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Revenue Recovery Specialist
3 weeks ago
We are seeking a highly skilled Revenue Recovery Specialist to join our team at Boost Healthcare. As a key member of our revenue recovery process, you will be responsible for investigating claims, following up with payers, and collecting insurance accounts receivable. Your expertise in revenue cycle management and knowledge of billing/collection rules will enable you to identify potential revenue streams and implement effective strategies to optimize client recoveries.
Estimated Salary: $36,300 - $53,700 annually
Key Responsibilities- Conduct thorough research on underpaid claims to identify root causes and develop solutions
- Analyze claim data to identify trends and areas for improvement
- Draft appeals to insurance carriers on denied or underpaid claims
- Collaborate with project teams to implement retrospective recovery processes
- Strive to maintain production, quality, and project-based benchmarks
- High School Diploma or GED required; Bachelor's degree preferred
- Experience in the revenue cycle or healthcare finance related field required
- Demonstrated knowledge of billing/collection rules, regulations, systems, and databases
- Critical thinking skills, analytical skills, and financial acumen