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Payment Analyst

Integra Partners • Remote • Posted 6 days ago

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Remote • Full-time • $54,000/yr • Mid Level

Job Highlights

Using AI ⚡ to summarize the original job post

The Payment Analyst at Integra Partners will work closely with various teams to investigate unapplied payment issues, support payment integrity functions, and improve healthcare processes through data-driven insights. This role requires a blend of DME claims industry expertise, analytical skills, and the ability to work cross-functionally to address and resolve issues.

Responsibilities

  • Assist in investigating Electronic Remittance Advices (ERA)/835 issues with clearinghouse, payer clearinghouse or payer directly.
  • Coordinate payer/provider outreach for missing information needed for payment application.
  • Assist the payment posting team with identifying, researching, and ensuring timely processing of large payment projects.
  • Investigate the source of unapplied payments to ensure correct application.
  • Provide expertise on CMS and state Medicaid guidelines for DME unit allowable and frequency guidelines.
  • Assist with testing new payers added to the payment integrity monitoring workstreams.
  • Coordinate initial outreach and follow-ups for actionable insights from payment integrity monitoring.
  • Review samples of denial trends to assist with identifying the cause of denials.
  • Provide interpretation of claim supporting documentation to validate denials.
  • Measure provider driven billing trend changes and track progress.
  • Assist with managing payment posting inventory across several workstreams.

Qualifications

Required

  • Bachelor's degree or equivalent experience.
  • Ability to work well in a high-growth, fast-moving environment.
  • Excellent written and verbal communication skills.
  • Ability to build strong partnerships across the organization.
  • Efficient time and resource management skills.
  • Comfort with ambiguity and ability to effectively multi-task.
  • Familiarity with the 1500 claim forms, DMEPOS services, ICD-10, HCPCS, and medical terminology.
  • Understanding of CMS guidelines and Medical Policy adopted by the plans.
  • Experience in health insurance, claims processing, billing, reimbursement, or provider contracting.

Preferred

  • Investigative skills for conducting claims and payment reviews.
  • Knowledge of company's policies and procedures.
  • Ability to work independently and collaboratively within a team.

About Integra Partners

Integra Partners is a leading venture capital fund in Southeast Asia investing in early-stage companies focused on technology-driven change in financial services and digital health. They support companies like Brankas, Envelop Reinsurance, Naluri, and Spark Systems, aiming to empower tech entrepreneurs to enhance access and affordability in these sectors. If you're a startup seeking Series Seed, A, or B funding to make a positive impact in financial services or digital health, consider reaching out to Integra Partners.

Full Job Description

The Payment Analyst will work closely with the Claims Analyst and act as a key liaison between the Financial Operations, Network, Payer, and Operations teams. This individual will apply their DME claims industry expertise across multiple initiatives. They'll be responsible for investigating unapplied payment issues as well as supporting the payment integrity functions of the organization. In addition, they will work cross functionally to identify potential solutions for any issues identified. The Payment Analyst will have a natural desire to improve the status quo and will have an interest in combining data driven insights with their healthcare expertise to drive business outcomes.

Salary: $54,000/Annually

JOB QUALIFICATIONS: KNOWLEDGE/SKILLS/ABILITIES

The Payment Analyst responsibilities include but are not limited to:

+ Assist in investigating any Electronic Remittance Advices (ERA)/835 issues with our clearinghouse, payer clearinghouse or payer directly to ensure seamless delivery of 835s

+ Coordinate payer/provider outreach to obtain missing information needed to be able to apply payments or recoupments received.

+ Assist the payment posting team with identifying, researching, and ensuring timely processing of large payment projects, ensuring payments, denials, and recoupments are appropriately applied.

+ Investigating the source of unapplied payments to ensure they are applied to the correct claims.

+ Provide expertise on CMS and state Medicaid guidelines for informing reports & processes on DME unit allowable and frequency guidelines.

+ Assist with the testing of new payers added to the payment integrity monitoring workstreams.

+ Help coordinate the initial outreach and follow-ups for actionable insights from payment integrity monitoring.

+ Review samples of denial trends to assist with identifying whether a denial is Payer or Provider driven.

+ Provide interpretation of claim supporting documentation to validate denials received.

+ Measure provider driven billing trend changes and develop ability to track progress.

+ Assist with the managing of payment posting inventory across several workstreams.

EDUCATION: Bachelor's degree desired or equivalent experience.

EXPERIENCE:

+ Ability to work well in a high-growth, fast-moving, entrepreneurial environment.

+ Desire to come in and implement new processes.

+ Excellent written and verbal communication skills.

+ Proven ability to build strong partnerships across the organization, influence others, and work collaboratively within a team-oriented environment.

+ Possess the willingness and ability to get beyond the obvious causes of outliers - and investigate, identify, and summarize the underlying root causes.

+ Efficient time and resource management skills to ensure that the service level provided exceeds expectations with a strong commitment to team success and team goals.

+ Comfort with ambiguity and ability to effectively multi-task, make tradeoffs, take initiative, and prioritize within a fast-paced, demanding environment.

+ Familiarity with the 1500 claim forms, and DMEPOS services.

+ Knowledge of ICD-10, HCPCS, and medical terminology.

+ Understanding of CMS guidelines, and Medical Policy adopted by the plans.

+ Experience working in health insurance specifically with claims processing, billing, reimbursement, or provider contracting.

+ Possess investigative skills to independently conduct all claims and payment reviews, as well as other insurance related investigations.

Benefits Offered

+ Competitive compensation and annual bonus program

+ 401(k) retirement program with company match

+ Company-paid life insurance

+ Company-paid short term disability coverage (location restrictions may apply)

+ Medical, Vision, and Dental benefits

+ Paid Time Off (PTO)

+ Paid Parental Leave

+ Sick Time

+ Paid company holidays and floating holidays

+ Quarterly company-sponsored events

+ Health and wellness programs

+ Career development opportunities

Remote Opportunities

We are actively seeking new colleagues in: Arizona, Colorado, Connecticut, Florida, Georgia, Idaho, Illinois, Kentucky, Massachusetts, Michigan, North Carolina, New Jersey, New York, Ohio, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, Vermont, and Washington.

Our Story

Founded in 2005, Integra Partners is a leading network management company specializing in Orthotics, Prosthetics, and Durable Medical Equipment. We are reimagining access to in-home healthcare to improve the quality of life for the communities we serve.

With locations in New York City and Michigan, plus a remote workforce across the United States, Integra has a culture focused on collaboration, teamwork, and our values: One Team, Drive Results, Push the Boundaries, Value Others, and Build Community. We're looking for energetic, talented, and dedicated individuals to join our team. See what opportunities we have available; there may be a role for you to engage in a challenging yet rewarding career in healthcare. We look forward to learning more about you.

Integra Partners is an equal opportunity employer. We are committed to providing reasonable accommodations and will work with you to meet your needs. If you are a person with a disability and require assistance during the application process, please don't hesitate to reach out. We celebrate our inclusive work environment and welcome members of all backgrounds and perspectives.

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