Hourly Pay Range
$22.14 - $33.21 - The hourly pay rate offered is determined by a candidate's expertise and years of experience, among other factors.
Position Highlights
- Position: Denial Management Specialist
- Location: Arlington Heights, IL
- Full Time/Part Time: Full Time
- Hours: Monday-Friday, standard business hours
Brief Overview
Reviews claim denials which pertain to medical necessity, pre-certification, authorization, and level of care requirements. This involves interaction with Physician Practices, Providers and Payers.
What You Will Do
- Reviews and resolves denied patient insurance claims.
- Works closely with internal departments in determining accurate denial and process for appeal. Contacts insurance companies/payer or patients to gather information necessary to complete the appeal process.
- Sends appeals to insurance companies regarding denials by resubmitting corrected claim, submitting medical records and writing appeals letters in a timely manner.
- Provides process improvement recommendations to Supervisor to decrease future denials.
- Utilizes software tools to identify denial, trends and payer issues. Shares findings with stakeholders.
- Follows up on pending claim denials after appeal has been processed - by the insurance company.
- Collaborates in the collection of data and sends monthly “Managed Care Denial Report” to appropriate department Leaders including Physician Coding Manager; Physician Billing Manager and Director, VP of EEH Physician Practices and Vice President of EEH Revenue Cycle.
- Maintains positive working relationships both externally and internally.
What You Will Need
- Education: High School Required
- Experience: 2 Years previous patient billing Or 2 Years managed care experience
- Skills: Extensive computer knowledge and experience. Knowledge of standard billing guidelines, CPT/ICD9 coding, usual and customary (U& C) schedules
Benefits (For Full Time Or Part Time Positions)
- Premium pay such as shift, on call, holiday and more based on an employee’s job (For eligible positions)
- Incentive pay for select positions
- Opportunity for annual increases based on performance
- Career Pathways to Promote Professional Growth and Development
- Various Medical, Dental, Pet and Vision options
- Tuition Reimbursement
- Free Parking
- Wellness Program Savings Plan
- Health Savings Account Options
- Retirement Options with Company Match
- Paid Time Off and Holiday Pay
- Community Involvement Opportunities
EOE: Race/Color/Sex/Sexual Orientation/ Gender Identity/Religion/National Origin/Disability/Vets, VEVRRA Federal Contractor.