Revenue Assurance Coordinator
RadNet · Arizona, United States · 1 mo ago
RemoteRemoteAccountingFull-time
Responsibilities
- & Analyze Revenue Variance Reports for West Coast Radnet centers.
- Perform an analysis of the data received in reports to isolate variances that are in need of further research.
- Investigate the reason for the variance, including identification of front end, back end, and NPD (National payor database) discrepancies.
- Necessary research on variances within Erad, Billing systems, NPD and other data sources to determine the viability of revenue recovery.
- Notify the appropriate parties to initiate the appellate process of these charges for accounts with potential revenue recovery.
- Provide the teams with information needed to accomplish the re-bill or appeal.
- Maintain open dialogue with Reimbursement Operations (RO) personnel and contracting regarding status of open appeals.
- Maintain open dialogue and coordinate with leadership & contracting to ensure that payor-initiated modifications, including (but not limited to) fee schedule updates, coding changes, billing issues, and Timely Filing Limit changes are implemented and that payor-related issues are resolved.
- Prepare and maintain Revenue Assurance Module (“RAM”) Variance Tables within the NPD for their assigned respective RadNet practices.
- Prepare a monthly Dashboard Report of RAM status and results.
- Affirm duties as assigned by Leadership, which may include administrative functions and providing ad hoc information/reports from the RAM of the NPD.
- Attend and participate in meetings, seminars, and training as required.
Qualifications
- High school diploma required, secondary education is desired.
- At least 3 years of internal or external experience in the health care insurance and/or insurance reimbursement field.
- Excellent computer skills, especially a strong knowledge of Microsoft Excel and Word.
- Knowledge and understanding of payors, contracting, insurance types/classes, CPT codes and fee schedules.
- Understanding of revenue cycle process flow is desired but not required.
- Superior analytical, written and oral communication skills; Fluency (written and oral) in English required.
- Ability to work well in group and individual settings.
- Ability to foresee potential problems and offer solutions.
- Ability to handle moderately complex assignments under minimal supervision is essential.