Insurance Underpayments Specialist Job Richmond area,Virginia USA,Healthcare

Atlantic Region CBO The Atlantic Region Central Billing Office(“ARCBO”) or(“CBO”) provides business office services including billing, collections, cash posting, pre-access management, variance, and customer service to our affiliated Universal Health Services hospitals.

RICHMOND, Virginia
Accounting
Day
361608
Atlantic Region CBO
USD $16.88/Hr.
USD $25.32/Hr.

Job Description

The Atlantic Region Central Billing Office(“ARCBO”) or(“CBO”) provides business office services including billing, collections, cash posting, pre-access management, variance, and customer service to our affiliated Universal Health Services hospitals.

We are looking for a dynamic and talented Insurance Underpayments Specialist
.

The primary responsibility of the Insurance Underpayments Specialist is the resolution of over and underpayment discrepancies on paid accounts. Assists in review of the PRM and assures properly maintained. Actively participates in contract review. Completes other tasks and assignments in a timely manner.

Key Responsibilities Include

Respond to manager's requests in a timely manner.
Able to recognize any variances regarding payments from all third party carriers.
Advises manager on any discrepancies to ensure that corrections, if applicable are made to each plan.
Corrects all log errors as they occur in a timely and satisfactory manner.
Documents all actions in note screen of Patient Accounting system.
Has a good understanding of all insurance regulations and requirements for accurate maintenance of the cost payer logs.
Posts allowed adjustments as needed to assigned accounts.
Directs any problems with accounts or where additional intervention is needed to management for resolution.
Contact third party payers when changes occur in the reimbursement amount to determine of corrections need to be made in the discount.
Other duties as assigned

Benefit & Rewards Highlights

Challenging and rewarding work environment
Competitive Compensation & Generous Paid Time Off
Excellent Medical, Dental, Vision and Prescription Drug Plans
401(K) with company match and discounted stock plan
SoFi Student Loan Refinancing Program
Career development opportunities within UHS and its 300+ Subsidiaries!
Pet Insurance
More information is available on our Benefits Guest Website:

About Universal Health Services

Headquartered in King of Prussia, PA, Universal Health Services, Inc. (NYSE: UHS) is one of the nation’s largest and most respected providers of hospital and healthcare services. Since our founding in 1979, UHS has grown steadily into a premier Fortune 500® corporation perennially recognized by multiple esteemed national rating entities. Through its subsidiaries, UHS operates inpatient acute care facilities, inpatient behavioral health facilities, outpatient and other facilities, nationwide virtual behavioral health services, an insurance offering, a physician network and various related services with physical locations in the U.S., Puerto Rico, Ireland and United Kingdom.

Position Requirements

Proactive, assertive articulates knowledge and understanding of payer claims processing philosophies.
Understands complex managed care agreements.
The ability to communicate clearly and concisely both verbally and writing.
Customer focused, providing service consistently exceeding expectations to both internal and external customers.
Proficiency in Microsoft Office applications and others as required.
Ability to prioritize needs and to manage resources.
High school diploma or equivalent and 1-3 years contract analysis experience preferred.

EEO Statement

All UHS subsidiaries are committed to providing an environment of mutual respect where equal employment…