About The Position

AArete is a global, innovative management and technology consulting firm with offices in the U.S., India, and Europe, recognized for its excellence and strong "Culture of Care." The Payment Intelligence® service line addresses challenges faced by health plans in accurately and promptly reimbursing claims. This role focuses on delivering claims analytics and post-pay data mining edits to identify, rectify, and recoup erroneous payments. The individual will serve as a subject matter expert, guiding clients on proper claims payment through analytics, process improvements, automation, and configuration setups, while also supporting internal Payment Intelligence initiatives.

Requirements

  • 2+ years of experience in payment integrity, healthcare analytics, or payer operations
  • Foundational knowledge of claims processing across multiple lines of business, including Medicare, Medicaid, ACA/Marketplace, Commercial, and Duals
  • Experience across various spend areas (professional, ancillary, outpatient, and inpatient), familiarity with modifiers, place of service codes, and NPI/TIN relationships
  • Ability to identify incorrect claims payments
  • Knowledge of industry vendors and tools related to claims processing, provider data, and contract management
  • Understanding of end-to-end claims processes, including claims management, provider lifecycle, and network optimization
  • Strong professional communication skills, including written, verbal, interpersonal, and in-person presentation expertise
  • Advanced proficiency utilizing Microsoft Excel
  • Strong analytical, data interpretation, and problem-solving skills
  • Ability to identify client savings opportunities and develop actionable business cases
  • Strong working knowledge of managed care claims coding (Current Procedural Terminology (CPT), International Classification of Diseases (ICD), Healthcare Common Procedure Coding System (HCPCS), Revenue Codes), and federal/state Medicaid payment rules
  • Bachelor’s Degree or additional years of experience in lieu of degree
  • Must be legally authorized to work in the United States without the need for employer sponsorship

Nice To Haves

  • Policy & Claims Editing Expertise
  • Research and interpretation of healthcare policies and regulations
  • Experience in reimbursement policy writing and claims editing
  • Proficiency in data mining to detect errors and inconsistencies
  • Ability to crosswalk and compare edits and policies
  • Knowledge of claims editing processes, including Prepay/Post-Pay, COB, Subrogation, Fraud Detection, and Medical Record Reviews
  • Contract Configuration & Provider Data Expertise
  • Interpretation of provider contract terms and pricing methodologies, including fee schedules, per diem, DRGs, cost-plus, and outlier payments
  • Understanding of contract carve-outs, including bundled services, readmissions, and reductions
  • Experience in contract pricing and claims reimbursement analysis
  • Ability to price and reprice claims based on contractual agreements
  • Understanding of provider TIN and NPI relationships
  • Familiarity with network processes, including Optimization, Adequacy, and Pricing
  • Familiarity with claims adjudication systems (e.g., Facets, QNXT, Amisys, etc.)
  • Experience with SQL or other query languages
  • Experience in reimbursement policy
  • Knowledge of COB, Subrogation, Fraud Detection, and Medical Record Reviews
  • Experience with financial impact modeling, savings forecasting, and ROI analysis
  • Exposure to AI/ML models for aberrant billing pattern detection
  • Understanding of EDI formats (837/835) and how errors propagate through the claim lifecycle
  • Familiarity with industry vendors
  • Based in Chicago, IL, and flexible to work from our Chicago office as needed

Responsibilities

  • Support the development, identification and analysis of payment accuracy opportunities through remediation
  • Utilize analytics to identify claims payment opportunities through knowledge of standard payment methodologies including Prospective Payment Systems (IPPS/OPPS), fee for service, Groupers, RUG, etc.
  • Support process improvements and automation initiatives
  • Conduct research on current events, changes in regulatory requirements and market trends impacting health plan reimbursement
  • Contribute to the preparation of client ready deliverables with clear and actionable insight
  • Exercise sound judgement and clear and direct communication in all aspects of your work
  • Other duties as assigned

Benefits

  • Flexible PTO
  • monthly half-day refuels
  • volunteer time off
  • 10 paid holidays
  • Own Your Day flexible work policy
  • Competitive majority employer-paid benefits: Medical, Dental, Vision, 401K Match
  • Generous paid parental leave options
  • Employer paid Life Insurance, STD, LTD
  • Charitable contribution matching program
  • New client commission opportunities and referral bonus program
  • Bike share discount program
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