Contract & Reimbursement Analyst II
Elevate Patient Financial Solutions® · United States · 1 mo ago
RemoteRemoteFinanceFull-time
Essential Duties And Responsibilities
- Ensures las contract rates and terms are available.
- Requests clarification from clients on missing information or reimbursement interpretations.
- Builds stop-loss definitions.
- Confirms correct plan code affiliations.
- Identifies payer product line evolution and updates the pricing portal accordingly.
Special Projects
- Creates price uploads following model approval.
- Builds client pricing transparency files for online publication under federal requirements.
- Affords assistance with room-rate and lesser-of analyses.
Quality Assurance Support
- Compares annual pricing models to ensure data integrity.
- Troubleshoots process issues for root cause.
- Affords assistance with creation and implementation of QA programs.
- Communicates updates, issues, and concerns to leadership.
- Communicates with clients to confirm contract terms and intentions.
- Performs other duties as assigned.
Remote and Hybrid Positions
Remote and Hybrid positions require a home internet connection that meets the company’s upload and download speed criteria.
Required Education and Knowledge
- Bachelor’s degree or equivalent experience.
- 3–5 years of hospital managed care contracting experience.
- Extensive expertise in reimbursement methodologies across hospitals, physicians, ancillary services, and health plans.
- Comprehensive understanding of DRGs, CPTs, Revenue Codes, Charge Codes, and ICDs, as well as advanced analytical concepts and procedures.
- In-depth knowledge of Medicaid and Medicare fee schedules.
- Solid background in healthcare finance and business principles.
Required Skills
- Exceptional abilities in organizing and keeping thorough records.
- Outstanding skills in both spoken and written communication.
- Advanced proficiency in interpreting and analyzing contracts.
- Skilled in using Microsoft Office tools such as Excel, Word, Outlook, Visio, and Teams.
- Excellent at delivering presentations and building relationships.
- Capable of juggling multiple tasks, applying analytical thinking, making decisions, mapping data, and solving complex problems.
- Effective project management, strong problem-solving, and mathematical capabilities.
Benefits
- Medical, Dental & Vision Insurance.
- 401K (100% match for the first 3% & 50% match for the next 2%).
- 15 days of PTO.
- 7 paid Holidays.
- 1 Floating holidays.
- Elevate Day (floating holiday).
- Pet Insurance.
- Employee referral bonus program.
- Teamwork: We believe in teamwork and having fun together.
- Career Growth: Gain great experience to promote to higher roles.
Pay
The salary of the finalist selected for this role will be set based on a variety of factors, including but not limited to, internal equity, experience, education, location, specialty and training.