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Director, Payment Variance

Med-Metrix · Parsippany, New Jersey, US

Job Purpose The Director, Payment Variance will mentor, monitor and evaluate the Underpayment Collections. This position will consistently communicate with t...

Job description

Job Purpose The Director, Payment Variance will mentor, monitor and evaluate the Underpayment Collections. This position will consistently communicate with the Assistant Vice President, Managed Care to ensure efficiency and productivity in the everyday operations and recovery process. The Team is responsible for collecting outstanding insurance balances left open due to contractual discrepancies and insurance payer underpayments. Duties and Responsibilities: - Perform payment variance analysis to identify trends in underpaid claims - Perform denials analysis to identify trends in denial patterns - Perform special projects and other duties as needed. Assists with special projects by utilizing excel spreadsheets, and the ability to communicate results - Identify and report underpayments and denial trends - Ability to analyze, identify and resolve issues causing payer payment delays including billing and coding errors - Managed team productivity to ensure departmental goals are achieved - Develop and mentor team member, provide career coaching motivating and supporting all employees. - Provide the appropriate orientation to new and existing employees. Give the information, technology...