Insurance Denials Specialist III

RAYUS now offers DailyPay! Work today, get paid today!

The pay range for this position is $22.40 - $31.87 based on direct and relevant experience. 

RAYUS Radiology is looking for a Insurance Denials Specialist III to join our team. We are challenging the status quo by shining the light on radiology and making it a critical first step in diagnosis and proper treatment. Come join us and shine brighter together! As an Insurance Denials Specialist III you will be responsible for researching denied claims to determine the reason for a denied or unpaid claim and take necessary steps to expedite the medical billing and collections of the accounts receivable.  Working in a team environment, you’ll communicate with patients, insurance carriers, co-workers, centers, markets, referral sources and attorneys in a timely, effective manner. This is a 100% remote full-time position working 40 hours per week working corporate hours.

This is a full-time remote position working 40 hours per week. Shifts are from 8:00am-4:30pm. 

ESSENTIAL DUTIES AND RESPONSIBILITIES:

(85%) Insurance Denial Follow-up

• Accurately and efficiently reviews denied claim information using the payer’s explanation of benefits, website, and by making outbound phone calls to the payer’s provider relations department for multiple denial types, payers, and/or states
• Reviews and obtains appropriate information or documentation from claim re-submission for all denied services, per insurance guidelines and requirements
• Communicates with patients, insurance carriers, co-workers, centers, markets, referral sources and attorneys in a timely, effective manner to expedite the billing and collection of accounts receivable
• Documents all communications with coworkers, patients, and payer sources in the billing system
• Contributes to the steady reduction of the days-sales-outstanding (DSO), increases monthly gross collections and increases percentage of collections
• Prioritizes work load, concentrating on “priority” work which will enhance bottom line results and achievement of the most important objectives
• Contributes to a team environment
• Recognizes and communicates trends in workflow to departmental leaders
• Meets or exceeds RCM Quality Assurance standards
• Ensures timely follow-up and completion of all daily tasks and responsibilities

(10%) Staff Support

• Assists in the mentoring and training of new Insurance Denials Specialists
• Recommends and assists in implementing new approaches and ideas for improvement in processes and workflows
• Serves as a resource for Insurance Denials Specialists
• As assigned, acts as department go-to resource for team and others in Lead or Manager’s absence

(10%) Performs other duties as assigned

• As backup for customer service team, communicates and responds to customer inquiries as needed

Required:

• High School diploma or equivalent
• 4 years’ experience in a medical billing department, prior authorization department or payer claim processing department, or 2+ years’ experience as Insurance Denials Specialist within the organization
• Intermediate proficiency with Microsoft Excel, PowerPoint, Word, and Outlook
• Proficient with using computer systems and typing

Preferred:

• Graduate of an accredited medical billing program
• Bachelor’s degree strongly preferred
• Knowledge of ICD-10, CPT and HCPCS codes