The Manager of Payer Performance works closely with Revenue Cycle and Payer Contracting leaders, as well as ancillary and clinical departments, to identify and address payer issues. This role is responsible for identifying and implementing proposed solutions in order to enhance financial performance. Additionally, this position collaborates with departments across the health system to expand knowledge of contract provisions and to ensure payers are complying with agreed-upon terms, and ultimately providing appropriate reimbursement.
Primary Duties
• Leads the measurement of key performance indicators for each payer, by coordinating with Revenue Cycle leaders and analysts for data collection
• Creates and maintains, Payer Scorecards to assess opportunities to improve payer performance
• Presents department performance and Payer Scorecards to Leadership
• Provides direction and support to the Operations Analysts to ensure quality and productivity standards are met
• Through collaboration with business office management, sustains appropriate staffing levels for the Payer Accountability team
• Gathers and assembles documentation related to denial trends and root causes for committee meetings and regular check-ins with stakeholders to ensure denial adjustments goals are met
• Cultivates internal relationships across the health system to gain insight on barriers and issues
• Promotes organizational awareness to applicable payer contract language
• Monitors administrative errors to improve workflow efficiency, as well as conducts root cause analysis to determine performance issues
• Develops and follows a standardized process for identifying and implementing improvement initiatives
• Mentors staff involved in improvement efforts providing strategies for adhering to project timelines, and reviews initiative results with team member to highlight their impact
• Collaborates with Payer Contracting and Revenue Cycle Leaders to ensure documented payer issues are resolved
• Provide payer metrics that Payer Contracting can use in contracts and negotiations that measure payer performance and possible penalties
• Maintains responsibility of the denials management process, and tracks the status of denial reduction process improvement initiatives
• Assist key stakeholders utilizing denials data to identify root causes and measure progress
• Monitors market trends
Knowledge, Skills, Abilities
• Demonstrates knowledge of:
o Hospital and professional billing processes and reimbursement
o Third-party contracts
o Insurance protocols, delay tactics, systems, and workflows
o Federal and state regulations related to denials and appeals
• Knowledgeable in Revenue Cycle and Payer Contracting workflows
• Ability to work independently, achieve deadlines, and take initiative on multiple projects simultaneously
• High capacity to identify, analyze, and develop solutions for inefficiencies
• Demonstrates excellent leadership, conflict-resolution, and customer service skills
• Confident and able to present complex information to internal leadership, as well as to Payer leaderships
This position does not provide patient care.
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