Specialist- Revenue Cycle

North Mississippi Medical Center, Inc; United States; On-site; USD 45,000 - 65,000; Full time

Job summary

North Mississippi Health Services seeks a Revenue Cycle Specialist to optimize billing, denial management, and reporting. You will handle bill processing, follow-up with third-party payers, and contribute to strategies that improve payment capture and overall financial health.

Working under the Billing Manager, you will analyze denials, communicate with payers, and prepare monthly reports. The role emphasizes analytical reasoning, organization, and strong communication with vendors, staff, and

Qualifications

• Experience in Revenue Cycle flow including bill processing and denials/appeals.
• Strong analytical and problem-solving abilities.
• Excellent organizational and written/verbal communication skills.
• Ability to analyze payer trends and communicate insights.

Responsibilities

• Billing & follow up with third party payers via portals and formats.
• Handle denial management and reprocessing to resolve accounts.
• Develop and communicate strategies for appeals and underpayments.
• Analyze denials and report trends to supervisors and billing manager.
• Maintain familiarity with payer methodologies and contract terms.
• Serve as liaison between payers, hospital departments, and patients.
• Assist in monthly denial and variance reporting.

Skills

Analytical skills

Communication skills

Organizational skills

Negotiation skills

Payer trend analysis

Interpersonal skills

Tools

Microsoft Office

Outlook

Payer portals

Job description

We believe a career is more than just a career - it's a calling. Our teammates' "True North" is what calls them to health care; it's their passion. At North Mississippi Health Services, we believe in helping you leverage and connect that passion with a much greater purpose that impacts people you know and love.

Department: 10009220 Business Office Billing

Work Shift:

Job Description:

The Revenue Cycle Specialist at North Mississippi Health Services is responsible for facilitating effective Revenue Cycle flow, which includes bill processing and resolution, denials and appeals management, and recurring reporting generation to monitor status and performance. This role operates under the guidance of the Billing Manager and requires an experienced individual with knowledge of third party payers and contracts and excellent organizational, analytical, and communication skills to effectively interface with third party payers, vendors, and staff in claims review, analyze reports and claims to identify underpayments and trends, and facilitate action to support claim resolution and payment capture to promote overall effective and efficient area function and the financial health of the organization.

JOB FUNCTIONS

Billing & Follow Up:

• - Processes Billing by receiving, interpreting, processing, and submitting through various edits to third party payors billing electronically and hard copy format.
• - Conducts billing follow up by contacting third party payers or accessing payer websites/provider portals to determine payment expectation and resolve any problem on the claim.
• - Facilitates information communications and processing by interpreting and processing third party payor and patient inquiries in an accurate and timely manner to expedite payment.

Denial Management:

• - Manages denial receivable to resolve accounts.
• - Develops strategy for appeal, appeal follow-up and/or reprocessing accounts.
• - Analyzes denials to determines reason they occurred.
• - Identifies trends and reports significant and recurring issues along with possible solutions to Denials Management Supervisor and Billing Manager.
• - Takes corrective action through systematic and procedural development to reduce or eliminate payment issues.

Contract Management:

• - Maintains familiarity with payer methodologies and the ability to communicate with NMHS staff.
• - Manages paid claims to resolve underpaid accounts.
• - Develops strategy for appeal, appeal follow-up and/or reprocessing accounts.
• - Analyzes underpayments to determine reason they occurred.
• - Identifies trends and reports significant and recurring issues along with possible solutions to the Denials and Underpayment manager.

Communication:

• - Professionally and effectively communicates with third party carriers, vendors, and hospital contacts to promote contractual compliance.

Liaison:

• - Contacts insurance companies regarding denial, underpayments or rejection issues.
• - Serves as liaison between payers and hospital departments/physician offices or patients in resolving denials and/or underpayment issues.

Reporting:

• - Assists in preparation of monthly denial reports and other denial reports as requested.
• - Assists in preparation of monthly variance reports and other variance reports as requested.

Regulation:

• - Adheres to NMHS/NMMC Policies/Procedures/Guidelines.
• - Complies with applicable Local/State/Federal policies/procedures/guideline/regulations/laws/statues.

Knowledge Skills and Abilities

• - Excellent analytical and problem-solving skills
• - Good organizational and communication (written and verbal) skills
• - Excellent interpersonal skills
• - Computer skills with strong Microsoft Office, Outlook, Third Party Payer websites
• - Must be able to research, analyze and communicate payer trends to identify reimbursement and training issues
• - Must professionally and effectively communicate with third party carriers, vendors, and hospital contacts to promote contractual compliance
• - Must provide input and help design payer report cards in conjunction with contracting, managed care, and other revenue cycle departments
• - Must serve as member of the Denials Committee
• - Must conduct training sessions with Billing and Follow-up staff as needed
• - Must have effective negotiating skills, including the ability to resolve difficult claims issues
• - Must be able to gather and share information with knowledge, tact, and diplomacy
• - Must have extensive contact with: patients, payers, physician office staff, coding staff, Credentialing, Case Management, various Department heads, and all staff within the department

Physical Demands

• - Standing. Constantly
• - Walking. Frequently
• - Sitting. Rarely
• - Lifting/Carrying. Frequently 50 lbs
• - Pushing/Pul