Overview:
A Payment Accuracy, Coordination of Benefits (COB) Specialist, is a member of the greater Coordination of Benefits Business Unit (BU). Coordination of Benefits involves situations in which an individual is covered by two or more health plans. Our specialists are passionate about what they do and are experts at reviewing, discovering, and validating substantial amounts of data and delivering results and insights for our clients.
A Payment Accuracy, COB Specialist, is responsible for reviewing and analyzing claims, member, and group data to identify instances of recoverable claims for the benefit of Cotiviti and our clients. Under direct supervision, this individual will be responsible for establishing the correct order of liability for our clients’ members. This individual will also be responsible for inputting accurate claim recovery information in the proprietary Cotiviti software tools, as well as assisting with related inquiries throughout the claim recovery process.
Responsibilities:
- This individual will work under direct supervision and will be monitored for efficiency in production and
quality review of assigned work.
- Has ability to build and maintain a basic understanding of Centers for Medicare and Medicaid Services
(CMS) and National Association of Insurance Commissioners (NAIC) guidelines to establish correct order
of liability.
- Utilizes Cotiviti audit tools (Recovery Management System (RMS), COB Tracker, specific client systems)
to complete member investigations.
- Creates detail-oriented, accurate notes in Cotiviti audit tools and/or client tools throughout the member investigation.
- Meets or exceeds standards of production and quality as identified by compliance and regulatory
guidelines and set forth by the Team Lead and/or Manager when reviewing concept and claim
identifications for the client.
- Prepares and evaluates responses to client disputes both internally and externally within the Business Unit as needed.
- Identify and solve problems by classifying errors and overpayments for our healthcare clients.
- Identifies opportunities for continuous improvement for efficiencies within reporting and streamlining
research processes.
- Demonstrates understanding of Cotiviti policies & procedures, and external regulatory requirements and performs duties in accordance with such regulatory requirements.
- Has a basic understanding of the healthcare industry, as well as proven track record of delivering results.
- Assures confidentiality and security of all data, adhering to all HIPAA (Health Insurance Portability and
Accountability) laws and requirements. Demonstrates the skills, knowledge, and ability to ensure that our environment is safe, complying with industry standards.
- Has ability to take responsibility for outcome, whether positive or negative and apply learning as applicable.
Qualifications:
- High School Diploma required.
- Bachelor’s degree (Preferred) and/or a minimum of at least one (1) year related experience in healthcare.
- At least 1-year Cotiviti experience is recommended for individuals seeking their next opportunity internally.
- Healthcare industry experience, including knowledge of Coordination of Benefits. (Preferred).
- Computer proficiency including Microsoft office (Word, Excel, Outlook)
- Excellent verbal and written communication skills.
- Strong interest in working with large data sets and various databases.
- Ability to work well in an individual and team environment demonstrating self–motivation to deliver success.
Base compensation ranges from $20.00 per hour to $23.00 per hour. Specific offers are determined by various factors, such as experience, education, skills, certifications, and other business needs.
This role is eligible for discretionary bonus consideration.
Cotiviti offers team members a competitive benefits package to address a wide range of personal and family needs, including medical, dental, vision, disability, and life insurance coverage, 401(k) savings plans, paid family leave, 9 paid holidays per year, and 17-27 days of Paid Time Off (PTO) per year, depending on specific level and length of service with Cotiviti. For information about our benefits package, please refer to our Careers page.
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