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Revenue Cycle Specialist

2 months ago


New York, New York, United States WCM-Q Full time
Job Summary

We are seeking a highly skilled Revenue Cycle Specialist to join our team at WCM-Q. As a Revenue Cycle Specialist, you will play a critical role in ensuring the accuracy and efficiency of our revenue cycle processes.

Key Responsibilities
  • Conduct retrospective coding and documentation reviews of denied charges for physician services to ensure compliance with billing standards.
  • Analyze denial trends, payer-specific carrier submission requirements, and system optimization to identify areas for improvement.
  • Perform extensive follow-up to investigate and resolve payment denial trends, utilizing ancillary applications and websites to retrieve medical documentation, claim status, and billing guidelines.
  • Research and interpret payer contract terms, compiling necessary supporting documentation templates for appeals according to various payer claim guidelines.
  • Ensure denial reviews are conducted in a timely manner, maintaining up-to-date policies and procedures related to managed care and third-party payors.
  • Participate in annual and ongoing mandatory compliance training, fulfilling Continuing Education Units necessary to maintain certification status.
  • Assist in training current and new employees on the use of systems and departmental policies and procedures.
Requirements
  • High school diploma or GED in a related field.
  • Certification as a Certified Professional Coder (CPC) or Certified Coding Specialist (CCS) is required, with certification from AHIMA or AAPC.
  • Approximately 3-5 years of physician billing experience, specifically accounts receivable and collection experience.
  • Prior experience working with an EMR system.
  • Knowledge of medical terminology, third-party reimbursement, and Microsoft Excel.
Preferred Qualifications
  • Proficient in CPT and ICD10 CM coding guidelines.
  • Ability to meet productivity standards and identify any issues or trends, bringing them to the attention of management.
  • Demonstrated ability to function independently and exercise independent judgment.
  • Demonstrated critical thinking and analytical skills.
  • Ability to meet daily coding and denial management production requirements, along with quality as per Company norms.
  • Strong computer skills in data entry, coding, and knowledge of Electronic Medical Record software (Epic), Microsoft Office, and Excel.
  • Ability to follow coding guidelines and legal requirements to ensure compliance with our Institutional, federal, and state regulations.
  • Excellent interpersonal, verbal, and communication skills.