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Reimbursement Specialist I
2 months ago
The Reimbursement Specialist I is responsible for ensuring the accurate pricing and adjudication of DME claims to minimize the financial burden of Novocure and our patients. This position is focused on claims follow-up and denial resolution, and will be responsible for collaborating with and supporting the other Revenue Operations functional teams.
Key Responsibilities- Perform insurance benefit verifications to confirm active coverage
- Follow-up on outstanding insurance balances via phone and insurance website in a timely manner
- Investigate and resolve all incorrect payments and escalate trended changes in behavior as identified
- Submit and track the status of claim appeals for payment disputes
- Identify the need for a claims project
- Verify presence of and accuracy of prior authorizations and pricing agreements for all patients with insurance
- Identify and escalate contracting implementation challenges and opportunities
- Perform all other duties or priorities assigned by management as needed
- Associates degree or equivalent experience preferred
- 0-2 years' experience in a reimbursement-related function, DME-specific experience preferred
- Maintain integrity and tenacity while working accounts
- Ability to understand and escalate difficult situations
- Ability to collaborate with key internal and external teams
- Ability to solve problems and set priorities
- Ability to work independently with minimal supervision
- Ability to work efficiently and cooperatively in a fast-paced office setting
- Familiarity with medical policies and payer contracts preferred
- Familiarity with basic medical and insurance terminology preferred
- Familiarity with Microsoft Office and SAP preferred
- Fundamental written and verbal communication skills with internal and external customers
- Fundamental customer service skills