Role Description
As our Underpayments Analyst you have the primary role of validating and reviewing hospital accounts which are believed to have additional revenue opportunity. Every day you will:
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Confirm claim reimbursement.
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Ensure there are no additional variables impacting reimbursement.
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Diagnose the root cause of the underpayment.
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Work with other support teams to achieve this purpose.
To thrive in this role, you should enjoy working with data and researching payment issues.
Responsibilities:
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Work within the clientβs Patient Accounting system, payer portals and/or websites, and utilize R1βs proprietary software to research accounts in the work queue.
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Review opportunities created, evaluate calculation of the expected reimbursement, determine if opportunity should be pursued with payer and the action required to resolve the underpayment.
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Document the account to provide information and details to support appeal and resolution effort.
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Diagnose and understand how the underpayment occurred and what our client could have done to prevent it.
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Meet required benchmarks for production, accuracy, and efficiency.
Qualifications
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A Bachelorβs degree or a High School diploma with 2+ years' experience in hospital billing, resolution, revenue cycle, or data analytics.
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Organized and analytical self-starter with strong critical thinking skills and attention to detail.
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Strong communicator β verbal and written communication to give specifics and details to document work completed.
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Strong math skills with emphasis on complex equations.
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Proficient with computers and technology.
Requirements
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Multiple 1-week onsite company-paid training in R1 office.
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For this US-based position, the base pay range is $46,664.00 - $72,250.29 per year. Individual pay is determined by role, level, location, job-related skills, experience, and relevant education or training.
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This job is eligible to participate in our annual bonus plan at a target of 5.00%.
Benefits
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Opportunity to constantly learn and collaborate across groups.
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Chance to contribute, think boldly, and create meaningful work.
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Competitive benefits package.