Recovery Audit Coordinator - RAC
Wilsonville, OR 
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Posted 10 days ago
Job Description
Description

Recovery irector of Reimbursement

Status: Full-Time

Location: 25115 SW Parkway Ave. Wilsonville, OR (Hybrid)

Compensation: $55,000.00 - $64,000.00

Employee Perks:

  • Tuition assistance
  • Mentorship opportunities
  • Employee assistance program featuring free counseling services, financial coaching, legal services, and more
  • Generous employee referral program
  • Paid time off/sick leave (rolls over annually)
  • 401K retirement plan with employer contributions
  • Comprehensive benefits package with medical coverage, voluntary dental, vision, and life insurance, short-term disability, and AD&D coverage

Avamere understands the importance of affordable and accessible healthcare for our team members and is very excited to partner with SEIU 503 and the Essential Worker Healthcare Trust to offer an excellent health insurance benefit plan at a significantly reduced cost to the employee.

Starting in 2023, our Full-Time Oregon team members will be able to participate in a PPO or HMO plan with deductibles as low as $800.00 with significantly reduced premium costs. Employees will be eligible to start using their benefits within their first month of hire - no 60+ day waiting period! Vision, Dental, STD, LTD, AD&D, and other benefits are available for enrollment as well.

Job Summary

This position develops, interprets, and implements operational requirements for the Centers for Medicare & Medicaid Services' (CMS) Recovery Audit Contractor (RAC) program and has accountability for daily management, monitoring, and direction of RAC activities. This position provides financial data and analysis for internal and external reporting, ensures the hospital is prepared for RAC audits, responds to audit requests, challenges questionable determinations, and files timely appeals.

Essential Duties and Job Responsibilities

  • Coordinates, initiates, monitors, and responds to all audit requests/demands.
  • Initiates and monitors the appeal processes in a timely manner.
  • Reviewing records for payor, RAC, regulatory denials/appeals, and downgrades by providing in depth coding review, audit findings and appeal strategies to the System Coding Leadership.
  • Performs research, gathers financial data, and conducts focused audits on Medicare and Medicaid billing to analyze, summarize, prepare reports, and make recommendations.
  • Coordinates with facility subject matter experts when necessary.
  • Uses data or maintains database to track information including but not limited to trends regarding Medicare and Medicaid billing practice both within and outside of the hospital.
  • Manages internal and external billing audit communications for all audit-related correspondence.
  • Continuously evaluates and improves processes in preparation for audit requests and in response to audit findings.
  • Assists interdisciplinary teams in identifying and prioritizing areas of process improvement and develop/implement processes and tools to mitigate risk.

Requirements & Qualifications:

Minimum Qualifications

  • Must have 2-3 years of revenue cycle experience.
  • Minimum three (3) or more years of experience in coding, billing, charge documentation, charge audit, or charge capture activities.
  • Experience with coding, and auditing for physician practices is required. RHC experience preferred.
  • Knowledge of Medicare reimbursement/payment policies, CMS CLAIMS Manual, audit reviews and analysis, medical terminology, and coding (ICD-9, CPT, etc.).
  • Must possess strong organizational skills with a high level of accuracy and attention to detail.
  • Must possess strong investigative, analytical, and critical thinking skills.
  • Maintain confidentiality of all resident care information in accordance with HIPAA guidelines.

Avamere Living is an Equal Opportunity Employer and participates in E-Verify.






Avamere Companies is an Equal Opportunity Employer

 

Job Summary
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Required Experience
2 to 3 years
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