Medical Claims Denial Specialist
INTERCOASTAL MEDICAL GROUP
Job Description
Job Description
About Company:
Founded in 1993, Intercoastal Medical Group is an association of more than 100 highly credentialed physicians encompassing many medical specialties serving Sarasota County and Manatee County, Florida with nine locations. Intercoastal is the premier provider of choice in the Sarasota / Bradenton area.
Intercoastal Medical Group also prides itself on offering this area’s most current technology and resources. Extensive laboratory and diagnostic equipment and a day surgery center allow for fast and accurate diagnostic tests and procedures at conveniently located Intercoastal facilities.
We are always looking for qualified and compassionate professionals to join our team of dedicated providers and staff. If you enjoy working in a fast-paced environment where you can truly make a difference in the lives of patients, then Intercoastal Medical Group is the place for you.
About the Role:
The Claims Specialist plays a critical role in the healthcare revenue cycle by managing and resolving denied insurance claims to ensure timely and accurate reimbursement. This position requires a thorough understanding of insurance policies, billing procedures, and regulatory requirements to identify the root causes of claim denials and implement effective corrective actions. The specialist collaborates closely with healthcare providers, insurance companies, and internal teams to appeal denials and prevent future occurrences. Success in this role directly impacts the financial health of the organization by reducing revenue loss and improving cash flow. Ultimately, the Claims Specialist ensures that patients and providers receive appropriate compensation for services rendered while maintaining compliance with healthcare regulations.
Location: Business Office- 943 S. Beneva Road in Sarasota
Minimum Qualifications:
- High school diploma or equivalent; associate degree or higher in healthcare administration or related field preferred.
- Minimum of 2 years experience in medical billing, coding, or claims denial management within the healthcare industry.
- Strong knowledge of medical insurance policies, billing procedures, and healthcare reimbursement processes.
- Proficiency with electronic health record (EHR) systems and medical billing software.
- Excellent communication and organizational skills with attention to detail.
Preferred Qualifications:
- Certification such as Certified Professional Biller (CPB) or Certified Coding Specialist (CCS).
- Experience working with Medicare, Medicaid, and commercial insurance providers.
- Familiarity with healthcare regulations including HIPAA and the Affordable Care Act.
- Advanced proficiency in data analysis and reporting tools.
- Demonstrated ability to lead denial management projects or teams.
Responsibilities:
- Review and analyze denied insurance claims to determine the reasons for denial and identify necessary corrective actions.
- Prepare and submit appeals and supporting documentation to insurance companies to resolve claim denials efficiently.
- Collaborate with healthcare providers, billing teams, and insurance representatives to gather information and clarify discrepancies.
- Maintain accurate records of denied claims, appeals, and outcomes to track trends and improve denial management processes.
- Monitor insurance policies and regulatory changes to ensure compliance and update denial resolution strategies accordingly.
- Provide training and guidance to staff on best practices for claim submission and denial prevention.
- Generate reports on denial rates, causes, and recovery efforts to inform management and support continuous improvement.
Skills:
The Claims Specialist utilizes analytical skills daily to investigate and interpret complex insurance denials, identifying patterns and root causes. Strong communication skills are essential for effectively liaising with insurance companies, healthcare providers, and internal teams to resolve issues and advocate for claim approval. Organizational skills enable the specialist to manage multiple cases simultaneously, maintain detailed records, and ensure timely follow-up on appeals. Proficiency with billing software and EHR systems supports accurate data entry and retrieval, facilitating efficient claim processing. Additionally, knowledge of healthcare regulations ensures compliance and informs the development of strategies to minimize future denials.
Intercoastal is a drug free workplace and EEO compliant.
$75.53k - $116.31k
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