Claims Analyst, Pharmacy Revenue Cycle

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🔥 12 minutes ago

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Logo of Boston Medical Center (BMC)

Boston Medical Center (BMC)

5001 - 10000 employees

Founded 1996

Boston Medical Center (BMC) is a 511-bed, equity-led academic medical center and a proud member of the Boston Medical Center Health System. BMC delivers a model of healthcare where innovative and equitable care empowers all patients to thrive. As a premier academic medical center in Boston, a national leader in clinical care, and the largest essential hospital in New England, BMC’s world-class clinicians provide comprehensive care in more than 70 specialties and subspecialties.

📋 Description

• Research, resolve, and prepare claims that have not passed payer edits daily • Determine and initiate action to resolve rejected drug claims • Serve as subject matter expert for provider relationships, service issues, reimbursement, and claims • Monitor electronic and paper claim rejections and identify system-edit enhancements or fixes • Assess billing accuracy before submission for processing and payment • Collaborate with revenue cycle teams to improve denials and avoidable write-offs • Research, analyze, and respond to inquiries about compliance, payer policies, coding, denials, and billable services • Follow up on outstanding account balances at 45 days from the date of service • Monitor and resolve Claims Work queues, including Front End, Referrals & Authorizations, and Clinical Workflow • Convert pharmacy drug quantities into Medicare billing units before submitting CMS-1500 claims • Ensure billable services are processed in EPIC in a timely manner • Analyze information from multiple sources and synthesize actionable information • Educate and provide feedback on Pharmacy Revenue Cycle rejection metrics and key performance indicators

🎯 Requirements

• Bachelor’s degree in Business, Healthcare, or closely related field, or equivalent work experience • 1 to 3 years of experience in healthcare, coding, finance, revenue cycle, patient accounting, and/or physician billing • Certified Pharmacy Technician preferred • CPC or RHIT coding certification preferred • Advanced working knowledge of professional billing flows, charge entry, editing-system functionality, and revenue cycle tasks • Ability to analyze and solve complex system-process and workflow problems • Strong knowledge of NCCI and MUE claim edits • Ability to convert pharmacy drug quantities into Medicare billing units according to Medicare guidelines • EPIC proficiency for processing billable services • Working knowledge of CPT/HCPCS and ICD-10-CM-PCS diagnosis codes and professional coder workflows • Knowledge of hospital and professional billing, collection, and reimbursement requirements • Working knowledge of drug NDC numbers and unit conversion • Knowledge of contracts, fee schedules, and edits for complex denials and payment variances • Strong analytical, interpersonal, organizational, written, oral, and presentation skills • Must complete a background check before employment • Must be vaccinated against COVID-19 and flu and receive a COVID-19 booster dose

🏖️ Benefits

• Medical, dental, vision, and pharmacy benefits • Discretionary annual bonuses • Merit increases • Flexible Spending Accounts • 403(b) savings matches • Paid time off • Career advancement opportunities • Resources to support employee and family well-being • COVID-19 and flu vaccination coverage/requirement

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