Revenue Specialist
Stony Brook Medicine
- East Setauket, NY Stony Brook, NY
- $47,000-57,000 per year
- Permanent
- Full-time
- Prepare and submit hospital claims. Review denials. Investigate coding issue. Audits.
- Follow-up on rejected or denied claims, improper payments and coding issues.
- Process appeals.
- Liaise with third party billing and collection agencies.
- Identify issues and patterns with claims/insurance companies and review to increase revenue and prevent unnecessary denials.
- Assist the supervisor in scheduling, timesheet, leave requests, performance programs and evaluations.
- Assist the supervisor in training and make recommendation to improve policy and procedures for the unit as well as the office.
- Investigate and accurately update COB, including refund request letters, reports, mail, etc.
- Other duties as assigned.
- Bachelor’s degree in Accounting, Business, Health Information Management or related field with a minimum of 6 months business experience, preferably in a healthcare setting; or an Associate's degree and at least 6 months of business experience, preferably in a healthcare setting such as revenue cycle, medical billing, or follow-up experience; or in lieu of degree, at least 2 years of business experience, preferably in a healthcare setting such as revenue cycle, medical billing, or follow-up experience.
- Excellent written and oral communication skills.
- Proficiency with Microsoft Office.
- Has in depth knowledge and experience with investigating, reviewing, and following up on rejected/denied insurance claims and/or experience using claims scrubber system.
- Experience with Inpatient and Outpatient billing requirements (UB-04/837i) and/or CMS Medicare and New York Medicaid reimbursement methodologies.
- Knowledge of third party payer reimbursement and managed care contracts.
- Experience investigating, reviewing and following-up on rejected/denied inpatient and outpatient hospital claims.
- Knowledge of CPT, HCPCs and ICD-10 coding principles.
- Experience with Cerner Invision and/or Cerner Millennium Patient Accounting.
- Experience in Insurance Verification.
- Experience working in Medicare FSS DDE system.
- Stony Brook Medicine is a smoke free environment. Smoking is strictly prohibited anywhere on campus, including parking lots and outdoor areas on the premises.
- All Hospital positions may be subject to changes in pass days and shifts as necessary.
- This position may require the wearing of respiratory protection, which may prohibit the wearing of facial hair.
- This function/position maybe designated as “essential.” This means that when the Hospital is faced with an institutional emergency, employees in such positions may be required to remain at their work location or to report to work to protect, recover, and continue operations at Stony Brook Medicine, Stony Brook University Hospital and related facilities.
- Successfully complete pre-employment physical examination and obtain medical clearance from Stony Brook Medicine's Employee Health Services*
- Complete electronic reference check with a minimum of three (3) professional references.
- Successfully complete a 4-panel drug screen*
- Meet Regulatory Requirements for pre-employment screenings.
- Provide a copy of any required New York State license(s)/certificate(s).