Demo

Revenue Recovery Analyst

uic
Chicago, IL Full Time
POSTED ON 1/16/2025 CLOSED ON 3/15/2025

What are the responsibilities and job description for the Revenue Recovery Analyst position at uic?

Position Summary
The Business/Administrative Associate (Revenue Recovery Analyst) works with payer underpayments and a broad range of other net revenue related payer issues. This position is responsible to review, validate and collect underpayments for UI Health's contracted payers. Knowledge of and the ability to calculate contracted reimbursement is required and is utilized in all aspects of this position. The position will also review insurance payor issues and prepare and submit files for insurance payer resolution. This position acts as a resource to answer reimbursement questions for external and internal departments.

Duties & Responsibilities
  • Reviews and validates Epic underpayment work queue accounts and submits to payer for collection or explanation. Performs follow up until resolution.
  • Calculates and analyzes insurance payments against the payer’s contracted rates. Reviews and validates reimbursement for global transplant accounts and determines amount due physicians according to contract or internal policy.
  • Assist the Revenue Recovery Manager with reimbursement evaluation involved in payor targeted projects and compilation of account data. 
  • Reviews and investigates claims processing issues reported by the various billing and collections unit or other depts.
  • Works with the unit Manager and Director for report to payers for resolution.
  • Acts as a resource for internal and external departments to answer pre or post service reimbursement questions.
  • Provides feedback and documentation related to contracted payment collection payer trend issues.
  • Provides data for payer audits and inquiries. 
  • Works with Hospital Accounts vendors to resolve reported issues.
  • May train other employees.
  •  

    Revenue Analyst
    Team TAG Services, LLC -
    Chicago, IL

    If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution. Compensation Planning
    Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right. Surveys & Data Sets

    Sign up to receive alerts about other jobs with skills like those required for the Revenue Recovery Analyst.

    Click the checkbox next to the jobs that you are interested in.

    • Assembly Skill

      • Income Estimation: $34,169 - $44,792
      • Income Estimation: $36,050 - $47,608
    • Automation Skill

      • Income Estimation: $39,976 - $52,208
      • Income Estimation: $40,341 - $52,041
    This job has expired.
    View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

    Not the job you're looking for? Here are some other Revenue Recovery Analyst jobs in the Chicago, IL area that may be a better fit.

    Revenue Analyst

    WellNow Urgent Care, Chicago, IL

    Revenue Analyst

    Sidley Austin LLP, Chicago, IL

    AI Assistant is available now!

    Feel free to start your new journey!