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Lyric

Healthcare Collections Analyst

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What they do

A Collections Analyst communicates with clients to provide support and follows up on outstanding payments. Prepares and reviews reports about collection accounts and monitors collection of over-due accounts. May also analyze credit risk and recommend credit extension.

$49,711 / year median in the U.S.

-9% projected decline

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Job Description

Lyric Keyword Location Search view all jobs Healthcare Collections Analyst Virtual, USA Posted 87 days ago Apply Now Lyric is an AI-first, platform-based healthcare technology company, committed to simplifying the business of care by preventing inaccurate payments and reducing overall waste in the healthcare ecosystem, enabling more efficient use of resources to reduce the cost of care for payers, providers, and patients. Lyric, formerly ClaimsXten, is a market leader with 35 years of pre-pay editing expertise, dedicated teams, and top technology. Lyric is proud to be recognized as 2025 Best in KLAS for Pre-Payment Accuracy and Integrity and is HI-TRUST and SOC2 certified, and a recipient of the 2025 CandE Award for Candidate Experience. Interested in shaping the future of healthcare with AI? Explore opportunities at lyric.ai/careers and drive innovation with #YouToThePowerOfAI. Applicants must already be legally authorized to work in the U.S. Visa sponsorship/sponsorship assumption and other immigration support are not available for this position. The Healthcare Collections Analyst is responsible for processing medical insurance claim overpayments that were identified through Lyric's data mining efforts including but not limited to posting recoveries, processing adjustments and offsets, and conducting collection activities to secure refund checks. The Healthcare Collections Analyst will also participate in validating the overpayments based on policy instructions and claim coding details and will maintain a library that includes instructions for validating specific audit concepts, client specific rules, and system processing instructions. This person may also assist in the identification process and audit concept improvements to ensure the best return for our clients.
ESSENTIAL JOB RESPONSIBILITIES & KEY PERFORMANCE OUTCOMES
Perform a variety of support and general administration assignments in support of the team including but not limited to data entry, tracking correspondence, generating, stuffing, and mailing letters. Process overpayments (post provider refunds, adjustments, offsets) requests, prepare notification letters. Conduct outbound calls to healthcare providers to request payment recovery in a professional, courteous, and respectful manner. Clearly communicate payment requests, claim details, and supporting information to provider offices. Collaborate with internal teams to resolve discrepancies or provider questions efficiently. Review claims for missing or incomplete information, calculate payment, or validation of identified overpayments. Work under direct supervision with ability to analyze claim issues from identification to resolution and handle basic problems independently while collaborating with senior team member on more complex issues. Responsible for reviewing and managing outstanding accounts receivable with guidance by operation leader, contacting providers to collect payment, and identifying issues with unpaid accounts. Understand client specific policies related to claim payments, provider manual and member benefits. Maintain legal compliance by following company policies, client policies, procedures, guidelines, as well as state and federal regulations. Recognize and report system issues. Prepare basic internal and external reports by collecting, analyzing, and summarizing information. Maintain productivity goals and standards set by the department. Executes functions with focus on accuracy and quality. Complete special projects as assigned.
REQUIRED QUALIFICATIONS
Minimum of one (1) year experience in administration support or data entry. High school diploma.
PREFERRED QUALIFICATIONS
One (1) year experience in healthcare claims operations environment. College degree in role related field. Excellent communication skills; verbal and written. Strong MS Office skills (Word, Excel, PowerPoint). Strong organization and time management. Ability to work in a fast-paced environment; flexibility to handle multiple priorities. •The US base salary range for this full-time position is: The specific salary offered to a candidate may be influenced by a variety of factors including but not limited to the candidate's relevant experience, education, and work location. Please note that the compensation details listed in US role postings reflect the base salary only, and does not reflect the value of the total rewards compensation. •Lyric is an Equal Opportunity Employer that strives to create an inclusive environment, empower employees and embrace collaborative success. Apply Now Active Filters Healthcare Collections... Virtual, USA Clear All Powered By Cookie Policy We use cookies to improve your experience on our site. To find out more, read our privacy policy Accept Cookies Decline Cookies