Work from Office
Full Time
A Day in the Life Medtronic is expanding their footprint for Diabetes Care with a center in Pune and as the Refunds Executive, India, this role is responsible for the supporting staff training efforts, providing technical feedback on specific work items, system usage, and policies and procedures within Patient Financial Services.
Responsibilities may include the following and other duties may be assigned:
As a Refunds Executive, you will work in conjunction with Patient Financial Services Management team to identify unit priorities and realign staff and workflow as appropriate.
To review and verify refund requests against patient and insurance accounts, ensuring correct identification of credit balances and overpayments for processing
Evaluate credit balances in patient and insurance accounts to determine refund eligibility.
Initiate, process, and document refunds based on payer contracts, internal policies, and regulatory requirements.
Monitor trends in refund requests and identify root causes to proactively reduce future overpayments or processing errors.
Required Knowledge and Experience:
Bachelor s degree in business or accounting major is preferred.
1-3 years of experience insurance verification in a healthcare setting or in billing and/or insurance collections.
Experience leading a team or project and working as a subject matter expert. Demonstrated ability to prioritize work, handling daily and multiple tasks to completion within the time allotted.
Experience with various insurance plans offered by both government and commercial insurances (i. e. , PPO, HMO, EPO, POS, Medicare, Medicaid, HRA s) and coordination of healthcare benefits, including requirements for referral, authorization, and pre-determination.
Experience with medical billing and collections terminology CPT, HCPCS and ICD-9 coding.
Benefits & Compensation
Medtronic offers a competitive Salary and flexible Benefits Package
A commitment to our employees lives at the core of our values. We recognize their contributions. They share in the success they help to create. We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage.
We lead global healthcare technology and boldly attack the most challenging health problems facing humanity by searching out and finding solutions.
Our Mission to alleviate pain, restore health, and extend life unites a global team of 95, 000+ passionate people. We are engineers at heart putting ambitious ideas to work to generate real solutions for real people. From the R&D lab, to the factory floor, to the conference room, every one of us experiments, creates, builds, improves and solves. We have the talent, diverse perspectives, and guts to engineer the extraordinary.
Learn more about our business, mission, and our commitment to diversity here
Medtronic
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