Investigations Consultant
About the role
This job is responsible for development and implementation of strategic audit plans utilizing numerous inputs including contracts, industry trends and revenue maximization schemes. The incumbent will also work with other audit team members and external vendors to develop specific auditing techniques to identify overbilling and potential recoveries/savings. Will be called upon as a subject matter expert for investigations providing guidance and mentoring to investigative team. Must be able to testify in a court of law, prepare cases for referral to various federal, state and local law enforcement entities and work with those agencies through closure of the case. Conduct audits for proactive and investigative purposes to comply with internal audit and regulatory requirements.
Responsibilities
- Analyze and evaluate claim processes specific to professional, hospital, ambulatory surgical center, home health and durable medical equipment to identify key areas of risk exposure and develop plans to mitigate risks and maximize financial recoveries/savings.
- Work with audit teams and external audit vendors to identify overbilling, determine data analysis routines and audit approaches.
- Work with operational areas to recover identified overpayments, performing a follow-up review to ensure that the claims were adjusted correctly, resulting in expected recovery/savings.
- Conduct claims system extracts and create reports, graphs, and charts to timely identify trends and patterns of potential healthcare fraud, waste and abuse.
- Communicate findings to company management of various areas including provider relations, reimbursement etc.
- Calculate overpayments in established fraud, waste or abuse cases. Identify all fraudulent activity included in the case, determine what lines of business were involved in the fraudulent activity, and measure overpayment by means of sampling or complete review.
- Negotiate settlements with providers.
- Maintain current case related information on all applicable case management tracking systems.
- Provide investigative support and mentoring to investigative team members.
- Function as a project lead for special investigation projects of varying complexity.
Requirements
- Required Bachelor's degree in Accounting, Finance, Business Administration, Nursing, IT or Related Field
- Required 7 years of in the Health Insurance industry and/or Healthcare Fraud investigations
- Required 3 years in leading projects of varying size and complexity
- Preferred Master's degree in Fraud, Forensics Accounting, Business or related field
Qualifications
- Preferred Certified Fraud Examiner (CFE)
- Preferred Certified Professional Coder (CPC)
- Preferred Certified Professional Coder- Hospital (CPC-H)
- Preferred Certified Outpatient Coder (COC)
- Preferred Accredited Healthcare Fraud Investigator (AHFI)
Skills
- Knowledge of provider facility payment methodology, claims processing systems and coding and billing proficiency
- Understanding of technical and financial aspects of the health insurance industry
- Strong personal computer skills, along with the ability to use fraud/abuse data mining tools
- Excellent communication skills and be detailed oriented
- Strong written and oral communication skills
- Strong relationship building skills
- Client focused with strong business acumen
- Self-starter with the ability to work under pressure independently and as part of a team
- Able to think strategically and act proactively to create strong trust and confidence with business units
- Strong innovative problem-solving capabilities
Benefits
Position Type Office-based
Teaches / trains others regularly
Frequently Travel regularly from the office to various work sites or from site-to-site
Rarely Works primarily out-of-the office selling products/services (sales employees)
Never Physical work site required
Physical, Mental Demands and Working Conditions
- Constantly Lifting up to 10 pounds
- Lifting 10 to 25 pounds occasionally
- Lifting 25 to 50 pounds rarely
Travel Requirement
0% - 25%
Disclaimer
The job description has been designed to indicate the general nature and essential duties and responsibilities of work performed by employees within this job title. It may not contain a comprehensive inventory of all duties, responsibilities, and qualifications required of employees to do this job. Compliance Requirement This job adheres to the ethical and legal standards and behavioral expectations as set forth in the code of business conduct and company policies. As a component of job responsibilities, employees may have access to covered information, cardholder data, or other confidential customer information that must be protected at all times. In connection with this, all employees must comply with both the Health Insurance Portability Accountability Act of 1996 (HIPAA) as described in the Notice of Privacy Practices and Privacy Policies and Procedures as well as all data security guidelines established within the Company’s Handbook of Privacy Policies and Practices and Information Security Policy. Furthermore, it is every employee’s responsibility to comply with the company’s Code of Business Conduct. This includes but is not limited to adherence to applicable federal and state laws, rules, and regulations as well as company policies and training requirements. Highmark Health and its affiliates prohibit discrimination against qualified individuals based on their status as protected veterans or individuals with disabilities and prohibit discrimination against all individuals based on any category protected by applicable federal, state, or local law. We endeavor to make this site accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact the email below. For accommodation requests, please contact HR Services Online at HRServices@highmarkhealth.org