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Claims Examiner III

Full Time / Days

Pay Range: $23.80 to $33.00 per hour depending on experience

The Claims Examiner III is responsible for consistently and accurately adjudicating claims in accordance with policies, procedures and guidelines as outlined by the company policy. Process claims according to all CMS and DMHC guidelines. Review, research and process complex claims. Handle recalculation of claims due to incorrect claim payments or where additional information has been received. Investigate and complete open or pended claims. Meet production and quality standards.

Job Responsibilities:

• Enter claims information from CMS 1500 (professional) and UB-04 (facility) claims into the IDX claims system. Process all level of claims including Professional, COB, surgery, skilled nursing, lab, Home Health, ER, hospital (in and outpatient), DME, Pharmacy and radiology claims by applying Prospect’s policy and procedures and all claim payment criteria.
• Analyze complex claim issues and handle all adjustments for corrected claims or when additional information previously requested is received.
• Identify and pend claims that require referrals to all support areas (eligibility, Medical management etc.) for evaluation or correction of data, tracking these claims to ensure that they are returned and resolved within regulatory guidelines.
• Achieve stringent quality goals of 98% administrative accuracy and 99% financial accuracy to contribute to achieving client performance expectations.
• Achieve stringent productivity goals of 80/10 claims per day/hr.
• Initiate recovery of overpaid claims.

Qualifications

Minimum

• Education: High school diploma or equivalent required.

Minimum Experience:

• Three (3) to five (5) years prior medical claims processing experience required.
• Knowledge of general claims processing principles, CMS claims coding, and UB-04 claims coding, based on at least three to five (3-5) years experience in claims processing preferably in a managed care environment (IPA,MSO)