Financial Compliance Auditor III Claims

L.A. Care Health Plan; California (MO); On-site; USD 89,000 - 142,000; Full time

Benefits offered by this job

Paid Time Off (PTO)

Tuition Reimbursement

Retirement Plans

Medical, Dental and Vision

Wellness Program

Volunteer Time Off (VTO)

Job summary

L.A. Care Health Plan in California seeks a Financial Compliance Auditor III Claims to audit claims processed by Delegated Participating Physician Groups and contracted health plans.

You will ensure compliance with federal and state regulations and prepare audit reports. The role requires at least 4 years of claims auditing experience, a Finance or Accounting degree, and strong data analysis and communication skills.

Qualifications

• Bachelor's Degree in Finance or Accounting or related field is required.
• In lieu of degree, equivalent education and/or experience may be considered.
• At least 4 years of claims audits or claims processing experience in Medi-Cal/Medicare or similar.

Responsibilities

• Audits claims processed by delegated groups and health plans.
• Produces timely audit reports and identifies regulatory compliance gaps.
• Mentors staff and provides subject matter expertise.
• Prepares onsite audit documentation and assists with monthly timeliness reports.

Skills

Self-motivation

Detail-oriented

Prioritization

Teamwork

Verbal and written communication

Microsoft Excel

Microsoft Word

Data analysis

Regulatory knowledge

Health insurance knowledge

Education

Bachelor's Degree in Finance or Accounting or Related Field

Master's Degree

Tools

Microsoft Excel

Microsoft Word

Job description

Salary Range: $88,854.00 (Min.) - $115,509.00 (Mid.) - $142,166.00 (Max.)

Established in 1997, L.A. Care Health Plan is an independent public agency created by the state of California to provide health coverage to low-income Los Angeles County residents. We are the nation’s largest publicly operated health plan. Serving more than 2 million members, we make sure our members get the right care at the right place at the right time.

Mission: L.A. Care’s mission is to provide access to quality health care for Los Angeles County's vulnerable and low-income communities and residents and to support the safety net required to achieve that purpose.

Job Summary

The Financial Compliance Auditor III Claims is responsible for audits of claims processed by Delegated Participating Physician Groups (PPGs), hospitals and health plans contracted with L.A. Care and various tasks within the Financial Compliance Unit. This position works closely with management on identification and resolution of issues in a timely and efficient manner. This position is responsible for all aspects of assigned claim audits, including audit testing and completion of the audit report. This position is responsible for a variety of complex areas of the Medi-Cal, Medicare, Covered California, and PASC-SEIU benefit and process.

This Auditor III reviews claims’ processing data to ensure that the delegated entities are compliant with federal and state regulations and contractual agreements. This position audits focuses on contractual and regulatory compliance with timeliness and appropriateness standards. This position is responsible for other ongoing tasks as assigned by management.

Acts as a Subject Matter Expert, serves as a resource and mentor for other staff.

Duties

Performs auditing procedures under minimal supervision during the audits of PPGs, hospitals and health plans.

Conducts sub-delegation claims oversight audits of the PPGs, capitated hospitals, and the Plan Partners. This includes all claims processing sub-contracting functions of the delegates.

Provides timely and accurate reports that detail whether PPGs, hospitals and health plans are meeting certain regulatory and contractual requirements.

Presents timely reports to supervisor within one week of audit date. Additionally, reports any finding/issues that affect the audits results.

Prepares documentation needed prior to onsite claim audits timely.

Performs ongoing tasks as assigned by the manager of Financial Compliance which may include compiling Monthly Timeliness Report (MTR) and audit reports of the Plan Partner oversight of their Independent Practice Association (IPA) network on a quarterly & annual basis.

Applies subject expertise in evaluating business operations and processes. Identifies areas where technical solutions would improve business performance. Consults across business operations, providing mentorship, and contributing specialized knowledge. Ensures that the facts and details are correct so that the project’s/program's deliverable meets the needs of the department, organization and legislation's policies, standards, and best practices. Provides training, recommends process improvements, and mentors junior level staff, department interns, etc. as needed.

Performs other duties as assigned.

Education Required

Bachelor's Degree in Finance or Accounting or Related Field

In lieu of degree, equivalent education and/or experience may be considered.

Education Preferred

Master's Degree

Experience

Required: At least 4 years of experience performing claims audits or claims processing related to Medi-Cal, Medicare, and/or other managed care product lines similar to L.A. Care’s L.A. Care Covered and PASC-SEIU programs.

Skills

Required: Must be self-motivated.

Detail-oriented.

Able to prioritize assignments, multitask, and able to work as part of a team.

Excellent verbal and written communication skills

Ability to interface professionally with both internal and external customers at all levels of the organization.

Proficient in Microsoft Excel & Word and data analysis.

Knowledge and understanding of legislation and regulatory bodies affecting healthcare practices.

Knowledge of the insurance industry's trends, directions, major issues, and regulatory considerations and trendsetters.

Knowledge of health insurance products, market segments, and marketplaces.

Licenses/Certifications Required

Licenses/Certifications Preferred

Required Training

Physical Requirements

Light

Additional Information

Salary Range Disclaimer:

The expected pay range is based on many factors such as geography, experience, education, and the market. The range is subject to change.

L.A. Care Offers a Wide Range Of Benefits Including

• Paid Time Off (PTO)
• Tuition Reimbursement
• Retirement Plans
• Medical, Dental and Vision
• Wellness Program
• Volunteer Time Off (VTO)