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Denials and Refund Management Specialist

Optum

Concord, CA
2 days ago
$20.00 - $35.72

Job Description

Join Optum as a Denials and Refund Management Specialist, where you'll help improve health outcomes by managing refund requests and analyzing commercial contracts. Enjoy a hybrid work environment with a supportive culture and opportunities for career development.

Key Responsibilities

  • Collect and resolve denied payments from insurance companies
  • Execute the denial appeals process including documentation and tracking
  • Research and resolve payer rejected/denied claims
  • Maintain data on types of claims denied and collaborate for improvements
  • Prepare and submit reports as required
  • Track recovery efforts using departmental tools
  • Provide feedback regarding denial reasons and outcomes
  • Draft professional appeal letters
  • Identify contract issues related to denials
  • Ensure all payer contact is documented in the appropriate software
  • Consistently meet productivity and quality standards

Required Qualifications

  • High School Diploma / GED
  • Must be 18 years of age or older
  • 2+ years of experience with insurance follow-up and/or payment variance review
  • 2+ years EPIC experience
  • 2+ years hospital accounts billing follow up experience - not professional billing
  • 2+ years of experience analyzing commercial contracts including interpreting commercial language
  • Ability to perform mathematical calculations
  • Keyboard by touch
  • Advanced experience and knowledge Microsoft Office
  • Must be able to work in the office at least one day a week
  • Ability to work full-time, Monday - Friday

Benefits & Perks

Comprehensive benefits packageIncentive and recognition programsEquity stock purchase401k contribution