about 5 hours ago
Senior Payer Relations Specialist
Remote (WFH)
$80,200-$120,400 / year
full-timesenior RemoteBiotechnology
Tech Stack
Description
You will focus on increasing insurance collections by managing payor follow-up and appeals of denied claims, analyzing and resolving reimbursement issues, and collaborating with the Market Access team to ensure optimal payment for clinical products.
Requirements
- 5-7+ years billing, coding, and reimbursement experience in CLIA laboratory services sector
- Strong knowledge of Medicare, Medicaid, and private insurance reimbursement processes
- Proficient knowledge of CMS guidelines
- Excellent interpersonal and communication skills
- Ability to work independently and meet deadlines
- Strong problem-solving skills
- Knowledge of medical billing and coding practices
- Proficiency in Microsoft Office and healthcare billing software
- Knowledge of coding modifiers
Responsibilities
- Communicate effectively with payors and internal stakeholders to resolve reimbursement issues
- Support revenue and ASP growth in collaboration with Market Access team and external billing vendor
- Stay current with payor policy changes and regulations
- Provide support and guidance on reimbursement and compliance issues
- Review claims and supporting clinical documents for billing and coding accuracy
- Support reduction in denials percentage, claims underpayments and time to adjudication
- Work with data analytics and revenue operations team to refine analytical tools
- Generate and analyze reports to identify trends and revenue opportunities
- Monitor and maintain payor contract information in billing systems
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