Billing Optimization Analyst

Med--metrix

United States

Remote

USD 85,000 - 120,000

Full time

4 days ago
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Job summary

Med-Metrix seeks a Billing Optimization Analyst to drive accurate and timely claim submissions across Medicare, Medicaid, and commercial payers. You will diagnose root causes, coordinate with billing, IT, and operations, and implement lasting fixes to prevent recurrence.

You will analyze claim barriers, lead improvement initiatives, and develop guidance to reduce denials and delays while ensuring PHI is protected under HIPAA standards.

Qualifications

  • Bachelor's degree in healthcare administration, business, finance, or a related field
  • 4+ years of progressive hospital billing experience with resolution of complex claims
  • End-to-end knowledge of institutional claim lifecycle, including edits, split-billing, bill holds, rejections and corrected claims
  • In-depth knowledge of Medicare, Medicaid, managed care, and commercial payer rules and submission requirements
  • Proficiency with UB-04 and 837I, revenue codes, bill types, modifiers, and payer-specific edits
  • Ability to identify root causes, lead cross-functional teams, and sustain results independently
  • Experience researching claim-generation issues in Epic Resolute or similar systems
  • Experience with clearinghouse tools, payer portals, claim scrubbing, and reporting tools
  • Exposure to multiple hospitals or payer environments
  • Strong MS Office skills
  • Excellent written and verbal communication skills

Responsibilities

  • Serve as SME for hospital claim lifecycle from final coding to claim creation and transmission
  • Research and resolve complex billing edits, split-billing, bill holds, rejections, and late charges
  • Apply Medicare, Medicaid, and payer rules to determine correct billing for complex scenarios
  • Analyze recurring barriers and identify root causes across processes and systems
  • Lead sessions with billing leaders to review scenarios, findings, and resolutions
  • Collaborate with operational, clinical, reimbursement, coding, IT, and vendor teams to improve edits and workflows
  • Monitor metrics like first-pass rate, DNFB, rejection trends, and throughput to sustain improvements
  • Develop billing guidance and standard work to prevent recurrence
  • Advise leadership on billing risks, priorities, and financial impact
  • Other duties as assigned
  • Ensure PHI handling per HIPAA standards
  • Comply with information security and HIPAA policies

Skills

Billing knowledge
Root-cause analysis
Cross-functional collaboration
Communication
Independent judgment
HIPAA/PHI handling

Education

Bachelor's degree in healthcare administration/related field

Tools

Epic Resolute
Clearinghouse tools

Job description

Job Purpose

The Billing Optimization Analyst is the subject matter expert accountable for identifying and permanently resolving the barriers that prevent accurate and timely claim submission. Applying expert knowledge of Medicare, Medicaid, managed care, and commercial payer requirements across the claim-generation lifecycle, including edits, claim splits, bill holds, rejections, late charges, and other exceptions, the Billing Optimization Analyst exercises independent judgment to diagnose root causes, works with billing, IT, and operational teams to implement fixes, and ensures issues do not recur.

Duties & Responsibilities
  • Serve as the subject matter expert for the hospital claim-generation lifecycle, from final coding and charge capture through claim creation, validation, and transmission
  • Research and resolve complex billing edits, claim splits, bill holds, rejections, late charges, stop bills, and other exceptions that delay claims from being released
  • Interpret and apply Medicare, Medicaid, managed care, and commercial payer billing requirements to determine the correct billing approach for complex or non-standard scenarios
  • Analyze recurring claim barriers and determine root causes across processes, system configuration, payer rules, and upstream workflows
  • Lead working sessions with billing leaders and team members to review billing scenarios, present findings, and agree on resolution steps and owners
  • Partner with operational, clinical, reimbursement, coding, IT, and vendor teams to design and drive improvements to edits, work queues, workflows, and escalation processes
  • Monitor first-pass clean-claim rate, bill-hold days, DNFB, rejection trends, and billing throughput to confirm implemented improvements are sustained, identify new improvement opportunities, and coordinate additional follow-up when results do not meet established performance targets
  • Develop billing guidance, standard work, and education based on root-cause findings to prevent recurrence and drive team consistency
  • Advise billing and client leadership on billing risks, priorities, and the financial impact of recommended changes
  • Other duties as assigned
  • Use, protect and disclose patients’ protected health information (PHI) only in accordance with Health Insurance Portability and Accountability Act (HIPAA) standards
  • Understand and comply with Information Security and HIPAA policies and procedures at all times
  • Limit viewing of PHI to the absolute minimum as necessary to perform assigned duties
Qualifications
  • Bachelor's degree in healthcare administration, business, finance, or a related field; an equivalent combination of education and progressive hospital billing experience will be considered
  • 4+ years of progressive hospital billing experience, including hands-on resolution of complex claims before submission and leading the resolution of recurring billing issues
  • Advanced knowledge of the end-to-end institutional claim lifecycle, including claim edits, split-billing scenarios, bill holds, rejections, late charges, stop bills, and corrected or replacement claims
  • In-depth knowledge of Medicare, Medicaid, managed care, and commercial payer billing rules, claim formats, and submission requirements
  • Strong working knowledge of UB-04 and 837I requirements, revenue codes, bill types, condition and occurrence codes, modifiers, claim frequency codes, and payer-specific edits
  • Demonstrated ability to identify root causes, lead cross-functional teams through performance improvement initiatives, and sustain results while working with a high degree of independence
  • Ability to analyze billing, edit, hold, and rejection data to identify trends and quantify financial impact
  • Experience researching claim-generation issues in Epic Resolute or a comparable patient accounting system preferred
  • Experience using clearinghouse tools, payer portals, claim scrubbers, and reporting tools preferred
  • Exposure to multiple hospitals, facilities, or payer environments preferred
  • Proficiency in Microsoft Office Suite
  • Strong interpersonal and influencing skills, with the ability to communicate and present findings at all levels of the organization, including executive leadership
  • Strong problem solving and creative skills and the ability to exercise independent judgment and make decisions based on accurate and timely analyses
  • High level of integrity and dependability with a strong sense of urgency and results oriented
  • Excellent written and verbal communication skills required
Working Conditions
  • Occasional travel to client facility sites may be required
  • Ability to work outside of normal business hours to support special projects
  • Must possess a smart-phone or electronic device capable of downloading applications, for multifactor authentication and security purposes
  • Physical Demands: While performing the duties of this job, the employee is occasionally required to move around the work area; Sit; perform manual tasks; operate tools and other office equipment such as computer, computer peripherals and telephones; extend arms; kneel; talk and hear
  • Mental Demands: The employee must be able to exercise independent judgment, collaborate with others, and manage competing priorities and changing business needs
  • Work Environment: The noise level in the work environment is usually minimal

Med-Metrix will not discriminate against any employee or applicant for employment because of race, color, religion, sex (including pregnancy, gender identity, and sexual orientation), parental status, national origin, age, disability, genetic information (including family medical history), political affiliation, military service, veteran status, other non-merit based factors, or any other characteristic protected by federal, state or local law.

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