Jobs · OTHR · Colorado

Complex Revenue Recovery Specialist

Altivera Medical · Denver, CO · 1 mo ago
OTHRFull-time

Core Competencies

  • Advanced Revenue Recovery — Applies deep reimbursement expertise to resolve high-dollar, escalated, and financially significant payer disputes.
  • Financial Investigation — Performs detailed claim, payment, and reimbursement analysis to identify variances, exposure, and recovery opportunities.
  • Contract Interpretation — Interprets payer contracts, fee schedules, reimbursement methodologies, and payment terms to support dispute resolution.
  • Appeals & Escalation Strategy — Develops advanced appeal, redetermination, reconsideration, ALJ, and payer-escalation strategies.
  • Strategic Resolution — Evaluates complex fact patterns and develops practical, financially sound approaches to reimbursement disputes.
  • Revenue Optimization — Identifies opportunities to recover underpayments, prevent revenue leakage, and strengthen future reimbursement outcomes.
  • Advanced Problem Solving — Uses critical thinking, research, and sound judgment to resolve ambiguous or non-routine reimbursement matters.
  • Cross-Functional Influence — Coordinates effectively with Revenue Integrity, Legal, Compliance, payer relations, operational leaders, and executive stakeholders.

Essential Duties & Responsibilities

  • Complex Recovery Resolution
    • Investigate and resolve high-dollar reimbursement discrepancies, complex denials, underpayments, and payment variances.
    • Manage escalated payer disputes that require advanced research, documentation, negotiation, or cross-functional intervention.
    • Develop and execute recovery strategies for financially significant claims and reimbursement matters.
    • Interpret payer contractual obligations, fee schedules, reimbursement methodologies, and applicable payment terms.
    • Maintain clear documentation of investigation findings, actions taken, payer responses, and resolution outcomes.
  • Advanced Appeals & Government Reimbursement
    • Develop and support advanced payer appeals and escalation packages using claim history, documentation, contractual terms, and reimbursement requirements.
    • Manage Medicare redetermination and reconsideration activities and support Administrative Law Judge (ALJ) matters as applicable.
    • Evaluate appeal viability, financial impact, filing requirements, deadlines, and supporting evidence before escalation.
    • Track complex appeal and dispute outcomes and identify recurring payer behaviors or reimbursement risks.
    • Escalate payer compliance or reimbursement concerns when standard recovery channels have been exhausted.
  • Financial Analysis & Revenue Protection
    • Perform detailed claim, payment, remittance, contract, and reimbursement audits to identify discrepancies and recovery opportunities.
    • Quantify reimbursement losses, underpayments, financial exposure, and potential recovery value.
    • Develop financial impact assessments to support prioritization, escalation, and leadership decision-making.
    • Identify systemic patterns contributing to high-dollar denials, underpayments, or reimbursement leakage.
    • Recommend corrective actions or process improvements that reduce recurrence and protect future revenue.
  • Escalation Management & Cross-Functional Collaboration
    • Serve as an advanced escalation resource for complex reimbursement questions and financially significant cases.
    • Coordinate with Legal, Compliance, payer relations, Revenue Integrity, Billing, Order Management, Finance, and operational leaders when appropriate.
    • Prepare clear case summaries, supporting analysis, and recommended resolution strategies for leadership or executive review.
    • Partner with internal teams to obtain documentation, clarify operational facts, and resolve barriers affecting recovery.
    • Share findings and lessons learned that improve team knowledge and future complex-case resolution.

Key Performance Indicators

Success in this role will be measured against the following KPIs once performance benchmarks and baseline expectations have been established:

  • High-Dollar Recovery Value
  • Escalation Resolution Rate
  • Financial Exposure Mitigation
  • Underpayment Recovery

Experience & Education

  • Five (5)+ years of advanced healthcare reimbursement, denial management, appeals, underpayment, or revenue recovery experience.
  • Demonstrated expertise interpreting payer contracts, fee schedules, reimbursement methodologies, remittance details, and payment variances.
  • Experience resolving complex or high-dollar denials, underpayments, payer disputes, and escalated reimbursement matters.
  • Working knowledge of Medicare redetermination, reconsideration, and Administrative Law Judge (ALJ) appeal processes preferred.
  • Strong analytical and financial review capabilities with the ability to quantify reimbursement exposure and recovery opportunity.
  • Ability to synthesize complex claim, payment, contract, and documentation information into clear findings and resolution strategies.
  • Strong written and verbal communication skills with the ability to influence payer representatives and internal stakeholders.
  • Exceptional critical-thinking, research, organization, and problem-solving skills with strong attention to detail.
  • Experience with DME/HME reimbursement, payer portals, revenue cycle systems, reporting tools, and Microsoft Office preferred.

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