Full-Time

Denials & AR Senior Analyst

Confirmed live in the last 24 hours

R1 RCM

R1 RCM

10,001+ employees

Revenue cycle management solutions for healthcare

Enterprise Software
Healthcare

Compensation Overview

$16.88 - $24.79Hourly

Senior

Remote in USA

Category
Insurance
Finance & Banking
Requirements
  • Denials or AR experience in Hospital or Physician claims
  • Experience working in a production-based environment
  • Experience in writing appeal letters to insurance companies
Responsibilities
  • Investigating and analyzing claims to identify denial reasons.
  • Drafting complex and contractual appeals and letters to insurance companies.
  • Utilizing strong attention to detail to calculate expected claim reimbursement and notate accounts with updates received via email/phone from insurance companies.
  • Approve cases eligible for clinical review.
  • Assist with training of employees and provide necessary feedback as requested by management.
  • Approve and review cases for external appeal and outpatient billing.
  • Be an alternate point of contact for provider status inquiries.
  • Review EOB’s and provider systems to obtain payment information and apply the proper payments to accounts for billing.
  • Communicate all employee issues or potential areas of concern to department supervisor immediately.
  • Identify whether a claim has been under or over paid based on the provider’s expected reimbursement.
  • Determine if underpayments are based on patient responsibility.
  • Maintain an understanding of DRG, per diem, case rates and other relevant insurance reimbursement schematics.
  • Apply provider specific reimbursement methodologies, payment policies and provider contracts to each payment reviewed to confirm payment in full.
  • Meet all weekly performance standards and goals set by management.

R1 RCM provides Revenue Cycle Management (RCM) solutions to healthcare providers, focusing on improving financial and administrative processes. The company uses technology and automation to streamline tasks such as patient registration, coding, billing, and collections, which helps reduce costs and enhance patient satisfaction. R1 RCM differentiates itself by offering both comprehensive and targeted services, often through long-term contracts with performance-based incentives. The main goal is to allow healthcare organizations to focus more on patient care while achieving better financial outcomes.

Company Stage

Acquired

Total Funding

N/A

Headquarters

Murray, Utah

Founded

N/A

Growth & Insights
Headcount

6 month growth

12%

1 year growth

23%

2 year growth

36%
Simplify Jobs

Simplify's Take

What believers are saying

  • The acquisition by TowerBrook Capital Partners and CD&R for $8.9 billion reflects strong investor confidence and potential for growth.
  • R1 RCM's advanced RCM solutions, like R1 Professional, are widely adopted by large hospital-owned medical groups, indicating robust market penetration.
  • The company's strategic focus on automation and AI in handling clinical denials appeals positions it well to address rising healthcare financial pressures.

What critics are saying

  • The recent cyberattack and customer bankruptcy have negatively impacted R1's revenue outlook for 2024, highlighting vulnerabilities in its operations.
  • The competitive landscape in the RCM sector is intense, with potential for market share erosion by emerging technologies and new entrants.

What makes R1 RCM unique

  • R1 RCM's focus on end-to-end RCM solutions tailored for healthcare providers sets it apart from competitors who may offer more generalized financial services.
  • The company's use of intelligent automation to streamline revenue cycle processes provides a competitive edge in reducing administrative burdens and improving patient satisfaction.
  • R1 RCM's performance-based incentive contracts align its success with that of its clients, fostering long-term partnerships and trust.

Help us improve and share your feedback! Did you find this helpful?