DESCRIPTION OF POSITION:
- The Claims Escalation Analyst will be responsible for managing and investigating escalated claims and ensuring timely resolution. The successful candidate must have strong analytical and problem-solving skills, as well as excellent communication skills.
SUPERVISION: Reports directly to the Collection Supervisor
RESPONSIBILITIES AND DUTIES:
- Analyze and interpret policy language, contracts and statutes
- Maintain accurate records of all claims and ensuring timely resolution
- Understands assigned payer’s allowable calculations in order to preview an account to determine if properly paid and identify when errors are made in payments.
- Accurately posts transactions based on assigned duties ensuring that keying is correct for all payments, adjustments, deductibles & coinsurance assignments.
- Able to evaluate transactions posted on an account to ensure all payments and adjustments are posted and are appropriate.
- Works with other departments to resolve any outstanding issues delaying claims processing.
- Communicates effectively with assigned payer and makes appropriate decisions to escalate and push claims with carriers, companies and other departments.
- Accurately evaluates each account in order to determine what is needed, what is left outstanding and what steps are necessary to resolve the account quickly.
- Properly utilizes productivity tracking mechanisms.
- Works at or above the weekly set productivity standard and completes tasks in a timely manner.
- Appropriately prioritizes work queue in order to work highest priority first based on assigned subjects.
- Documents all information in the System following the Clear Concise Consistent method.
- Consistently monitors assignment to ensure that all steps necessary to assist the Team with achieving its goals have been taken.
- Able to write clearly and informatively.
The above statements are only meant to be a representative summary of the major duties and responsibilities performed by incumbents of this job. The incumbents may be requested to perform job-related tasks other than those stated in this description.
EDUCATION AND WORK EXPERIENCE
- High school graduate or GED certificate, required.
- Minimum of 1-year experience in Healthcare, preferably in the insurance industry
- Proficient in Microsoft Office suite
- Analytical and problem-solving skills
- Excellent communication and interpersonal skills
- Ability to work well in a team environment
- Adequate keyboarding skills (40 words per minute typing rate); Basic computer skills.
- Strong organizational and communication skills, including ability to discuss medical issues.
- Negotiation skills including assertiveness and being proactive.
Physical Demands/Work Environment
- Work requires light duty lifting.
- Must be able to remain in a stationary position 50% of the time.
- Constantly operates a computer and other office machinery such as calculator, copy machine, and computer printer.
- Must be able to exchange accurate information with patient, family, peers and medical personnel.
- Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
“Experience Memorial” is more than a slogan, it’s the care we provide our patients and it’s the commitment to our community and our team members. As a nationally certified Great Place to Work, at Lake Charles Memorial Health System you will have the opportunity to be a part of an organizational culture that supports not only exceptional patient care but also the well-being and professional growth of our employees. Join us and be a part of a team where your contributions are valued, your growth is nurtured, and your success is celebrated.
Working at Lake Charles Memorial Health System | Great Place To Work
