Specialist Comercial Revenue Cycle

Denver HealthDenver, CO
$23 - $32Onsite

About The Position

Under general supervision, the Specialist ensures optimal reimbursement for hospital or provider billing on inpatient and outpatient accounts. Provides customer service, billing, timely follow-up, cash application processes, reconciling payer remittance, denial management and appeal functions for claims to government or grant funded programs, worker's compensation, commercial insurance. Provides financial guidance on self-pay accounts. Interprets explanation of benefits. Investigates delinquent accounts for legal liability. Acts as liaison support between the Hospital and Physician Business Services departments and third-party payers and other Denver Health departments. Utilizes various software applications and information systems to perform work processes.

Requirements

  • High School Diploma or GED Required
  • 1-3 years Experience in a hospital or clinic revenue cycle setting Required
  • 1-3 years Knowledge, Skills and Abilities: Knowledge and understanding of insurance benefit plans and explanation of benefits.
  • Have current knowledge of regulatory requirements and codes.
  • Skill sets to include 10-key by touch, typing a minimum of 25 words per minute (WPM) and, basic skills in word processing and spreadsheet applications.
  • Ability to prioritize work activities with minimal supervision, in an individual and team setting.
  • Strong written and verbal communication skills, analytical thinking, high level of computer accuracy, and organization and problem solving skills.
  • Ability to utilize various software applications and information systems to perform work processes.
  • Ability to adapt easily to change.

Responsibilities

  • Completes claims submissions, performs review of accounts, ensure that work performed is accurate and complete.
  • Consistently documents contact with debtor/insurance and/or any other content to the account using appropriate methods.
  • Reviews account information and makes necessary changes.
  • Researches, corrects, and resubmits claims within the mandated time frames to avoid loss of revenue.
  • Initiates collections by contacting third party payer/debtor or designated representative. (40%)
  • Returns assignments within the appropriate timeframe and with suggestions for resolution or process improvement.
  • Completes worklists as assigned. Work product is consistently of high quality. Staff QA’d weekly and must be at 97% or higher. (20%)
  • Uses billing systems efficiently and appropriately. Follows and understands actions needed to correctly effect patient accounts with the Siemens Invision system. Utilizes the imaging system to perform needed account research; able to scan, import and export if needed. Uses eligibility software to ensure the correct payer is billed. (15%)
  • Processes accounts transactions accurately that involve transfer of charges, combining accounts, or manual adjustments. (10%)
  • Processes and responds to incoming correspondence from insurance carriers, patients, and other Denver Health departments to move the accounts toward resolution. (10%)
  • Identifies and communications existing or potential problems to supervisor in a timely manner. Offers constructive actions in problem resolution. (5%)

Benefits

  • Generous paid time off
  • Fully paid parental leave
  • Exceptional retirement contributions
  • Comprehensive health coverage
  • Nationally recognized well-being programs
  • Tuition assistance
  • Career advancement pathways
  • Professional development
  • Meaningful financial advantages
  • Loan forgiveness eligibility
  • Employer contributions
  • Paid time off starting at 28 days per year, inclusive of vacation, personal/sick, and 7 Holidays
  • 100% paid parental leave up to 6 weeks
  • Immediate eligibility for retirement plans with employer contribution up to 9.5%
  • Generous medical, dental, vision plans in addition to employer paid disability and life insurance.
  • Comprehensive well-being programs including on-site employee fitness center located on Denver Health main campus and nationally recognized RESTORE Center
  • Free RTD EcoPass (public transportation)
  • Childcare discount programs & exclusive perks on large brands, travel, and more
  • Tuition reimbursement & assistance
  • Education, coaching, and professional development opportunities through the Workforce Development Center (WFDC) that support internal career growth and advancement pathways
  • Professional clinical advancement program & shared governance
  • Public Service Loan Forgiveness (PSLF) eligible employer+ free student loan coaching and assistance navigating the PSLF program
  • National Health Service Corps (NHCS) and Colorado Health Service Corps (CHSC) eligible employer
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