Accounts Receivable Analyst – Acute

Posted 101ds ago

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Job Description

Accounts Receivable Analyst performing claims processing and documentation for insurance in a remote capacity. Collaborating with healthcare providers to ensure accurate billing and follow-up.

Responsibilities:

  • Perform pre-call analysis and check the status by calling the payer or using IVR or web portal services.
  • Maintain adequate documentation on the client software to send the necessary documentation to insurance companies and maintain a clear audit trail for future reference.
  • Record after-call actions and perform post-call analysis for the claim follow-up.
  • Provide accurate information to the insurance company, research available documentation including authorization, physician notes, medical documentation on PM system, interpret explanation of benefits received, etc. prior to making the call.
  • Perform analysis of accounts receivable data and understand the reasons for underpayment, days in A/R, top denial reasons, use appropriate codes to be used in documentation of the reasons for denials/underpayments.
  • Comply with all reimbursement and billing procedures for regulatory, third party, and insurance compliance norms.
  • Responsible for meeting daily/weekly productivity and quality reasonable work expectations.
  • Claim processing and submission.
  • Submit the claim to insurance companies to receive payment for services rendered by a healthcare provider.
  • Taking denial status from various insurance carriers.
  • Checking eligibility and verification of policy.
  • Analysis of the data.
  • Converting denials into payments.
  • Follow Health Insurance Portability and Accountability Act (HIPAA).
  • Account follow up on fresh claims, denials, and appeals.
  • Checking the claim status as per their suspension and denials.
  • Achieving weekly/monthly production and audit target.

Requirements:

  • High School (HSC) or graduate or equivalent with strong analytical skills.
  • 1-3 Years of experience in accounts receivable follow-up/denial management for US healthcare.
  • Good written and verbal communication skills.
  • Knowledge of medical terminology, ICD10, CPT, and HCPC coding.
  • Basic working knowledge of computers.
  • Willingness to work continuously in night shifts.

Benefits:

  • Health insurance
  • Full time employment
  • Remote work options