Contract Compliance Analyst

Posted 2 Days Ago
Be an Early Applicant
2 Locations
Remote
60K-97K Annually
Junior
Healthtech • Biotech
The Role
The Contract Compliance Analyst facilitates contract implementation and revenue pull-through activities, ensuring compliance with billing processes and payer reimbursement. They collaborate with various teams to analyze revenue scenarios, maintain a contract database, and support operational optimization with Managed Care agreements.
Summary Generated by Built In

Help us change lives

At Exact Sciences, we’re helping change how the world prevents, detects and guides treatment for cancer. We give patients and clinicians the clarity needed to make confident decisions when they matter most. Join our team to find a purpose-driven career, an inclusive culture, and robust benefits to support your life while you’re working to help others.

Position Overview

The Contract Compliance Analyst will facilitate contract implementation and revenue pull-through activities, both proactive and reactive, with internal and external parties. This position will ensure the public and private payer reimbursement. The role is also fundamental in reviewing that billing and payment processes are efficient, timely, and in compliance with corporate goals, contracts and/or regulations. This position will facilitate and manage contract implementation for operations and partner with Managed Care to develop and maintain agreements that provide medical providers and patients with access to our assays while aligning with Exact Sciences goals and objectives.

Essential Duties

Include, but are not limited to, the following:

  • Develop communication for contracts, amendments, and notifications for the internal Revenue Cycle Team (RCT) customers and collaborate with the Field Managed Care team in negotiations with payers for operational optimization.
  • Play a role in the development and maintenance of a contract database and contract management system, working with the credentialing and legal teams.
  • Collaborate with finance and analytics to identify, analyze, and determine next steps to address negative revenue pull-through scenarios specific to payers and across payer segments; including Medicare Advantage, Blues, Medicaid, etc.
  • Collaborate with RCT Managers and specialists to develop and leverage relationships with billing operations staff and payers when resolving claim adjudication issues, both contractual and non-contractual.
  • Support execution of pull-through plans to meet quarterly/annual revenue recovery goals.
  • Identify broad revenue opportunities that span a particular customer segment; including utilizing Content Management Systems (CMS) for noncontracted Managed Medicare non-payments and the Employer Coalition initiative.
  • Consistently identify opportunities to recover revenue.
  • Collaborate with the Managed Care team to identify and prioritize plan(s) utilizing key payers for targeted efforts to impact coverage policy decisions.
  • Facilitate conversations with appropriate Exact personnel early in the contracting process to provide an overview of the account to avoid delay in implementation down the road.
  • Strong attention to detail and organizational skills.
  • Strong analytical skills.
  • Ability to drive to results with a high emphasis on quality.
  • Ability to present recommendations supported by analytical evaluations.
  • Strong ability to prioritize and multi-task.
  • Ability to integrate and apply feedback in a professional manner.
  • Excellent communication, both written and verbal, across internal and external personnel.
  • Ability to collaborate and work effectively as a team member.
  • Uphold company mission and values through accountability, innovation, integrity, quality, and teamwork.
  • Support and comply with the Quality Management System team’s policies and procedures.
  • Maintain regular and reliable attendance.
  • Ability to act with an inclusion mindset and model these behaviors for the organization.
  • Ability to work designated schedule.
  • Ability to work on a mobile device, tablet, or in front of a computer screen and/or perform typing for approximately 90% of a typical working day.
  • Ability to work on a computer and phone simultaneously.
  • Ability to use a telephone through a headset.

Minimum Qualifications

  • 3+ years of experience in billing/reimbursement, coverage, claims, and appeals.
  • Demonstrated understanding of public and private Managed Care payers and reimbursement process.
  • Demonstrated understanding of market-related issues, contract basics, product coverage, and pull through rationale.
  • Proficient with Excel and Epic or similar database; demonstrated ability to maintain competency levels.
  • Demonstrated ability to perform the Essential Duties of the position with or without accommodation.
  • Authorization to work in the United States without sponsorship.

Preferred Qualifications

  • Knowledge of and/or experience with government Managed Care payers.
  • Knowledge of billing and coding.

#LI-TA21

Salary Range:

$60,000.00 - $97,000.00

 

The annual base salary shown is a national range for this position on a full-time basis and may differ by hiring location. In addition, this position is bonus eligible, and is eligible to be considered for company stock at hire and on an annual basis.

 

Exact Sciences is proud to offer an employee experience that includes paid time off (including days for vacation, holidays, volunteering, and personal time), paid leave for parents and caregivers, a retirement savings plan, wellness support, and health benefits including medical, prescription drug, dental, and vision coverage. Learn more about our benefits.

Our success relies on the experiences and perspectives of a diverse team, and Exact Sciences fosters a culture where all employees can develop personally and professionally with a sense of respect and belonging. If you require an accommodation, please contact us here.

Not ready to apply? Join our talent community and stay up to date on what’s new at Exact Sciences.

We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to age, color, creed, disability, gender identity, national origin, protected veteran status, race, religion, sex, sexual orientation, and any other status protected by applicable local, state, or federal law. Any applicant or employee may request to view applicable portions of the company’s affirmative action program.

To view the Right to Work, E-Verify Employer, and Pay Transparency notices and Federal, Federal Contractor, and State employment law posters, visit our compliance hub. The documents summarize important details of the law and provide key points that you have a right to know.

Top Skills

Epic
Excel
The Company
Madison, WI
4,190 Employees
On-site Workplace

What We Do

Exact Sciences is changing the way we think about detecting and treating cancer. As a leader in cancer testing, we are committed to providing earlier answers and life-changing treatment guidance.

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