ability to drive change and implement process improvements effectively.
- Investigate and resolve complex denial issues.
- Analyze AR/Denial trends to identify areas for process improvement.
- Initiate and lead payer calls for escalated denial inquiries and disputes.
- Develop and implement strategies to reduce denial rates and improve reimbursement.
- Collaborate with internal stakeholders to address root causes of denials.
- Mentor Level 1 associates on advanced denial management techniques.
- Prepare and submit appeals for denied claims as needed.
- Maintain comprehensive documentation of denial activities and outcomes.
Qualifacts is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
Full Time, Permanent
Operations Support
Education
Any Graduate
Any Postgraduate
PHPUnityScalaProcess ImprovementRoot Cause Analysis