Reconciliation and Recovery Analyst

HealthFirstLake Mary, FL
$61,300 - $99,620Remote

About The Position

The Enrollment & Billing (E&B) Reconciliation & Recovery Analyst ensures member data is accurate so eligible Healthfirst members’ premium collection from the State is completed in a timely manner. The incumbent also supports various activities within E&B aimed at minimizing future audit findings by identifying and resolving inconsistencies between Healthfirst, NY State of Health (NYSoH), Department of Health (DOH) and Centers for Medicare & Medicaid Services (CMS).

Requirements

  • Bachelor’s degree from an accredited institution (or GED/High School diploma from accredited institution with relevant work experience)
  • Working experience exhibiting strong critical thinking and analytical skills
  • Familiarity with the data lifecycle within the organization and its impact on the business
  • Experience working in a team-oriented, collaborative environment
  • Work experience requiring effective communication verbally and in writing while demonstrating good grammar, spelling, and punctuation skills

Nice To Haves

  • Degree in Mathematics, Computer Science, Data Sciences, Engineering, Business Analytics, Informatics, or similar concentration
  • Familiarity with statistical principles, such as standard deviations, normal distributions, and regressions
  • Familiarity with healthcare data, especially enrollment data
  • Ability to work effectively with both business and technical stakeholders

Responsibilities

  • Operate with intellectual curiosity and critically assess existing processes and procedures to identify opportunities for improvement
  • Summarize and present data outcomes, recommendations, and methodology to Reconciliation and Recovery leadership, E&B leadership, and enterprise stakeholders
  • Analyze large data sets and identify patterns within the defined population to organize the backlog, determine outliers and identify root-causes of membership, payment, or other data discrepancies
  • Determine short and long-term actions to resolve current cases of membership/ payment discrepancies and new ones from reoccurring
  • Understand, validate, and document the business rule(s) to flag membership for reconciliation and/ or premium recovery for a defined population
  • Liaison between department leaders, subject matter experts, Healthfirst finance, etc.
  • Establish job-aids to enable user-correction of membership errors and/or submission of information to the DOH and NYSoH
  • Work with outsourced vendors to enable them to resolve cases flagged for manual correction
  • Partner with the Quality Assurance (QA) team to develop a QA model to ensure quality, compliance and regulatory standards are met
  • Work collaboratively across the department and organization to share best-practices and coordinate corrective actions applicable to other populations
  • Establish tracking mechanism to track effectiveness and data accuracy within the defined population and report results to senior leadership
  • Other duties as assigned

Benefits

  • medical, dental and vision coverage
  • incentive and recognition programs
  • life insurance
  • 401k contributions
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