What are the responsibilities and job description for the Hospital Account Receivable Specialist - remote position at Cognizant?
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The Accounts Receivable Specialist role responsibilities include following up directly with payers to resolve claim issues and secure appropriate and timely reimbursement. Identify and analyze denials and payment variances and take action to resolve account including drafting and submitting technical appeals.
In this role, the successful candidate performs advanced level work related to resolution of hospital claim denials. This position will be responsible for root cause analysis hospital denials, experience in identifying procedures impacted by National Correct Coding Initiative Edits (NCCI), technical payer policies, appeal documentation and resolution. In addition, this position will be responsible for identification, collaboration, and implementation of process initiatives to reduce denials.
Highlights
Hourly Rate And Other Compensation
Applications will be accepted until March 25, 2025.
The hourly rate for this position is between $20.00 - $21.60 per hour, depending on experience and other qualifications of the successful candidate. This position is also eligible for Cognizant’s discretionary annual incentive program, based on performance and subject to the terms of Cognizant's applicable plans.
Benefits: Cognizant offers the following benefits for this position, subject to applicable eligibility requirements:
The Accounts Receivable Specialist role responsibilities include following up directly with payers to resolve claim issues and secure appropriate and timely reimbursement. Identify and analyze denials and payment variances and take action to resolve account including drafting and submitting technical appeals.
In this role, the successful candidate performs advanced level work related to resolution of hospital claim denials. This position will be responsible for root cause analysis hospital denials, experience in identifying procedures impacted by National Correct Coding Initiative Edits (NCCI), technical payer policies, appeal documentation and resolution. In addition, this position will be responsible for identification, collaboration, and implementation of process initiatives to reduce denials.
Highlights
- Exceptional problem solving and critical thinking skills to root cause denials and resolve accounts. Must meet quality and productivity standards.
- Demonstrates knowledge and expertise in state/federal billing guidelines, reimbursement methodologies, and payer policies.
- Makes recommendations for additions/revisions/deletions to work queues and claim edits to improve efficiency to reduce denials and underpayments.
- Identifies patterns and escalates to management as appropriate with sufficient information for additional follow up, and or root cause resolution.
- Exceptional Excel skills to summarize and provide detailed reporting to management and client.
- Tracks and trends claim denials and underpayments to identify initiatives for payer, process, or technology improvement plans.
- Effective communication skills both verbal and written to ensure all actions taken are documented, appeal letters are effective, and root cause is communicated.
- Strong analytical person and critical thinker to resolve accounts.
- 2-3 years’ experience working in healthcare revenue cycle.
- Associates or Bachelors preferred or equivalent experience in denial management.
- Documented technical skills, Excel, Payer Portals, and Claims Clearinghouses.
Hourly Rate And Other Compensation
Applications will be accepted until March 25, 2025.
The hourly rate for this position is between $20.00 - $21.60 per hour, depending on experience and other qualifications of the successful candidate. This position is also eligible for Cognizant’s discretionary annual incentive program, based on performance and subject to the terms of Cognizant's applicable plans.
Benefits: Cognizant offers the following benefits for this position, subject to applicable eligibility requirements:
- Medical/Dental/Vision/Life Insurance
- Paid holidays plus Paid Time Off
- 401(k) plan and contributions
- Long-term/Short-term Disability
- Paid Parental Leave
- Employee Stock Purchase Plan
Salary : $20 - $22