Claims Analyst I Accounting - Parsippany, NJ at Geebo

Claims Analyst I

Description Home Search Jobs Job Description Claims Analyst IContract:
Parsippany, New Jersey, USSalary:
$32.
00 Per HourJob Code:
336505End Date:
2023-08-06 Days Left:
9 days, 3 hours leftApplyTo discuss more about this job opportunity, please reach out to Chitrank Rastogi (LinkedIn URL - https:
//www.
linkedin.
com/in/chitrank-rastogi-55119a102/), email your updated resume at Email - email protected or give me a call at (425) 523-1648.
Thank you!
Job Description:
Job Roles &
Responsibilities:
The Medicaid Claims Analyst is responsible for Medicaid Drug Rebate process which includes validating, verifying, disputing when necessary, and remitting payment for assigned state Medicaid agencies, SPAPs and Supplemental Rebates.
Analyst is accountable for submitting payments within deadlines and in compliance with CMS guidelines and rebate contract terms.
This position also provides assistance in resolving dispute resolution, weekly pay run activities, SOX audits, system upgrade/implementation and ad hoc analysis.
Essential Duties & Responsibilities Percentage of Time:
Work with assigned states to get Medicaid Summary invoice, summary data file and Claim Level Invoice each quarter and review to ensure completeness of information received.
Upload data into Medicaid systems and authorize transactions.
Document errors and perform research.
Conduct initial quality check on summary data on all claim submissions to ensure rebate eligibility and data consistency.
20% Perform Claim Level Detail validation.
Review suspect claim records and determines if record should be disputed for payment.
20% Resolve disputes and propose recommended amounts to be paid for historical outstanding utilization that is routinely submitted with Medicaid claims.
Must have ability to work independently and make recommendation on state disputes, apply proper amounts to be paid & ensure CMS codes are applied correctly; notify states of results/findings.
20% Complete Medicaid analyzes and documentation on assigned states/programs.
Communicate to manager for key findings and changes to state programs.
10% Provide backup for Medicaid team members in any necessary functions and work with team to establish best practices within Medicaid work environment.
5% Work with assigned states to get Medicaid Summary invoice, summary data file and Claim Level Invoice each quarter and review to ensure completeness of information received.
Upload data into Model N / Medicaid systems and authorize transactions.
Document errors and perform research 5% Conduct initial quality check on summary data on all claim submissions to ensure rebate eligibility and data consistency 5% Perform Claim Level Detail validation.
Review suspect claim records and determines if record should be disputed for payment.
5% Resolve disputes and propose recommended amounts to be paid for historical outstanding utilization that is routinely submitted with Medicaid claims.
Must have ability to work independently and make recommendation on state disputes, apply proper amounts to be paid & ensure CMS codes are applied correctly; notify states of results/findings.
5% Complete Medicaid analyzes and documentation on assigned states/programs.
Communicate to manager for key findings and changes to state programs.
5%Position Requirements Education Required:
Bachelor's degree or equivalent combination of experience, training and/or direct work-related experience.
Experience Required:
Prior Medicaid Claim processing experience with a Pharmaceutical and/or med Device company , state and/or state agency or as Medicaid consultant or equivalent work experience Experience Preferred:
Minimum 2
years pharmaceutical/product focused healthcare experience; Medicaid Claim processing function; manipulation of large datasets, negotiation/conflict resolution.
System Implementation and report writing.
Specialized or Technical Knowledge, License, Certifications needed:
Knowledge of the Model N or Revitas/Flex Medicaid and/or Flex Validata system (or other comparable system) and advance MS Excel skills.
Familiar with CMS Medicaid rules and state specific issues.
Up to date knowledge on Medicaid Validation rules and issues with 340B covered entities.
Strong ability to organize and manipulate large volume of data in various formats.
Attention to detail and high degree of accuracy in data processing and reviews.
Company/Industry Related Knowledge:
Medicaid, Government Pricing and Rebate Pharmaceutical industry experience/knowledge prefer.
Job Requirement Claims Analyst Claims Medicaid Claim Medicaid Rebate Invoice Pharma Pharmaceuticals Healthcare Medical Device Medicaid Claims Reach Out to a Recruiter Recruiter Email Phone Chitrank Rastogi email protected Apply Now Recommended Skills Attention To Detail Auditing Big Data Claim Processing Conflict Resolution Content Management Estimated Salary: $20 to $28 per hour based on qualifications.

Don't Be a Victim of Fraud

  • Electronic Scams
  • Home-based jobs
  • Fake Rentals
  • Bad Buyers
  • Non-Existent Merchandise
  • Secondhand Items
  • More...

Don't Be Fooled

The fraudster will send a check to the victim who has accepted a job. The check can be for multiple reasons such as signing bonus, supplies, etc. The victim will be instructed to deposit the check and use the money for any of these reasons and then instructed to send the remaining funds to the fraudster. The check will bounce and the victim is left responsible.