Note: The job is a remote job and is open to candidates in USA. EmblemHealth is a healthcare company seeking a Senior Analyst for Vendor Payment Integrity. The role involves analyzing vendor trends, performing root cause analysis on payment issues, and managing vendor relationships to ensure compliance with contract terms and optimal outcomes.
Responsibilities
- Responsible for analyzing specific contracts in Enterprise Payment Integrity
- Serve as a primary subject matter expert for each contract to ensure optimal contract management and outcomes
- Evaluate feasibility of implementing interim workflow processes as a stop gap to provider abrasion and interest payments
- Act as a point of communication and coordination with all internal business units for all issues related to vendor contracts
- Ensure current and future state analysis is performed, business requirements and change requests are analyzed and accurately documented and aligned with business needs
- Responsible for “end to end” contract management which includes performing all pre-contractual and implementation activities, business ownership of EPMO and IT projects, development of contract performance standards and associated penalties, root cause analysis and ongoing monitoring and oversight
- Review content of new Payment Integrity contracts and provide input as appropriate
- Partner with business and IT to develop testing strategy, test plans and functional test cases. Participate in the development and execution of user test plans to ensure that the system design meets business needs
- Actively participate in all related Policy Meetings, Quarterly Business Reviews, Reimbursement Policy Committees, Steering Committees
- Create monthly savings reports and identify and address trends in comparison to established goals
- Support budget process by creating requisitions, purchase orders, and accruals for each Payment Integrity program, to ensure program alignment with budget
- Complete monthly invoices and reconcile against Oracle system reporting
- Identify system enhancements and process improvements which will result in enhanced reporting and savings
- Apply project management skills to complete related projects and assignments
- Initiate claims to determine under and overpayments, presents outcomes and seeks appropriate business approvals
- Identify and recommend new programs, savings opportunities, and ways to optimize current contracts
- Evaluate feasibility of implementing interim workflow processes as a stop gap to provider abrasion and interest payments
- Complete assigned Maestro cases in the appropriate Payment Integrity queues to ensure case closure within SLAs
- Engage vendors and internal business units to review opportunities and lead business case development, savings opportunity analysis, and creation of EPMO or IT related projects
Skills
- Bachelor's degree
- 4 - 6 years or relevant, professional experience in health care contracting and management
- Strong understanding of the healthcare industry, managed care and health plan operations
- Experience in managing large, complex contracts
- Additional experience/specialized training/certifications may be considered in lieu of educational requirements
- Knowledge of accruals, invoicing and financial reporting
- Experience with performance improvement
- Ability to prioritize complex projects
- Excellent organizational and project management skills
- Proficiency in Microsoft product suite
- Excellent communication skills; ability to interact appropriately/effectively across all departments and management levels
- AAPC CPC - AAPC Certified Professional Coder &/or CCS - AHIMA Certified Coding Specialist
- Master's Degree
- Knowledge of claims operating platforms
Company Overview
EmblemHealth is an insurance and wellness company that offers health benefits to consumers, employers, and government purchasers. It was founded in 1937, and is headquartered in New York, New York, USA, with a workforce of 1001-5000 employees. Its website is http://www.emblemhealth.com.Company H1B Sponsorship
EmblemHealth has a track record of offering H1B sponsorships, with 2 in 2024, 2 in 2023, 2 in 2021, 4 in 2020. Please note that this does not guarantee sponsorship for this specific role.