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Rev Cycle Specialist

PRISM Vision Group
New Providence, NJ Full Time
POSTED ON 2/25/2025 CLOSED ON 3/7/2025

What are the responsibilities and job description for the Rev Cycle Specialist position at PRISM Vision Group?

Description

Role and Responsibilities:

  • Respond to inquiries from insurance carriers, via telephone, email or fax and demonstrate a high level of customer service.
  • Pursue reimbursement from carriers by placing phone calls and documenting all communication in Athenahealth to ensure progress is made on outstanding accounts.
  • Identify and respond to patterns of denials or trends and perform complex account investigation as needed to achieve resolution.
  • Review and resolve uncollected accounts and prepare charge corrections.
  • Appeal carrier denials through review of coding, contracts, and medical records.
  • Call insurance companies regarding any discrepancy in payments if necessary.
  • Identify and bill secondary or tertiary insurances.
  • Research and appeal denied claims.
  • Set up patient payment plans.
  • Verify patient benefit eligibility/coverage and research ICD-10 diagnosis and CPT treatment codes as needed.
  • Advise management of any trends regarding insurance denials to identify problems with payers.
  • Complete required reports and assist with special projects as assigned.

Essential Qualifications:

Education/experience: High School Diploma or General Education Degree (GED) with 3 years prior hands-on experience in a fast-paced medical billing environment. Must have previous experience in a healthcare setting. Familiarity with CPT and ICD-10 is also required; CPC certification is a plus.

Knowledge/Skills/Abilities:

  • Strong communication, including writing, speaking and active listening
  • Great customer service skills, including interpersonal conversation
  • Good problem-solving and critical thinking skills
  • Organization, time management and prioritization abilities
  • Ability to be discreet and maintain the security of patient or customer information
  • Effective computer skills with practice management software
  • Understanding of industry-specific policies, such as HIPAA regulations for health care
  • Knowledge of insurance guidelines, including HMO/PPO, Medicare, and state Medicaid
  • Knowledge of HMO/PPO, Medicare, Medicaid, and other payer requirements and systems.
  • Effective communication abilities for phone contacts with insurance payers to resolve issues
  • Customer service skills for interacting with patients regarding medical claims and payments, including communicating with patients and family members
  • Able to work in a team environment
  • Problem-solving skills to research and resolve discrepancies, denials, appeals
  • Knowledge of medical terminology
  • Knowledge of CPT/ICD-10 and modifier coding
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