Variance Analyst

7 days ago


Richmond Heights, Virginia, United States UHS Full time
About the Role

We are seeking a skilled Variance Analyst to join our team in Richmond, VA. This role is responsible for resolving over and underpayment discrepancies on paid accounts, ensuring accurate maintenance of cost payer logs, and communicating with third-party payers to determine necessary corrections.

Responsibilities
  • Respond to manager's requests in a timely manner.
  • Recognize variances regarding payments from all third-party carriers and advise managers accordingly.
  • Correct log errors as they occur in a timely and satisfactory manner.
  • Document all actions in the note screen of the Patient Accounting system.
  • Post allowed adjustments as needed to assigned accounts.
  • Direct any problems with accounts or where additional intervention is needed to management for resolution.
  • Contact third-party payers when changes occur in the reimbursement amount to determine if corrections need to be made in the discount.
Requirements
  • Proactive, assertive articulation of knowledge and understanding of payer claims processing philosophies.
  • Understanding of complex managed care agreements.
  • Ability to communicate clearly and concisely both verbally and writing.
  • Customer-focused, providing service consistently exceeding expectations to both internal and external customers.
  • Proficiency in Microsoft Office applications and others as required.
  • Ability to prioritize needs and to manage resources.
  • High school diploma or equivalent and 1-3 years contract analysis experience preferred.
Benefits

We offer a competitive salary range of $55,000-$70,000 per year, depending on experience, plus excellent benefits including medical, dental, vision, and prescription drug plans, 401(k) with company match, and discounted stock plan. We also offer career development opportunities within UHS and its 300+ subsidiaries.


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