Recovery Reimbursement Analyst

Halifax Health ExpressCare; Daytona Beach (FL); On-site; USD 50,000 - 70,000; Full time

Job summary

Halifax Health ExpressCare in Daytona Beach, Florida seeks a Recovery Reimbursement Analyst to manage and resolve outstanding insurance claims, including denials and unadjudicated balances. The ideal candidate will have a healthcare background and experience in hospital billing.

This role requires analytical skills and proficiency in relevant coding, with a strong emphasis on collaboration with internal teams and external insurance payers. The position offers a dynamic work environment focused on improving reimbursement processes.

Qualifications

• Minimum three years previous experience in healthcare or one year with degree.
• Familiarity with third-party billing and collection process.
• General PC operational knowledge.

Responsibilities

• Manage and resolve outstanding insurance claims.
• Review and analyze denied claims for follow-up actions.
• Submit technical appeals to insurance payers.
• Collaborate with teams for solutions and improvements.
• Provide accurate reporting to support managed care initiatives.

Skills

Healthcare experience

Claim management

Problem-solving

Analytical skills

Knowledge of CPT/HCPCS and ICD-10

Education

Associate or Bachelor’s degree

Tools

Epic Resolute Hospital Billing

Excel

Job description

## Recovery Reimbursement AnalystApplylocations: US-FL-Daytona Beachtime type: Full timeposted on: Posted Todayjob requisition id: JR102900Day (United States of America)Recovery Reimbursement AnalystThe Recovery Reimbursement Analyst I is responsible for managing and resolving outstanding insurance claims, including denials, unadjudicated balances with no payer response and claims requiring technical appeal submissions for technical hospital claims. This role requires an understanding of payer policies, medical billing codes and hospital reimbursement protocols. This analyst will work directly with insurance companies and internal departments to ensure timely and accurate reimbursement and resolve any discrepancies in the hospital’s accounts receivable balances.Associate or bachelor’s degree or relevant certification from accredited institution preferred. Requires a minimum of threeyears previous experience in healthcare (or one year healthcare experience with an associate or bachelor’s degree) withtwo years of claim experience in hospital billing with complete familiarity of the third-party billing and collection process.Must have general PC operational knowledge and skills. Experience in Epic Resolute Hospital Billing or equivalentexperience preferred.JOB RESPONSIBILITIES AND STANDARDS- Review and analyze denied claims to determine the reason for denial and identify any necessary follow-up action - Work accounts that are not paid at the primary expected reimbursement based on hospital agreement with payeror entity; submit reconsiderations and follow-up to receive appropriate reimbursement - Submit technical appeals to insurance payers, ensuring all necessary documentation is included and adheres topayer requirements - Follow-up on submitted appeals to track status, ensure timely resolution and minimize adverse financial impact - Investigate payment discrepancies from claim submission to 835 remittance of payment if denial adjudicationdoes not reconcile to original submission - Work closely with billing and managed care teams to gather relevant documentation and information required forappeals and dispute resolution - Collaborate with internal teams to identify root causes and suggest solutions for continuous improvement - Maintains current knowledge of CPT / HCPCS and ICD-10 coding in accordance with insurance payer guidelinesfor UB04 claim forms. - Provide accurate reporting at account level work and re-work to support managed care initiatives and track payerbehaviors - Maintains knowledge of insurance payer contracts in accordance with insurance payer guidelines - Contributes to effective working relationships by demonstrating a positive and helpful attitude in relationshipswith co-workers and customers. - Other duties as assigned.OTHER REQUIREMENTS & SPECIFICATIONS Completion of the assigned training modules Internal Candidates must be without infractions for twelve months Understands the LCDs and Rules and Regulations of CMS Basic Excel knowledge Basic analytical skills Ability to solve problemsCompletion of the assigned training modulesInternal Candidates must be without infractions for twelve monthsUnderstands the LCDs and Rules and Regulations of CMSBasic Excel knowledgeBasic analytical skillsAbility to solve problems**WORK CONDITIONS:** The individual spends almost 100% of their time in an air-conditioned building with minimal exposure to excessive humidity and noise.