Revenue Cycle Specialist I

Aegis Sciences•Nashville, TN

36d

About The Position

The Revenue Cycle Specialist I is responsible for analyzing and optimizing the financial processes within a healthcare organization, including patient registration, billing, coding, claims submission, and collections, by identifying areas for improvement, monitoring key performance indicators (KPIs), and implementing strategies to maximize revenue while adhering to compliance regulations; essentially acting as a data-driven expert to streamline the revenue cycle and ensure accurate and timely payments from insurance companies and patients.

Requirements

High School diploma or GED required; Associate's or Bachelor's Degree in Business, Finance, or related discipline preferred
With a High School diploma, a minimum of three (3) years of experience performing revenue cycle processes in a hospital, laboratory, ambulatory surgery center, or large medical practice required; With a Bachelor's degree in Finance/Accounting, no experience required
Knowledge of ICD9, ICD10, CPT, and HCPCS coding strongly preferred
Strong working knowledge of Microsoft Office, including Excel and Outlook
Ability to take direction and follow Standard Operating Procedures with a high degree of accuracy
Strong attention to detail and the ability to work in a fast-paced, team-oriented environment with a focus on communication required

Responsibilities

Work closely with Revenue Cycle Business Analysts and Revenue Cycle Financial Analysts working claims not limited to but including the following:
Prepare Complex Medical Records Request and review documents for accuracy, completeness, and congruency
Interpret Payer Correspondence and determine next appropriate action
Submit carrier appeals and reconsideration requests in a timely manner based on SOPs or make suggestions to enhance SOP's
Review and update line-item receipt posting (LIRP) as needed or other posting needs.
Work assigned hold codes and determine next actions including, but not limited to, Bad Addresses, Eligibility, and other denial reasons.
Maintain accurate tracking of client and referring provider documentation and obtain any missing documentation to ensure accuracy and completeness
Ensure all relevant claims and appeal documentation is uploaded into OnBase
Verify all identified insurance carriers for policy related to prior authorization requirements as needed for claims adjudication
Work collaboratively with other Coding, Billing, Patient Access, and Cash Receipts Specialists as needed