Analysis Skills, Best Practices, Billing, Calculators, Claims Management, Claims Processing, Communication Skills, Current Procedural Terminology (CPT), Documentation, Establish Priorities, Finance, Healthcare, Healthcare Administration, Healthcare Common Procedure Coding System (HCPCS), Healthcare Reimbursement, ICD-10, Industry Standards, Insurance, Medical Coding, Medical Records, On Call, Pathogens, Patient Care Denials, Performance Management, Presentation/Verbal Skills, Radiology, Record Keeping, Regulations, Reimbursement, Retirement Plan, Root Cause Analysis, Time Management, Training/Teaching, Writing Skills
Overview:
The Denials Analyst I is responsible for analyzing, managing, and resolving denied claims at Riverside Healthcare. This role involves reviewing denied claims related to small level medical necessity denials to identify root causes and appeal said denials. The Denials Analyst works closely with billing, coding, and revenue cycle teams to ensure accurate and timely claim resolution.
Essential Job Duties
- Review and analyze denied claims to determine the reason for denial and potential for resolution.
- Collaborate with billing and coding teams to gather necessary documentation and information for appeals.
- Monitor and track the status of denied claims and appeals, ensuring timely follow-up and resolution.
- Assist in maintaining detailed records of denial trends, appeal outcomes, and related activities for reporting and analysis.
- Stay informed about basic changes in payer policies, coding guidelines, and industry regulations that may impact claim denials and resolution.
- Work small level medical necessity denials specific to laboratory and radiology.
- Proficiently pull and send in medical records for payer audit requests.
- Average productivity of around 80 accounts a week.
- Develop and submit appeal letters to insurance companies, utilizing accurate data and thorough explanations to support claim adjustments.
Nonessential Tasks
- Continuously update knowledge on industry standards and best practices.
Responsibilities:
Preferred Education/Licensure
- Associates degree in Healthcare Administration, Business, Finance, or a related field preferred.
Required Education/Licensure
Preferred Experience
Required Experience
- 0-2 years of experience in claims management, denial analysis, or revenue cycle operations within a healthcare setting.
- Basic knowledge of payer policies, medical coding (ICD-10, CPT, HCPCs), and healthcare reimbursement processes.
- Strong communication skills, both written and verbal, with the ability to interact effectively with insurance companies and internal teams.
- Ability to work under supervision, prioritize tasks, and manage time effectively.
This job description indicates the general nature and level of work expected of the incumbent. It is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities required of the incumbent. Incumbent may be required to perform other related duties.
Our Commitment to You:
Riverside Healthcare offers a comprehensive suite of Total Rewards: benefits and nationally rated employee well-being programs, competitive compensation, generous retirement offerings, programs that invest in your career development and so much more so your journey at and away from work is remarkable. Our Total Rewards package includes:
Compensation
- Base compensation within the positions pay range based on factors such as qualifications, skills, relevant experience, and/or training
- Premium pay such as shift differential, on-call
- Opportunity for annual increases based on performance
Benefits - .5 to 1.0 FTE
- Paid Time Off programs
- Health and welfare benefits such as medical, dental, vision, life, and Short- and Long-Term Disability
- Health Savings and Flexible Spending Accounts for eligible health care and dependent care expenses
- Defined contribution retirement plans with employer match and other financial wellness programs
- Educational Assistance Program
Benefits - .001 to .49 FTE:
- Paid Leave Hours accrued as you work
Employee Health Requirements
Exposure to:
- Chemicals: None
- Video Display Terminals: Extreme
- Blood and Body Fluids: None
- TB or Airborne Pathogens: None
Sensory requirements (speech, vision, smell, hearing, touch):
- Speech: Needed for presentations/training, telephone communication, facilitate meetings.
- Vision: Needed to read memos and literature.
- Smell: N/A
- Hearing: Needed for telephone communications, meetings, and listening to employee concerns.
- Touch: Need to write, do computer entry, filing.
Activity/Lifting Requirements
Percentage of time during the normal workday the employee is required to:
- Sit: 85%
- Twist: 0%
- Stand: 5%
- Crawl: 0%
- Walk: 5%
- Kneel: 0%
- Lift: 2%
- Drive: 0%
- Squat: 1%
- Climb: 0%
- Bend: 1%
- Reach above shoulders: 1%
The weight required to be lifted each normal workday according to the continuum described below:
- Up to 10 lbs: Occasionally
- Up to 20 lbs: Occasionally
- Up to 35 lbs: Not Required
- Up to 50 lbs: Not Required
- Up to 75 lbs: Not Required
- Up to 100 lbs: Not Required
- Over 100 lbs: Not Required
Describe and explain the lifting and carrying requirements. (Example: the distance material is carried; how high material is lifted, etc.): Lifting is not usually required.
Maximum consecutive time (minutes) during the normal workday for each activity:
- Sit: 408
- Twist: 0
- Stand: 24
- Crawl: 0
- Walk: 24
- Kneel:0
- Lift: 9
- Drive: 0
- Squat: 8
- Climb: 0
- Bend: 8
- Reach above shoulders: 4
Repetitive use of hands (Frequency indicated):
- Simple grasp up to 10 lbs.
- Normal weight: 5- 10lbs frequent
- Pushing & pulling Normal weight
- Fine Manipulation: Terminal entry, calculator.
Repetitive use of foot or feet in operating machine control: None
Environmental Factors & Special Hazards
- Environmental Factors (Time Spent):
- Inside hours: 40
- Outside hours : 0
- Temperature: Normal Range
- Lighting: Average
- Noise levels: Average
- Humidity: Normal Range
- Atmosphere: Dust &Poor Ventilation
Special Hazards:
Protective Clothing Required: None
Pay Range:
USD $21.92 - USD $26.85 /Hr