Description
The Clinical Denial Specialist plays a vital role in ensuring accurate reimbursement for healthcare services by reviewing denied claims, identifying denial reasons, and appealing claim denials. They collaborate with healthcare providers to gather necessary documentation and evidence for appeals, analyze denial trends, and provide feedback to improve revenue cycle processes.
Duties And Responsibilities
- Ability to analyze denial reasons and trends to identify opportunities for process improvement.
- Excellent verbal and written communication skills to effectively collaborate with healthcare providers and present appeal arguments.
- Keen attention to detail to ensure accurate review and analysis of denied claims and medical records.
- Strong problem-solving skills to develop effective appeal strategies and overcome denial challenges.
- Understanding of medical terminology, coding principles, and reimbursement guidelines to assess denial reasons and appeal opportunities.
- Ability to adapt to changing payer policies, regulations, and reimbursement requirements.
- Review denied claims to identify denial reasons and discrepancies.
- Analyze medical records, billing documents, and payer policies to prepare appeal arguments.
- Collaborate with healthcare providers to gather additional documentation and evidence for appeals.
- Document appeal activities, correspondence, and outcomes for tracking and reporting purposes.
- Monitor denial trends and provide feedback to revenue cycle teams to prevent future denials.
- Participate in denial management meetings and contribute insights to improve denial prevention strategies.
- Stay updated on payer policies, regulations, and reimbursement guidelines relevant to claim denials.
Requirements
- Bachelor's degree in healthcare administration, nursing, health information management, or a related field.
- Clinical designated nurse, RN credentials (denials/CDI)
- Minimum of 2-3 years of experience in healthcare revenue cycle management, medical billing, claims processing, or denial management.
Physical Demands and Work Environment
- Work Environment: This job operates in a professional home environment. This role routinely uses standard office equipment such as computers, and phones.
- Physical Demands: This is largely a sedentary role; however, employees may need to use keyboards, mouse, and other devices for typing, clicking, and navigating software systems.
