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Washington Regional Medical System
Insurance Claims Analyst (Full-time, Monday - Friday, 8:00am-4:30pm)
Entry-Level JobVerifiedNo experience needed
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Based on Arkansas data
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What they do
A Medical Claims Processor or Representative reviews and processes medical insurance claims and determines whether an insurance policy will cover a medical procedure. Gathers information from policy holders and organizes insurance files; may process checks with payments to policy holders when a medical claim is approved.
$41,269 / year median in Arkansas
-5% projected decline
Job Description
Insurance Claims Analyst (Full-time, Monday - Friday, 8:00am-4:30pm) Washington Regional Med. Ctr. - Fayetteville, AR 72703 Apply Overview Position Type Full Time Job Shift Days Education Level High School Diploma or GED Category Business Services/Revenue Cycle Management Apply Description Organization Overview, Mission, Vision, and Values Our mission is to improve the health of people in the communities we serve through compassionate, high-quality care, prevention, and wellness education . Washington Regional Medical System is a community-owned, locally governed, non-profit health care system located in Northwest Arkansas in the heart of Fayetteville, which is consistently ranked among the Best Places to live in the country. Our 425-bed medical center has been named the #1 hospital in Arkansas for five consecutive years by U.S. News & World Report. We employ 3,200+ team members and serve the region with over 40 clinic locations, the region's only Level II trauma center, and five Centers of Excellence - the Washington Regional J.B. Hunt Transport Services Neuroscience Institute ; Washington Regional Walker Heart Institute ; Washington Regional Women and Infants Center ; Washington Regional Total Joint Center ; and Washington Regional Pat Walker Center for Seniors . Position Summary The role of the Insurance Claims Analyst reports to the assigned Insurance Billing Manager. This position reviews, processes, and analyzes medical insurance claims for accuracy and compliance with policies, investigating discrepancies and ensuring timely payments to providers. This position is responsible for verifying patient information, checking for coding errors (like ICD-10 and CPT), effectively and efficiently communicating with healthcare providers and internal departments, and maintaining detailed records. This position requires strong analytical and problem-solving skills, a keen eye for detail, and familiarity with medical billing and claims management software. Essential Position Responsibilities Analyze insurance claims to ensure accuracy, completeness, and compliance with policy guidelines. Verify patient information and check for errors in billing and coding. Investigate and resolve discrepancies, such as claim denials or billing issues, by communicating with providers and internal departments. Provide timely and efficient follow-up on all outstanding AR using assigned ATB worklist reports, using various systems, including Payor portals, Payor phone inquiries and/or written communications Ensure claims are processed efficiently and that reimbursements are paid correctly and on time. Apply knowledge of healthcare industry policies, regulations, and medical billing codes (like ICD-10 and CPT) to ensure correct billing practices. Maintain detailed records of claims and prepare reports on claims data, trends, and financial performance Maintain AR collection of claims at less than 30 days of account age Serve as a liaison with healthcare providers, patients, and internal departments to answer questions and resolve issues.