Alignment Health is breaking the mold in conventional health care, committed to serving seniors and those who need it most: the chronically ill and frail. It takes an entire team of passionate and caring people, united in our mission to put the senior first. We have built a team of talented and experienced people who are passionate about transforming the lives of the seniors we serve. In this fast-growing company, you will find ample room for growth and innovation alongside the Alignment Health community. Working at Alignment Health provides an opportunity to do work that really matters, not only changing lives but saving them. Together.
The Claims Recovery Specialist is responsible for processing of all identified claims overpayments within the regulatory and/or contractual timeframes. Ensures claims overpayments are recovered timely and accurately. Understands claims processing requirements which include but not limited to interpretation of contracts and benefits, correct claims coding and billing. Maintains and tracks all incoming refunds and overpayment identified internally and by the contracted recovery vendors
General Duties/Responsibilities (May include but are not limited to):
1. Reviews system generated report for potential overpayment and ensure identified claims overpayment is processed timely and accurately
2. Processes identified overpayments in designated recovery database and claims processing system timely and accurately
3. Generates and mails overpayment recovery letter/demand letter and ensures reason for recovery is clearly communicated to provider
4. Responds to provider inquiries, either telephonically or in writing, regarding overpayment refund requests
5. Collaborates with Audit team in ensuring claims payment errors which results in overpayments are recovered timely
6. Collaborates with other department in resolving potential configuration issues and updates on eligibility and other insurance information
7. Researches returned claim checks from providers/vendors, voided checks or letters from providers regarding identified overpayments
8. Assists with implementation and management of contracted overpayment recovery vendors and subrogation9
9. Works with recovery vendors in ensuring identified overpayments are accurate
10. Reviews and submits vendor invoices timely and ensure accurate payment request is submitted
11. Reviews overpaid claims and determines if root cause is due to system configuration, training issues or erroneous claims processing
12. Communicates root causes and issues that impact claims processing quality to Management
13. Generates reports based on recovery findings for training opportunities and process improvements
14. Generates weekly/monthly reports for recovery tracking and trending
15. Ensure the privacy and security of PHI (Protected Health Information) as outlined in the department policies and procedures relating to HIPAA Compliance
Supervisory responsibilities:
N/A
Job Requirements:
Minimum Experience:
Required: 2+ years claims examining all types of claims (professional, facility, ancillary), preferably in Medicare Advantage delegated model
Required: 2+ years' experience in claims overpayment recovery, preferably in Medicare Advantage setting
Education:
Required: High school diploma or GED
Preferred: Bachelor's degree in healthcare management or related field
Specialized Skills: