Medicaid Claims Analyst

Parsippany, NJ 07054 | Work from home flexibility

Posted: 08/26/2024 Employment Type: Contract Division: Life Sciences Job Number: JN -082024-19505 State: New Jersey

Job Description

Medicaid Claims Analyst

SRG offers flexible staffing solutions with a national presence. We provide contract, contract-to-hire, direct hire and executive search services. SRG utilizes an innovative approach to identify and qualify talent that is unique to the Staffing industry, featuring a cutting-edge platform that allows us to rapidly and precisely match professionals to client requirements. We have a proprietary database of over one million candidates and maintain continuous contact with our qualified talent.

  • Title: Medicaid Claims Analyst
  • Location: Parsippany, NJ
  • Industry: Pharmaceutical
  • Hours: Monday Friday 8:00a 5:00p. Hybrid: Tuesday and Wednesday / Onsite: Monday, Thursday and Friday.
  • Salary: $40-80.00/HR
  • Employment Type: Long term contract with possibility to extend

Position Summary

The Medicaid Claims Analyst is responsible for Medicaid Drug Rebate process which includes validating, verifying, disputing when necessary, and remitting payment for assigned state Medicaid agencies, SPAPs and Supplemental Rebates. Analyst is accountable for submitting payments within deadlines and in compliance with CMS guidelines and rebate contract terms. This position also provides assistance in resolving dispute resolution, weekly pay run activities, SOX audits, system upgrade/implementation and ad hoc analysis.

Essential Areas of Responsibility

  • Work with assigned states to get Medicaid Summary invoice, summary data file and Claim Level Invoice each quarter and review to ensure completeness of information received. Upload data into Medicaid systems and authorize transactions. Document errors and perform research.
  • Conduct initial quality check on summary data on all claim submissions to ensure rebate eligibility and data consistency.
  • Perform Claim Level Detail validation. Review suspect claim records and determines if record should be disputed for payment.
  • Resolve disputes and propose recommended amounts to be paid for historical outstanding utilization that is routinely submitted with Medicaid claims. Must have ability to work independently and make recommendation on state disputes, apply proper amounts to be paid & ensure CMS codes are applied correctly; notify states of results/findings.
  • Complete Medicaid analyzes and documentation on assigned states/programs. Communicate to manager for key findings and changes to state programs.
  • Provide backup for Medicaid team members in any necessary functions and work with team to establish best practices within Medicaid work environment.
  • Work with assigned states to get Medicaid Summary invoice, summary data file and Claim Level Invoice each quarter and review to ensure completeness of information received. Upload data into Model N / Medicaid systems and authorize transactions. Document errors and perform research
  • Conduct initial quality check on summary data on all claim submissions to ensure rebate eligibility and data consistency
  • Perform Claim Level Detail validation. Review suspect claim records and determines if record should be disputed for payment.
  • Resolve disputes and propose recommended amounts to be paid for historical outstanding utilization that is routinely submitted with Medicaid claims. Must have ability to work independently and make recommendation on state disputes, apply proper amounts to be paid & ensure CMS codes are applied correctly; notify states of results/findings.
  • Complete Medicaid analyzes and documentation on assigned states/programs. Communicate to manager for key findings and changes to state programs.

Education/Certifications/Experience:

  • Bachelor s degree or equivalent combination of experience, training and/or direct work related experience.
  • Prior Medicaid Claim processing experience with a Pharmaceutical and/or med Device company , state and/or state agency or as Medicaid consultant or equivalent work experience
  • Minimum 2+ years pharmaceutical/product focused healthcare experience; Medicaid Claim processing function; manipulation of large datasets, negotiation/conflict resolution. System Implementation and report writing.
  • Specialized or Technical Knowledge, License, Certifications needed: Knowledge of the Model N or Revitas/Flex Medicaid and/or Flex Validata system (or other comparable system) and advance Microsoft Excel skills.
    Familiar with CMS Medicaid rules and state specific issues. Up to date knowledge on Medicaid Validation rules and issues with 340B covered entities.



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About Parsippany, NJ

Discover exciting job opportunities in the vibrant area surrounding Parsippany, New Jersey! Known for its picturesque landscapes, proximity to NYC, and diverse range of industries, Parsippany offers a wealth of growth prospects for job seekers. With easy access to iconic landmarks like Mount Tabor, the Stickley Museum at Craftsman Farms, and the Morris Museum, as well as renowned theaters like The Shakespeare Theatre of New Jersey and the Community Theatre, culture enthusiasts will thrive here. Not to mention the delectable array of cuisines available in the area, from classic diners to gourmet dining options. Explore our job listings today and unleash your potential in this charming and dynamic region!