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Job Title: Denials Management Specialist
General Purpose of Job:
Under direct supervision, the Denials Management Specialist will be the first contact in accounts and determine where they go next in the denial’s process/review. They will also assist with the Billing, Follow-Up, Collection, Root Causing, Recovery, and Reporting of assigned Insurance or Self-Pay claims. Applying a scientific approach, to include research and analysis, the Denials Management Specialist will also occasionally assist with the discovery of denials or denial trends and offer recommendations for solutions as a denial preventive.
Essential Duties and Responsibilities:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. This job description is not intended to be all-inclusive; employees will perform other reasonably related business duties as assigned by the immediate supervisor and/or hospital administration as required.
- Review each account in que and determine appropriate next steps, then categorize denials for team to review and act on.
- Ability to scrub account and move account forward for proper adjudication.
- Able to read and understand an EOB.
- Identify process errors in the organizational system or teams and assist in creating ways to limit them from occurring.
- Maintains utmost level of confidentiality at all times.
- Adheres to hospital policies and procedures.
- Committed to professional development.
- Demonstrates business practices and personal actions that are ethical and adhere to corporate compliance and integrity guidelines.
- Occasionally assist with the Billing, Follow-Up, Collection, Root Causing, Recovery, and Reporting of assigned Insurance or Self-Pay claims.
- Occasionally assist in filing appeals as appropriate to resolve payer denials and work with payers to monitor appeals in process.
- Occasionally assist with other team members in functions to ensure work queues are below set threshold.
- Consistently meet productivity and quality standards.
- Assure patient privacy and confidentiality as appropriate or required.
- Maintain professional relationships and convey relevant information to other members of the healthcare team, and within the facility.
- Other duties as assigned.
Supervisory Responsibilities:
Effectively administers performance management system including:
- developmental feedback
- goal setting
- assesses competency
- progressive discipline
- Strong knowledge of and effective in administering hospital policies and procedures.
- Responsible for sound management of human resources.
- Makes and implements decisions compatible with organizational goals.
- Maintains composure, effectiveness, and flexibility under pressure.
Education and/or Experience:
- Associate's degree (A. A.) or equivalent from two-year college or technical school; or six months to one year related experience and/or training; or equivalent combination of education and experience.
- Minimum of one year healthcare experience in a healthcare setting.
- Outstanding analytical ability and financial skills.
- Experience with denials preferred. Understanding of payers, and coding experience preferred.
- Working knowledge of managed care operations and practices preferred.
- Working knowledge of health system admitting, billing, and utilization review as well as physician office practices, physician credentialing and physician billing practices preferred. Effective communication, organization, and interpersonal skills essential.
- Work independently.
- Excellent oral and written communication skills.
- PC skills necessary with experience in Microsoft Office products, including PowerPoint.
- English Language Skills