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.