Senior Payer Relations Specialist
5 days ago
At Adaptive Biotechnologies, we are seeking a highly skilled Senior Payer Relations Specialist to join our team. This role will play a critical part in increasing collections from insurance companies by effectively managing payor follow-up and appeals of denied claims.
Key Responsibilities:- Communicate effectively with payors and internal stakeholders to resolve reimbursement issues and ensure optimal payment for Adaptive's clinical products.
- Support revenue and ASP growth in collaboration with the Market Access team and external billing vendor.
- Stay current with payor policy changes and regulations to ensure accurate and timely reimbursement of claims.
- Provide support and guidance to clinical and administrative staff on reimbursement and compliance issues.
- Review claims and supporting clinical documents for billing and coding accuracy.
- Remains knowledgeable on third-party requirements, and regulatory guidelines at the federal, state, and local levels.
- Support reduction in denials percentage, claims underpayments and time to adjudication.
- Work with data analytics and revenue operations team to refine analytical tools that support process efficiencies and data-driven insights.
- Generate and analyze reports to identify trends, areas for improvement and potential revenue opportunities.
- Monitor and maintain accurate and up-to-date payor contract information in billing systems.
- 5-7+ years billing, coding, and reimbursement experience in CLIA laboratory services sector - pathology and oncology industry preferred. Commensurate experience in other healthcare provider settings will be considered.
- Strong knowledge of Medicare, Medicaid, and private insurance reimbursement processes and regulations.
- Proficient knowledge of CMS guidelines.
- Excellent interpersonal and communication skills, with the ability to build and maintain positive relationships with insurance payors.
- Ability to work independently, prioritize tasks, and meet deadlines in a fast-paced environment.
- Strong problem-solving skills, with the ability to quickly identify and resolve issues affecting payment of claims.
- Knowledge of medical billing and coding practices and procedures.
- Strong computer skills, including proficiency in Microsoft Office and healthcare billing and reimbursement software.
- Proficient knowledge and understanding of use of coding modifiers.
- CPC or equivalent certification.
- Knowledge of GTR, GTU and PLA coding.
- Knowledge of PAMA.
- Proficiency in Salesforce, Tableau, EHR and revenue cycle systems.
Salary Range: $79,400 - $119,200
Other compensation elements include: equity grant, bonus eligible
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