Role Description
The Denial Management Specialist is responsible for denial and AR management for the department as defined by their supervisor/manager.
Qualifications
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High School Graduate with some College
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5+ yearsβ experience in medical billing/collections setting with experience in denials, appeals, insurance collections, and related follow-up
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Extensive knowledge of ICD9 and CPT-4 coding and modifiers usage
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Good working knowledge of insurance explanation of benefits (EOB) and comprehensive understanding of remittance and remark codes
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Familiarity with multiple payer requirements for claims processing
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Solid skills with Microsoft Office, focusing on Excel and Word
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Good analytical skills
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Good communication skills
Requirements
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Only Applicants from the following states: Alabama, Arizona, Connecticut, Delaware, Florida, Georgia, Indiana, Kansas, Kentucky, Louisiana, Maryland, Michigan, North Carolina, Pennsylvania, Rhode Island, South Carolina, Virginia, West Virginia, Wisconsin
Preferred Requirements
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Focused denials and appeals management experience
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In-depth working knowledge and experience with all types of insurance billing guidelines: Commercial, Medicare Part A and B, Medicaid, Managed Care plans, etc.
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Team lead or supervisory experience
Preferred License/Registration/Certifications
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If in Professional Billing Services: CPC certification
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If in Hospital Billing Services: CRCA or CPC-H certification
Core Job Responsibilities
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Review and resolve all daily claim scrubbers edits based on coding/billing guidelines
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Research and resolve all outstanding denials within work cue and complete all necessary follow-up in a timely and accurate manner
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Identify all denial trends and provide education on steps to prevent future avoidable denials
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Initiate/manage all insurance appeals in a timely manner
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Manage outstanding AR related to denials
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Communicate all denial trends and denial increases to direct supervisor/manager to positively affect the volume of denials
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Organize the workflow to ensure that denials are worked according to departmental policy and standards
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Manage correspondences and any ADR requests as defined within department workflow procedure to ensure timeliness and accuracy of response
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Function as a denials team resource to other associates within the department
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Ability to lead a team meeting and teach specific tasks and procedures to other associates
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Must be cross-trained and functional in all areas within the department as it relates to A/R and denials
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Ability to work closely with multiple department leaders and/or staff to improve revenue integrity
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Complete special projects as assigned by Supervisor/Manager
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Prepare/attend AR denial meetings as required