RCM Prior Authorization Specialist
Osmind
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United States
Key Responsibilities
- Maintain current knowledge of insurance policies, regulations, and requirements to ensure compliance with industry standards
- Ability to meet productivity and quality measurement requirements
- Work collaboratively with internal and extended business office staff
- Review patient medical records and insurance information to determine which services require authorization
- Coordinate with the practices and insurance companies to obtain pre-authorization for medical procedures, treatments, and medications
- Communicate with patients and healthcare providers regarding the status of authorization requests and any changes in coverage
- Participate in the development of coding and billing strategies, evaluating processes related to Revenue Cycle and making recommendations while ensuring compliance with any relevant rules or regulations (including HIPAA, Medicaid, Medicare, and specific third-party payers)
- Maintains professional relationships and collaborates across teams
- Prepares and coordinates revenue cycle responsibilities within the acquisition/implementation process. This includes but is not limited to staff onboarding, vendor management, and clearinghouse management.
Required Qualifications
- 3+ years of experience in prior authorization and insurance verification
- Deep understanding of CPT coding, insurance claim processing, and payer reimbursement models
- Demonstrated expertise with services like TMS, Spravato, and other interventional psychiatric treatments
- Excellent research and comprehension skills for behavioral healthcare regulations
- Adaptability and comfort with new technologies
- Ability to work independently, collaboratively, and reliably
- Self-starter mentality with a problem-solving approach
- Thrives in a dynamic environment and welcomes new challenges
Preferred Qualifications
- Experience working in or consulting for an MSO or large psychiatric practice group
- Familiarity with value-based care models and alternative payment structures in mental health
- Knowledge of healthcare compliance regulations (e.g., HIPAA, Stark Law)
- Experience with data analytics tools and generating actionable insights from RCM data
A Successful First Year Might Look Like...
- Onboarding and optimizing RCM processes for multiple psychiatric clinics, resulting in an improvement in collection rates
- Developing and implementing best practices for TMS and Spravato billing that reduce denial rates
This job is no longer accepting applications
See open jobs at Osmind.See open jobs similar to "RCM Prior Authorization Specialist" General Catalyst.