Risk Adjustment Coding Specialist I

Millennium Physician Group; Town of Florida (NY); On-site; USD 26,000 - 39,000; Full time

Job summary

Millennium Physician Group is seeking a Risk Adjustment Coding Specialist to support the Burden of Illness program. You will perform prospective reviews, validate diagnoses, and ensure accurate ICD-10-CM coding across encounters, with QA validation and collaboration with clinicians.

You will stay current with Medicare guidelines, participate in staff training, and help maintain high accuracy while meeting productivity targets in a fast-paced environment.

Qualifications

• Active coding credential (AAPC or AHIMA) required.
• 1 year medical field experience preferred, outpatient/ACO setting.
• Proficient in ICD-10-CM guidelines and conventions.
• Familiar with Medicare risk adjustment methodologies and HCC coding.
• Strong communication and analytical skills for documentation review.
• Ability to work independently and meet deadlines in a fast-paced environment.
• Proficiency in MS Office and multiple EMR systems.

Responsibilities

• Perform prospective medical record reviews for indicators supporting a diagnosis.
• Review encounter records and provider ICD-10-CM codes for accuracy before claim submission.
• Collaborate with providers to clarify documentation and ensure proper coding.
• Stay updated on Medicare guidelines, coding regulations, and reimbursement methods.
• Participate in coding education and training initiatives.
• Maintain a 95%+ accuracy rate and meet productivity standards.
• Abstract and assign ICD-10-CM codes from documentation in encounters.
• Conduct retrospective audits to identify discrepancies and opportunities.
• Analyze MRA data to identify patterns and interventions.
• Provide status reports and identify risks impacting project success.
• May take on additional projects or higher workload as assigned.

Skills

ICD-10-CM coding

Attention to detail

Analytical skills

Communication

Time management

Collaboration

Regulatory compliance

Education

High school diploma or GED

AAPC/AHIMA coding credential

CRC designation preferred

1 year medical coding experience

Tools

MS Office

EHR systems

Job description

Job Description Summary

Under the direction of Burden of Illness department leadership, the Risk Adjustment Coding Specialist is responsible for various aspects of decision-making and coding reviews to facilitate, obtain, validate, and reconcile appropriate provider documentation for clinical conditions that accurately reflect the severity of illness and complexity of patient care.

How Will You Make An Impact & Requirements

This Position Is Responsible For Risk Adjustment Coding And Quality Assurance Validation For The Following Programs, Including But Not Limited To:

• Prospective medical record review
• Concurrent outpatient claim diagnosis coding
• Retrospective medical record and provider response reviews

Responsibilities

Perform prospective medical record reviews for clinical indicators supportive of an underlying diagnosis to be presented to a clinician for review during a subsequent face-to-face encounter.

• Review the encounter level patient medical record and provider selected ICD-10-CM diagnosis codes in real time prior to claim submission to validate completeness and accuracy of provider selected ICD-10-CM codes.
• Collaborate with healthcare providers and other stakeholders to clarify documentation and ensure accurate coding and reporting of diagnoses.
• Stay updated on changes to Medicare guidelines, coding regulations, and reimbursement methodologies to ensure compliance and accuracy in coding practices.
• Participate in coding education and training initiatives for staff to promote consistent and accurate coding practices across the organization.
• Stays current on applicable coding and documentation guideline changes and rules.
• This role is expected to maintain a consistent accuracy rate of 95% or higher and able to meet productivity standards established by leadership.
• Perform other job-related duties as assigned by leadership.
• Abstract and assign ICD-10-CM diagnosis codes supported in the encounter documentation not initially assigned to the encounter claim following ICD-10-CM Official Guidelines for Coding and Reporting.
• Conduct retrospective audits of medical records to validate the accuracy and completeness of diagnosis coding and claim submission, identifying and resolving any discrepancies or areas for improvement.
• Perform comprehensive reviews of provider actions within the Value Based Alert Tool (VBAT) to identify outliers and areas of opportunity.
• Analyze MRA data to identify patterns and when requested assist in the development of interventions at the provider and region level.
• Keeps department leadership apprised of project activities through regular written and oral status reports. Proactively identifies risks that may hinder project success.
• May be assigned additional projects/higher work volume than Risk Adjustment Coding Specialist I

Qualifications

• High school diploma or GED equivalent
• Current active coding credential through AAPC or AHIMA required.
• Preference given to those with CRC designation.
• Maintains active professional certification and complies with all educational, professional, and ethical requirements of said certification.
• Minimum of one (1) year of experience in medical field, preferably in an outpatient or accountable care organization setting.
• Proficiency in ICD-10-CM coding guidelines and conventions.
• Knowledge of medical terminology, abbreviations, anatomy and physiology, major disease processes, and pharmacology.
• Familiarity of Medicare risk adjustment methodologies and HCC coding principles.
• Excellent diligence and analytical skills, with the ability to review and interpret complex medical documentation.
• Effective communication and people skills to collaborate with healthcare providers and other team members.
• Ability to work independently and prioritize tasks to meet deadlines in a fast-paced environment.
• Proficiency in electronic health record (EHR) systems.
• Commitment to maintaining confidentiality and adhering to ethical coding standards.

Level II (in Addition To Minimum Qualifications):

• Minimum of two (2) years coding experience or directly related medical experience, one (1) of which includes Hierarchical Condition Category (HCC) coding.
• Advanced knowledge of medical terminology, abbreviations, anatomy and physiology, major disease processes, and pharmacology.
• Extensive knowledge of coding conventions and payment rules as they apply to medical record documentation, billing of medical services, and health care reimbursement systems. This includes a comprehensive understanding of ICD-10-CM.
• Advanced technical skills for use of MS Office (Excel, Word, Access, and PowerPoint).
• Demonstrated ability to utilize a variety of electronic medical records systems.
• Ability to manage significant workload, and to work efficiently under pressure meeting established deadlines with minimal supervision. Strong time management skills. Must possess high degree of accuracy, efficiency, and dependability.
• Demonstrated ability to communicate clearly and effectively with a wide variety of individuals at all levels of the organization both verbally and written.
• Demonstrated organizational and problem-solving ability.
• Strong analytical and mathematical skills.
• Demonstrated experience in project completion, educational program development and/or group presentation.

Compensation Range

$19.00 to $28.50

The anticipated base salary range represents the Company's good-faith estimate of the compensation it reasonably expects to pay for this position at the time of posting. Actual compensation will be determined based on factors including experience, skills, qualifications, geographic location, internal equity, and business needs.