Payer Services Specialist

Trilogy Health Services; Kentucky; On-site; USD 50,000 - 70,000; Full time

Benefits offered by this job

Weekly pay

Health and dental insurance

Student loan repayment

401(k) match

Job summary

Trilogy Health Services, located in Louisville, Kentucky, is seeking a Payer Services Specialist. This role involves handling prior authorizations and insurance verifications for potential admissions and therapy services. The chosen candidate will ensure timely authorization is obtained to reduce risks of nonpayment.

Applicants should have a high school diploma and at least five years of healthcare insurance experience, ideally in a senior living setting. A bachelor's degree is preferred.

Qualifications

• Minimum of five years of healthcare insurance experience.
• Experience in healthcare billing or managed care organization is preferred.

Responsibilities

• Perform tasks related to prior authorizations and insurance verifications.
• Provide education on authorization and recertification processes.
• Ensure timely authorization to minimize nonpayment risk.

Skills

Healthcare insurance experience

Communication skills

Problem-solving

Education

High School diploma or equivalent

Bachelor's degree in accounting or business preferred

Job description

Weekly pay, health and dental after your first month, student loan repayment, a competitive 401(k) match, and more! Make a living while you make a difference at Trilogy Health Services – a senior living provider with the continuous goal of being the Best Healthcare Company in The Midwest.

Based in Louisville, Kentucky, our Home Office team is looking for a Payer Services Specialist.

This role will report directly to our Director of Payer Relations and Auth Svcs. and is responsible for performing tasks related to prior authorizations, recertifications, and insurance verifications for potential admissions and therapy services.

The Payer Services Specialist will be cross trained in coordinating residents' access to services by gathering information to obtain verification and authorization from various insurance payers. This position will be responsible for tracking and troubleshooting issues to ensure timely authorization is obtained and limit risk of nonpayment.

POSITION OVERVIEW

• Perform tasks assigned in areas of centralized eligibility, prior authorization intake, or recertification as delegated or assigned by Payer Services Team Lead or Director.
• Provide education on authorization, recertification, and benefit eligibility to campuses.
• Research and assist the BOM and revenue cycle team with denial research as it pertains to eligibility or authorizations denials.
• Assist in identifying areas of opportunity and collaborate to troubleshoot and rectify problems within the authorization or eligibility process.
• Validate and verify patient's active insurance benefits, demographics, prior authorization requirements, network status, and financial information for the purpose of guaranteeing reimbursement for services rendered and to minimize collection issues and/or bad debt expense.
• Initiate online verifications and/or make phone contact with Insurance Carriers and Plan Administrators to validate patient's benefits for primary and secondary coverage.
• Responsible for completing the Preadmission Financial Verification prior to admission in a timely manner.
• Determine if override requirement is necessary based upon company set thresholds and campus specific contract details.
• Provide campus team support explaining residents' benefits and requirements.
• Verify and understand various insurance company benefits for Skilled Nursing and Outpatient Therapy services.
• Identify patient financial responsibility.
• Document complete and accurate data relating to all necessary eligibility, benefits, and precertification information for the appropriate Matrix Care database fields after admission or services rendered.
• Maintain a thorough understanding of all major insurance plans and network/contracted provider verification requirements.
• Ensure billing information and authorization requirements are communicated to the campus and prior authorization intake so that MatrixCare is set up correctly and claims can be billed accurately.
• Maintain a thorough understanding of all major insurance plans and educate the clinical team regarding insurance requirements and limitations.
• Ensure reimbursement and billing information/requirements are communicated to the campus so that claims can be billed accurately.
• Negotiate Single Case Agreements with managed care and other insurance carriers for reimbursement.
• Assist in researching escalated issues from payers, case managers, revenue cycle team or campuses in a timely and effective manner and provide audit of process to identify system or process failures.

QUALIFICATIONS

• High School diploma or equivalent. Bachelor's degree or higher in accounting or business or related field preferred.
• Minimum of five (5) years healthcare insurance experience in a healthcare, senior living industry, long‑term care environment preferred, healthcare billing or managed care organization.

LOCATION

US-KY-Louisville

303 N. Hurstbourne Parkway

Louisville, KY

EEO STATEMENT

Trilogy Health Services is proud to be an equal opportunity employer committed to helping you reach your full potential and promoting diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as outlined by federal, state, or local laws.

FOR THIS TYPE OF EMPLOYMENT STATE LAW REQUIRES A CRIMINAL RECORD CHECK AS A CONDITION OF EMPLOYMENT.