Denials Management Specialist
About The Position
The Denial Management Specialist is responsible for managing and filing appeals to reverse denials, collaborating with departments to resolve issues and identify trends, and staying updated on payer guidelines and requirements for denials and appeals. The position involves monitoring RAC accounts for adjustments, analyzing denial trends, and exhausting all appeal efforts according to payer guidelines. The role also includes providing feedback to leadership, participating in continuing education on payer policies, and ensuring accurate account adjustments. Effective communication, confidentiality, and adherence to privacy standards are essential aspects of this position.
Requirements
- A minimum of 2 years Related Experience
- This position requires proficiency in reading, writing, and speaking English to ensure effective communication in the workplace and with patients, families, and team members.
Responsibilities
- Manages and file appeals to reverse denials wherever possible.
- Works on assigned denials and appeals by collaborating with departments to resolve issues and identify trends.
- Stays updated on payer guidelines and requirements for denials and appeals.
- Monitors RAC accounts for AB rebills and post recovery or denial adjustments as needed.
- Identifies and address issues from denials to prevent future claim problems and analyzes denial trends and issues as assigned.
- Exhausts all appeal efforts based on dispute reasons and payer guidelines.
- Provides feedback and recommendations to leadership on trends, escalating issues when necessary.
- Participates in continuing education on payer and governmental policies, sharing updates with leadership and Patient Financial Services.
- Monitors appeals for resolution and adjust accounts using correct denial codes and recognizes when to escalate unresolved denials.
- Maintains strict confidentiality and adheres to all employer and government privacy standards, e.g., 42 CFR part 2 and HIPAA
- Performs other duties as assigned or needed to meet the needs of the department/organization.
Benefits
- Altru offers a comprehensive benefits package to its full- and part-time employees.
- Excellent benefits include a health plan and 401(k) retirement plan.
- Other benefits include a dental plan, vision plan, life and disability insurance, education assistance, paid time off (PTO)
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
No Education Listed
Number of Employees
1,001-5,000 employees
