New

Revenue Recovery Analyst

University of Illinois Chicago
United States, Illinois, Chicago
Jan 16, 2025
Revenue Recovery Analyst Revenue Recovery Analyst Hiring Department: Patient Accounting Location: Chicago, IL USA Requisition ID: 1015178 Posting Close Date: 01/20/2025 Salary Range: $55,000 - $75,000; commensurate with experience About UI Health The University of Illinois Hospital & Health Sciences System (UI Health) provides comprehensive care, education, and research to the people of Illinois and beyond. A part of the University of Illinois at Chicago (UIC), UI Health comprises a clinical enterprise that includes a 495-bed tertiary care hospital, 22 outpatient clinics, and 13 Mile Square Health Center facilities, which are Federally Qualified Health Centers. It also includes the seven UIC health science colleges: the College of Applied Health Sciences; the College of Dentistry; the School of Public Health; the Jane Addams College of Social Work; and the Colleges of Medicine, Pharmacy, and Nursing, including regional campuses in Peoria, Quad Cities, Rockford, Springfield, and Urbana. UI Health is dedicated to the pursuit of health equity. Position Summary The Business/Administrative Associate (Revenue Recovery Analyst) works with payer underpayments and a broad range of other net revenue related payer issues. This position is responsible to review, validate and collect underpayments for UI Health's contracted payers. Knowledge of and the ability to calculate contracted reimbursement is required and is utilized in all aspects of this position. The position will also review insurance payor issues and prepare and submit files for insurance payer resolution. This position acts as a resource to answer reimbursement questions for external and internal departments. Duties & Responsibilities Reviews and validates Epic underpayment work queue accounts and submits to payer for collection or explanation. Performs follow up until resolution. Calculates and analyzes insurance payments against the payer's contracted rates. Reviews and validates reimbursement for global transplant accounts and determines amount due physicians according to contract or internal policy. Assist the Revenue Recovery Manager with reimbursement evaluation involved in payor targeted projects and compilation of account data. Reviews and investigates claims processing issues reported by the various billing and collections unit or other depts. Works with the unit Manager and Director for report to payers for resolution. Acts as a resource for internal and external departments to answer pre or post service reimbursement questions. Provides feedback and documentation related to contracted payment collection payer trend issues. Provides data for payer audits and inquiries. Works with Hospital Accounts vendors to resolve reported issues. May train other employees. Minimum Qualifications Bachelor's degree in business administration, management, or a field related to the position. Two (2) years of professional business, financial, and/or managerial work experience. (NOTE: A Master's Degree in an area consistent with the duties of the position may be substituted for one (1) year (12 months) of work experience.) Preferred Qualifications Expertise using Epic in a Hospital Billing (HB) environment. This position requires Illinois residency within 180 days of the hire date. Fully complete all sections of the online application including adding your full work history with specific details of your duties & responsibilities for each position held. Fully complete the education, licensure, certification, and language sections. You may upload a resume, cover letter, certifications, licensures, transcripts, and diplomas within the document section of your online application. When completing your online application, please be sure to provide detailed information about your job knowledge and specific duties and responsibilities, as your qualifications for any Civil Service position will be primarily determined based on what is contained in the application. Dates of employment and if employed on a full or part time basis (including number of hours per week) must be indicated for each position held. Additional consideration will be given to supporting documentation i.e., resume, transcripts, licenses, and certifications so please be sure to attach all applicable documents. If an application is not fully completed and submitted by the close date, the applicant/employee will not be considered for this position. For fullest consideration, the above-mentioned requirements must be submitted no later than 1/20/2025. Please note that once you have submitted your application you will not be able to make any changes. In order to revise your application, you must withdraw and reapply. You will not be able to reapply after the posting close date. Please ensure the application is fully completed and all supporting documents have been uploaded before the posting close date. This is a full-time and benefits eligible position. UI Health offers competitive salaries commensurate with experience. All full time benefits eligible positions include a comprehensive benefits package which include; Health, Dental, Vision, Life, Disability & AD&D insurance, a defined benefit pension plan as well as paid leave which includes; Vacation, Holiday and Sick. In addition, we offer tuition waivers for employees and dependents. Go to https://www.hr.uillinois.edu/benefits for a complete list of Employee Benefits. The University of Illinois System is an equal opportunity employer, including but not limited to disability and/or veteran status, and complies with all applicable state and federal employment mandates. Please visit Required Employment Notices and Posters to view our non-discrimination statement and find additional information about required background checks, sexual harassment/misconduct disclosures, COVID-19 vaccination requirement, and employment eligibility review through E-Verify. The university provides accommodations to applicants and employees. Request an Accommodation Looking for more University of Illinois positions? We invite you to search for positions at each of the University of Illinois locations, the University of Illinois System Office and the University of Illinois Foundation. The University of Illinois System Office supports the primary missions of teaching, research, public service, and economic development for all of the Universities and offers positions in all locations. The University of Illinois Foundation is the official fundraising and private gift-receiving agency for the University of Illinois and also offers position in all locations. Click the links below to search for other University of Illinois positions. University of Illinois Urbana-Champaign University of Illinois Springfield University of Illinois System Office University of Illinois Foundation The University of Illinois System is an equal opportunity employer, including but not limited to disability and/or veteran status, and complies with all applicable state and federal employment mandates. Please visit Required Employment Notices and Posters to view our non-discrimination statement and find additional information about required background checks, sexual harassment/misconduct disclosures, and employment eligibility review through E-Verify. To apply, visit https://uic.csod.com/ux/ats/careersite/1/home/requisition/2288?c=uic Copyright 2024 Jobelephant.com Inc. All rights reserved. Posted by the FREE value-added recruitment advertising agency jeid-b6ecd0ce5bd1414798e72382cd7ea01f