Recovery Analyst
Remote-FL, United States
You could be the one who changes everything for our 28 million members. Centene is transforming the health of our communities, one person at a time. As a diversified, national organization, you’ll have access to competitive benefits including a fresh perspective on workplace flexibility.
**This is a Remote position open to candidates throughout the Continental United States**
Position Purpose: The Recovery Analyst identifies, researches and investigates possible claims overpayments to support the Claims Recovery function.
- Identifies, researches and investigates possible claims overpayments from reports prepared by internal and external sources.
- Determines compliance with benefit plans, provider contracts, and policies and procedures, etc., as they relate to the accuracy of claims payments.
- Summarizes results of research in a meaningful manner that can be used to collect overpayments from providers. Interacts with providers regarding collections, adjustments, problems, etc.
- Interacts with outsourced vendors and supports their efforts in the identification of overpayments.
- Reports additional areas where overpayments may have been/are being made noted as a result of performing above work.
- Prepares reports by extracting data in order to be able to investigate additional areas of exposure.
- Controls exception amounts sent directly to providers for collection. Reviews cash receipts recorded by Finance for amounts sent in error to other sources. Sends timely follow-up letters, records and monitors cash receipts, and issues a report of monthly activity. Works with outsourced vendors as required and when receipts are misdirected.
- Interacts with claims adjustment team to ensure adjustment of errors determined during work being performed, especially when reconciliations are required.
- Completes additional responsibilities as required by the department.
Centene offers a comprehensive benefits package including: competitive pay, health insurance, 401K and stock purchase plans, tuition reimbursement, paid time off plus holidays, and a flexible approach to work with remote, hybrid, field or office work schedules. Actual pay will be adjusted based on an individual's skills, experience, education, and other job-related factors permitted by law. Total compensation may also include additional forms of incentives.
Centene is an equal opportunity employer that is committed to diversity, and values the ways in which we are different. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or other characteristic protected by applicable law.
Qualified applicants with arrest or conviction records will be considered in accordance with the LA County Ordinance and the California Fair Chance Act
Job Profile
Open to candidates throughout the continental United States Remote position
Benefits/Perks401(k) Competitive benefits Competitive pay Comprehensive benefits Comprehensive benefits package Flexible approach Flexible work schedules Health insurance Holidays Paid Time Off Stock purchase Stock purchase plans Tuition reimbursement Workplace flexibility
Tasks- Identify claims overpayments
- Interact with providers
- Monitor cash receipts
- Prepare reports
- Research claims
Access Claims Claims recovery Compliance Compliance Analysis Data Extraction Education Finance Health Insurance Insurance Procedures Report Preparation Research Vendor interaction
Experience1 years
EducationEducation Equivalent Equivalent experience Finance Insurance Undergraduate Undergraduate Degree
TimezonesAmerica/Anchorage America/Chicago America/Denver America/Los_Angeles America/New_York Pacific/Honolulu UTC-10 UTC-5 UTC-6 UTC-7 UTC-8 UTC-9