Medical Billing Denial Specialist

University of Colorado Medicine; Aurora (CO); Remote; USD 80,000 - 100,000; Full time

Job summary

An established industry player seeks a highly motivated Medical Billing Denial Specialist to join their Accounts Receivable Resolution team. This role involves resolving insurance claim denials, generating effective appeals, and utilizing analytical skills to identify trends and proactively address recurring issues. The ideal candidate will have a strong background in medical billing, with expertise in ICD-10 and CPT coding. This position offers the flexibility of 100% remote work, allowing for a dynamic work-life balance while contributing to the financial health of a leading healthcare provider. Join a team dedicated to compassionate care and operational excellence.

Benefits

Generous leave

Health plans

Retirement contributions

Qualifications

• 3-5 years experience in medical billing with focus on denials and appeals.
• Strong understanding of claims denial appeal logic and contract language.

Responsibilities

• Resolve insurance claim denials to enhance revenues for CU Medicine providers.
• Generate written appeals using well-researched logic and manage complicated claims.

Skills

Medical Billing

Denial Resolution

ICD-10 Coding

CPT Coding

Analytical Skills

Communication Skills

Education

Bachelor's Degree in a Related Field

Tools

PC Software

Job description

University of Colorado Medicine (CU Medicine) is the region’s largest and most comprehensive multi-specialty physician group practice. The CU Medicine team delivers business operations, revenue cycle and administrative services to support the patients of over 4,000 University of Colorado School of Medicine physicians and advanced practice providers. These providers bring their unparalleled expertise at the forefront of medicine to deliver trusted, compassionate health care services at primary and specialty care clinics as well as facilities operated by affiliate hospitals of the University of Colorado.

We are seeking a highly motivated Medical Billing Denial Specialist to join our Accounts Receivable Resolution team.

This job can be performed 100% remotely and out of state candidates will be considered.

The Medical Billing Denial Specialist is primarily responsible for resolving all insurance claim denials for assigned departments to enhance revenues for CU Medicine providers. The individual in this position will generate effective written appeals to carriers using well-researched logic. Denial Specialists are independently accountable for the denial resolution for their assigned divisions.

Duties and responsibilities include but are not limited to the following:

• Appeal denials through coding review, contract review, medical record review and carrier interaction.
• Demonstrate a high level of expertise in the management of complicated denied claims.
• Deploy analytical approach to resolve denials and recognize trends/patterns in order to proactively resolve recurring issues.
• Utilize a multitude of resources to ensure correct appeal processes are followed.
• Communicate identified denial patterns to management.
• Prioritize and process large volume of denials and maintain high quality of work.
• Serve as an escalation point for unresolved denial issues.
• Inform team members of payer policy changes.
• Assist in training new employees as assigned.
• Collaborate on special projects as needed.

Requires 3-5 years experience in medical practice billing with exposure to working with denials, appeals, insurance collections and related follow-up; bachelor’s degree in a related field is strongly preferred. Must have ICD-10 and CPT coding assessment skills, CPC certification is preferred. Intermediate PC software experience required. Advanced verbal and written communication skills are essential. Must demonstrate a solid understanding and ability to apply contract language in conjunction with a comprehensive understanding of claims denial appeal logic.

All applications MUST be submitted via our website.

CU Medicine is dedicated to ensuring a safe and secure environment for our staff and visitors. To assist in achieving that goal, we conduct background investigations for all prospective employees prior to their employment. We are an equal opportunity employer.

The listed pay range (or hiring rate) represents CU Medicine’s good faith and reasonable estimate of the range of possible compensation at the time of posting and is based on evaluation of competitive market data.

A variety of factors, including but not limited to, internal equity, experience, and education will be considered when determining the final offer.

CU Medicine provides generous leave, health plans and retirement contributions which take your total compensation beyond the number on your paycheck.

CU Medicine will post all jobs for a minimum of 7 days or until 250+ applicants have been received (whichever comes first).

CU Medicine supports a Tobacco Free Workplace Environment which prohibits smoking and the use of tobacco products on CU Medicine property, Anschutz Medical Campus and adjacent business locations.