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Contract Compliance Analyst III
full-timeMadison$51k - $84k

Summary

Location

Madison

Salary

$51k - $84k

Type

full-time

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About this role

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 III 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.
  • Applicants must be currently authorized to work in country where work will be performed on a full or part-time basis. We are unable to sponsor or take over sponsorship of employment visas at this time.

Preferred Qualifications

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

$51,000.00 - $84,000.00

 

The annual base salary shown is for this position located in US - WI - Madison on a full-time basis. In addition, this position is bonus eligible.

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 to stay updated on the latest news and opportunities at Exact Sciences.

We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to disability, protected veteran status, and any other status protected by applicable local, state, or federal law.

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.

Other facts

Tech stack
Billing,Reimbursement,Claims,Analytical Skills,Communication,Collaboration,Attention to Detail,Organizational Skills,Contract Management,Revenue Cycle,Negotiation,Problem Solving,Data Analysis,Customer Relationship Management,Quality Management,Teamwork

About Exact Sciences

At Exact Sciences, our purpose is to help eradicate cancer by preventing it, detecting it earlier, and guiding personalized treatment.

We're hiring! Our organization offers something for everyone, at all stages of careers and from all backgrounds. Let's take on cancer, together.

Content reflects information available and is accurate at the time of publication.

Team size: 5,001-10,000 employees
LinkedIn: Visit
Industry: Biotechnology Research

What you'll do

  • The Contract Compliance Analyst III will facilitate contract implementation and revenue pull-through activities, ensuring compliance with corporate goals and regulations. This role involves collaboration with various teams to optimize billing processes and resolve claim adjudication issues.

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Frequently Asked Questions

What does Exact Sciences pay for a Contract Compliance Analyst III?

Exact Sciences offers a competitive compensation package for the Contract Compliance Analyst III role. The salary range is USD 51k - 84k per year. Apply through Clera to learn more about the full compensation details.

What does a Contract Compliance Analyst III do at Exact Sciences?

As a Contract Compliance Analyst III at Exact Sciences, you will: the Contract Compliance Analyst III will facilitate contract implementation and revenue pull-through activities, ensuring compliance with corporate goals and regulations. This role involves collaboration with various teams to optimize billing processes and resolve claim adjudication issues..

Why join Exact Sciences as a Contract Compliance Analyst III?

Exact Sciences is a leading Biotechnology Research company. The Contract Compliance Analyst III role offers competitive compensation.

Is the Contract Compliance Analyst III position at Exact Sciences remote?

The Contract Compliance Analyst III position at Exact Sciences is based in Madison, Wisconsin, United States. Contact the company through Clera for specific work arrangement details.

How do I apply for the Contract Compliance Analyst III position at Exact Sciences?

You can apply for the Contract Compliance Analyst III position at Exact Sciences directly through Clera. Click the "Apply Now" button above to start your application. Clera's AI-powered platform will help match your profile with this opportunity and guide you through the application process. You can also learn more about Exact Sciences on their website.