Jobs · Iowa

Revenue Cycle Representative (Hybrid) Offsite

University of Iowa · Iowa City, IA · 3 days ago
Full-time

Patient Revenue Management

  • Assist patients and staff with benefits investigation and enrollment of patients into pharmacy services (i.e. specialty pharmacy).
  • Communicate with patients, pharmacists and/or providers to gather relevant demographic information.
  • Initiate and follow through for required prior authorizations, which may include pharmacy or medical authorizations.
  • Aid clinical pharmacy specialists or other providers with initiation of appeals when applicable.
  • Aid with copay/coinsurance assistance when applicable.
  • Communicate with patients, insurance companies, credit/collections for payment acquisition, pre-authorization, and to resolve patient account inquiries.
  • Appeal/troubleshoot claim payments and/or denials using available resources.
  • Provide accurate documentation of all activities as required by accrediting agencies, payers, and/or administration.
  • Maintain reimbursement activity for medications to ensure UI Health Care receives full and accurate reimbursement for pharmacy services in compliance with payor rules and regulations.
  • Maintain compliance standards and policies to ensure UI Health Care receives full and accurate reimbursement for services in compliance with payor rules and regulations.
  • Resolve pharmacy billing discrepancies and identify possible trends.
  • Identify areas to improve the billing process.
  • Identify areas to improve the benefits investigation and prior authorization process.
  • Participate in standard pharmacy operations as the need arises.

Operations and Performance Standards

  • Utilize tools and processes to maximize the efficiency of the revenue cycle.
  • Resolve pharmacy billing discrepancies and identify possible trends.
  • Identify areas to improve the billing process.
  • Identify areas to improve the benefits investigation and prior authorization process.
  • Comply with established cash handling policies and procedures of the institution and department.
  • Assist with the evaluation and implementation of new products/technology.
  • Assist with the evaluation and implementation of new policies and procedures.
  • Participate in standard pharmacy operations as the need arises.

Reporting

  • Analyze and prepare routine reports to identify trends and aid in making financial decisions.
  • Compile information for audits as they arise from compliance and insurance/third party payors in a reportable manner.
  • Report discrepancies found during report analysis.
  • Document activities required by accrediting agencies, payors, and/or administration (i.e. workload statistics, phone statistics, etc.).

Communication/Training

  • Communicate with providers, payors, patients, co-workers, supervisors, and departments to resolve revenue cycle issues.
  • Understand the importance of effective business communication and maintaining professionalism in difficult situations.
  • Participate in orientation of pharmacy technicians, pharmacists, pharmacy residents, and others within the department on pharmacy billing practices.
  • Complete and maintain compliance with all competencies and educational requirements.

Education Requirements

  • Completion of a Bachelor’s degree or equivalent combination of education and experience.

Experience Requirements

  • Previous experience in customer service.
  • Proficiency with computer software applications (i.e. Microsoft Office Suite – Word, Excel, Outlook, PowerPoint) or comparable programs.
  • Strong attention to detail and proven ability to gather and analyze data and keep accurate records.
  • Self-motivated with initiative to seek out additional responsibilities and tasks along with generating suggestions for improving workflow.
  • Educated and skilled in effective verbal and written communication skills, active listening skills, and the ability to maintain professionalism while handling difficult situations.
  • Demonstrated effective problem solving abilities and meets challenges with resourcefulness.
  • Familiarity with medical terminology.

Desired Qualifications

  • Experience working in a complex hospital system is highly desirable.
  • Experience working in a collaborative team environment is desirable.
  • Pharmacy experience is desirable.
  • Knowledge of healthcare billing, experience working with insurance and/or federal and state assistance programs is desirable.
  • Experience working with multiple technology platforms (i.e. Epic, GE) is desirable.
  • Knowledge and understanding of the Health Insurance Portability and Accountability Act (HIPAA) is desirable.
  • Professional experience working effectively with individuals from a variety of backgrounds and perspectives.

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