Charge Master Analyst
Albany Medical Center · Albany, NY · 1 mo ago
Business Development$65k–$97k/yrFull-time
About the role
This position is responsible for coordinating the charge master system and function, maintaining a complete, accurate and standardized charge master, providing expertise, support, education, guidance, and recommendations to clinical and administrative departments, and ensuring compliance with government and third-party payer policies.
Responsibilities
- Builds and nurtures collaborative relationships with the AMHS executive team, clinical chairs, faculty, clinicians, and other leaders across the health system.
- Ensures immediate action is taken on any issues identified by Legal Services or Corporate Compliance.
- Reviews, identifies, and analyzes necessary CPT changes related to quarterly and annual AMA CPT updates and regulatory changes by timelines set.
- Works with revenue producing departments to ensure the ongoing coordinated consistency of the chargemaster and fee schedules, including accurate descriptions, coding, additions, deletions, pricing, and any other changes.
- Assists in ensuring that the charge master and fee schedules are in accordance with government compliance policies and procedures, as well as third party payer needs.
- Conducts annual review of the charge master and quarterly updates as appropriate to enhance revenue for the hospital departments.
- Serves as resource to Patient Financial Services staff for reporting problems and denials on individual claims.
- Assists in researching coding issues and recommending solutions to account representatives.
- Identifies source of problem and works with analysts to implement corrective actions to ensure that the chargemaster is updated to prevent future rejections/denials and to ensure accurate and expedient reimbursement.
- Assists in strategic pricing process to optimize reimbursement within budget guidelines.
- Participates in ongoing coordination and resolution of revenue issues as they arise.
- Aids in troubleshooting and resolving issues related to the patient revenue cycle and assists in development and recommendations.
- Aids in the development and maintenance of policies and procedures for the CDM, Pricing Policies, and charge capture processes.
- Acts as a source of reference for enterprise on regulatory, reimbursement, or billing changes, and develops and implements training to maintain and support compliance with federal and state regulations.
- Maintains a working knowledge of revenue cycle process to aid in the implementation of regulatory standards that assist compliant charge capture practices.
- Maintains compliance with corporate, federal, and state guidelines to include review of commercial bulletins for HCPCS/CPT code changes and additions and billing unit rule changes.
- Performs other duties as assigned.
Requirements
- Associate's Degree in business, Accounting or Finance - required
- Minimum of 3 years' experience in charge capture, coding, or charge description master in a hospital and/or a practice environment - required
- Epic experience - preferred
- Knowledge of healthcare revenue cycle functions, billing, and collection processes specific to the charge description master
- Knowledge of CMS local, state, and federal regulatory requirements and the various data elements associated with all types of claim forms
- Ability to identify data and analytic challenges including data integrity, appropriateness of data sample, context, and consistency between sources
- Fully leverages power analytic tools
- Experience supporting Revenue Integrity initiatives specific to implementation, and/or major process improvement and redesign
- Plans effectively yet is flexible based on the atmosphere and needs of the audience
- Connects with the group. Is masterful and an engaging listener
- Demonstrated ability to manage multiple priorities and meet all established deadlines
- Excellent verbal and written communication skills
- Certified Professional Coder (CPC), Certified Coding Specialist (CCS) or other certification - preferred
Qualifications
- Equivalent combination of relevant education and experience may be substituted as appropriate
Physical Demands
- Standing - Occasionally
- Walking - Occasionally
- Sitting - Constantly
- Lifting - Rarely
- Carrying - Rarely
- Pushing - Rarely
- Pulling - Rarely
- Climbing - Rarely
- Stooping - Rarely
- Kneeling - Rarely
- Crouching - Rarely
- Crawling - Rarely
- Reaching - Rarely
- Handling - Occasionally
- Grasping - Occasionally
- Feeling - Rarely
- Talking - Constantly
- Hearing - Constantly
- Repetitive Motions - Frequently
- Eye/Hand/Foot Coordination - Frequently
- Working Conditions
- Extreme cold - Rarely
- Extreme heat - Rarely
- Humidity - Rarely
- Wet - Rarely
- Noise - Occasionally
- Temperature Change - Rarely
- Atmospheric Conditions - Rarely
- Vibration - Rarely