Revenue Cycle Specialist - FT - Days
Trinity Health · Mason City, IA · 1 mo ago
On-siteAccountingFull-time
Employment Type & Schedule
Full‑time, Day Shift
Position Purpose
The Revenue Cycle Specialist is responsible for performing daily revenue cycle activities and functions, focusing on denial management and pre‑service authorization functions.
Responsibilities
- Perform department daily revenue cycle activities.
- Understand department‑specific charge sets and utilize systems to ensure appropriate CPT and ICD‑10 codes are utilized.
- Reconcile daily schedules and review charge capture for accuracy and appropriateness.
- Review department denials and write‑off reports and participate in appeal processes.
- Investigate and address over‑payments and under‑payments to maximize reimbursement and ensure timely claim settlement.
- Perform pre‑service check processes, including pre‑authorization and medical necessity review as indicated.
- Apply knowledge of specific payer payment rules to ensure timely claim resolutions.
- Proactively follow up on payment delays or variances by contacting third‑party payers and supplying additional information as necessary.
- Review, provide, and submit additional information, including medical necessity and documentation for appeals as needed.
- Ensure compliance with federal, state, and payer regulatory requirements.
Minimum Qualifications
- High school diploma or equivalent required.
- Knowledge of medical terminology is preferred.
- Associate degree in finance, accounting, business administration, or related field preferred.
- Two years or more experience within a hospital or clinic environment required.
- Experience performing prior‑authorizations and denial management preferred.
- Knowledge of insurance and governmental programs, regulations, and billing processes preferred.
Special Skills and Competencies
- Typing speed of 35 words per minute (verified by testing) preferred.
- Ability to maintain a high degree of confidentiality.
- Ability to perform multiple tasks simultaneously.
- Strong interpersonal skills; ability to interact diplomatically and maintain a professional demeanor with physicians, the public, and hospital staff at all times.
- Ability to discuss personal and financial matters with patients and families.