What are the responsibilities and job description for the Analyst-Payment Variance position at Baptist Memorial Health Care?
Summary
The Payment Reimbursement Analyst is responsible for identifying payer accounts to determine compliance with payer contracts. The analyst will audit these accounts and follow up with payers on resolution on reimbursement discrepancies. This position will play a key role in departmental projects pertaining to quality and performance improvement. Performs other duties as assigned.
Responsibilities
Education
Preferred: Bachelor's degree in healthcare, accounting, Business or other related field
Minimum: Associates Degree in Accounting, Finance, or Business. Or an equivalent combination of previous related payment reimbursement experience and education.
Experience
Minimum: Two (2) years of experience working in accounting, finance, or a hospital revenue cycle environment.
Special Skills
Minimum: Strong analytical skills. Good verbal and written communication skills in the English language. Excellent computer skills and knowledge of Microsoft Excel and Word. Knowledge of healthcare receivables.
About Baptist Memorial Health Care
At Baptist, we owe our success to our colleagues, who have both technical expertise and a compassionate attitude. Every day they carry out Christ's three-fold ministry-healing, preaching and teaching. And, we reward their efforts with compensation and benefits packages that are highly competitive in the Mid-South health care community. For two consecutive years, Baptist has won a Best in Benefits award for offering the best benefit plans compared with their peer groups. Winners are chosen based on plan designs, premiums and the results of a Benefits Benchmarking Survey.
At Baptist, We Offer
Position: 13720 - Analyst-Payment Variance
Facility: BMH - Central Business Office
Department: Revenue Cycle-Rev Enhancement
Category: Finance and Accounting
Type: Non Clinical
Work Type: Full Time
Work Schedule: Days
Location: US:TN:Memphis
Located in the Memphis metro area
The Payment Reimbursement Analyst is responsible for identifying payer accounts to determine compliance with payer contracts. The analyst will audit these accounts and follow up with payers on resolution on reimbursement discrepancies. This position will play a key role in departmental projects pertaining to quality and performance improvement. Performs other duties as assigned.
Responsibilities
- Serve as subject matter experts and resources on interpretation of payor contract language to ensure appropriate reimbursement by insurance companies.
- Identify, analyze and report trends in repayment issues to leadership.
- Complete special AR projects to help liquidate key segments of Baptist aging AR.
- Participates in the development of the department long-term and short-term goals, objectives plans, policies and procedures.
- Applies consistent and standardized reporting of findings and repayment calculations.
- Communicates with insurance companies daily.
Education
Preferred: Bachelor's degree in healthcare, accounting, Business or other related field
Minimum: Associates Degree in Accounting, Finance, or Business. Or an equivalent combination of previous related payment reimbursement experience and education.
Experience
Minimum: Two (2) years of experience working in accounting, finance, or a hospital revenue cycle environment.
Special Skills
Minimum: Strong analytical skills. Good verbal and written communication skills in the English language. Excellent computer skills and knowledge of Microsoft Excel and Word. Knowledge of healthcare receivables.
About Baptist Memorial Health Care
At Baptist, we owe our success to our colleagues, who have both technical expertise and a compassionate attitude. Every day they carry out Christ's three-fold ministry-healing, preaching and teaching. And, we reward their efforts with compensation and benefits packages that are highly competitive in the Mid-South health care community. For two consecutive years, Baptist has won a Best in Benefits award for offering the best benefit plans compared with their peer groups. Winners are chosen based on plan designs, premiums and the results of a Benefits Benchmarking Survey.
At Baptist, We Offer
- Competitive salaries
- Paid vacation/time off
- Continuing education opportunities
- Generous retirement plan
- Health insurance, including dental and vision
- Sick leave
- Service awards
- Free parking
- Short-term disability
- Life insurance
- Health care and dependent care spending accounts
- Education assistance/continuing education
- Employee referral program
Position: 13720 - Analyst-Payment Variance
Facility: BMH - Central Business Office
Department: Revenue Cycle-Rev Enhancement
Category: Finance and Accounting
Type: Non Clinical
Work Type: Full Time
Work Schedule: Days
Location: US:TN:Memphis
Located in the Memphis metro area
