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Mass General Brigham

Early-stage life science venture investor

Claims Review Specialist

Claims AdjudicationPosted on Nov 9
Full-timeRemote in USA

About the Job

Requirements

  • A high school diploma or equivalent is required.
  • One to two years of related healthcare experience is required.
  • Knowledge of medical billing and coding principles, reimbursement methodologies, and insurance claim submission processes is required.
  • Knowledge of healthcare regulations and compliance, including HIPAA guidelines, is required.
  • Familiarity with insurance plans, government programs, and their billing requirements is required.
  • Strong attention to detail and accuracy in claim submissions and recordkeeping is required.
  • Excellent written and verbal communication skills are required to interact effectively with insurance companies, patients, and colleagues.
  • A strong customer service orientation and the ability to handle sensitive or difficult situations with empathy and professionalism are required.
  • Remote employees must maintain a stable internet connection and a secure, private, quiet workspace appropriate for handling confidential and protected health information; workspace privacy and security standards may be verified in accordance with organizational policy.

Responsibilities

  • Review and assess medical claims submitted by healthcare providers, insurance companies, and patients to identify discrepancies, errors, or potential fraud.
  • Analyze and validate diagnosis codes (ICD-10) and procedure codes (CPT) on medical claims to ensure accurate representation of the healthcare services provided.
  • Ensure medical claims include complete and accurate documentation supporting services rendered, including physician notes, test results, and other relevant records.
  • Analyze claim payment amounts and compare them with contracted rates, fee schedules, and industry benchmarks.
  • Identify underpayments, overpayments, and potential billing errors.
  • Conduct comprehensive audits of medical claims to verify compliance with billing regulations, payer policies, and internal policies and procedures.
  • Stay updated on insurance company policies, billing guidelines, and reimbursement rules.

Desired Qualifications

  • An associate's degree is preferred.
  • At least two to three years of previous experience in the health insurance industry, in functions such as claims processing, is highly preferred.

About the Company

Mass General Brigham

Early-stage life science venture investor

Mass General Brigham Ventures funds early-stage life science ideas arising from Mass General Brigham’s research network. It provides first access to deal flow and proprietary rights, backing the formation and growth of new companies and technologies. It uses capital and support to help translate bold innovations into drugs and medical technologies that improve patient outcomes worldwide.

Company size
1-10
Company stage
Not listed
Total funding
$1.9B
Headquarters
Cambridge, MA
Founded
2008

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