Revenue Cycle Specialist - Health Insurance Specialist

Denver Health; Broadway; On-site; GBP 60,000 - 80,000; Full time

Job summary

An established industry player is seeking a motivated Revenue Cycle Specialist to enhance billing processes and ensure optimal reimbursement for hospital services. This role involves customer service, claims management, and working closely with various departments to resolve billing issues. The ideal candidate will possess strong analytical skills, effective communication abilities, and a keen understanding of insurance benefit plans. Join a dynamic team committed to making a difference in healthcare and enjoy a range of outstanding benefits, including generous paid time off and professional development opportunities.

Benefits

Paid days off (up to 27 per year)

Immediate retirement plan contribution

Generous medical plans

Free RTD EcoPass (public transportation)

On-site employee fitness center

Childcare discount programs

Tuition reimbursement

Career pathways and coaching

Public Service Loan Forgiveness eligible

National Health Service Corps eligible

Qualifications

• No previous experience required.
• Ability to utilize various software applications.

Responsibilities

• Completes claims submissions and reviews accounts for accuracy.
• Initiates collections by contacting third-party payers.

Skills

Knowledge of insurance benefit plans

Regulatory requirements and codes

10-key by touch

Typing (minimum 25 WPM)

Word processing and spreadsheet applications

Prioritization of work activities

Written and verbal communication

Analytical thinking

Computer accuracy

Problem solving skills

Education

High School Diploma or GED

Tools

Siemens Invision system

Eligibility software

Job description

We are recruiting for a motivated Revenue Cycle Specialist - Health Insurance Specialist to join our team!

We are here for life's journey.
Where is your life journey taking you?

Being the heartbeat of Denver means our heart reflects something bigger than ourselves, something that connects us all:

Humanity in action, Triumph in hardship, Transformation in health.

Department

Billing and Collections

Job Summary

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.

Essential Functions:

1. 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%)
2. 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%)
3. 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%)
4. Processes accounts transactions accurately that involve transfer of charges, combining accounts, or manual adjustments. (10%)
5. Processes and responds to incoming correspondence from insurance carriers, patients, and other Denver Health departments to move the accounts toward resolution. (10%)
6. Identifies and communicates existing or potential problems to supervisor in a timely manner. Offers constructive actions in problem resolution. (5%)

Education:
High School Diploma or GED Required

Work Experience:
No previous experience required.

Knowledge, Skills and Abilities:

• Knowledge and understanding of insurance benefit plans and explanation of benefits.
• 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.

Shift

Days (United States of America)

Work Type

Regular

Salary

$22.50 - $31.50 / hr

Benefits

• Outstanding benefits including up to 27 paid days off per year, immediate retirement plan employer contribution up to 9.5%, and generous medical plans
• Free RTD EcoPass (public transportation)
• On-site employee fitness center and wellness classes
• Childcare discount programs & exclusive perks on large brands, travel, and more
• Tuition reimbursement & assistance
• Education & development opportunities including career pathways and coaching
• 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

Our Values

• Respect
• Belonging
• Accountability
• Transparency

All job applicants for safety-sensitive positions must pass a pre-employment drug test, once a conditional offer of employment has been made.

Denver Health is an integrated, high-quality academic health care system considered a model for the nation that includes a Level I Trauma Center, a 555-bed acute care medical center, Denver's 911 emergency medical response system, 10 family health centers, 19 school-based health centers, Rocky Mountain Poison & Drug Safety, a Public Health Institute, an HMO and The Denver Health Foundation.

As Colorado's primary, and essential, safety-net institution, Denver Health is a mission-driven organization that has provided billions in uncompensated care for the uninsured. Denver Health is viewed as an Anchor Institution for the community, focusing on hiring and purchasing locally as applicable, serving as a pillar for community needs, and caring for more than 185,000 individuals and 67,000 children a year.

Located near downtown Denver, Denver Health is just minutes away from many of the cultural and recreational activities Denver has to offer.

Denver Health is an equal opportunity employer (EOE). We value the unique ideas, talents and contributions reflective of the needs of our community.

Applicants will be considered until the position is filled.