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SalaryJob Description:
Medicare Policy Analyst (New Health Care Company)
3M is establishing two industry-leading companies, creating value through the spin-off of its Health Care business, while 3M will continue to be a global material science leader, focusing our innovation to win in favorable global megatrends and attractive end markets. This new Health Care Company will be a leading global diversified health technology company with:
- Proven category leadership
- Exposure to attractive end-markets
- Innovation mindset driving improved patient outcomes
- Collaborative customer relationships
- Deep global regulatory experience
- Operational excellence and strong cash flow
- Strong sales growth and profitability with significant recurring sales
We expect the creation of the two companies will be completed by the end of 2023. For now, we will continue to operate as one global company. This role is positioned to drive the success of the "New Health Care Company”.
This position provides an opportunity to transition from other private, public, government or military experience to a 3M career.
The Impact You’ll Make in this Role
In this position you will utilize your medical coding, billing, or clinical knowledge to develop software and data sets using information from national and state medical coverage policies. This involves extensive research of medical polices and utilizes clinical understanding to represent polices with medical terminology and medical codes such as CPTs, HCPCs and ICDs. Key skills to succeed include the ability to manipulate data, think like a programmer, and draw upon a clinical background, medical coding, or reimbursement knowledge. You will be working with a small passionate team and be involved in projects that improve medical billing, coding, and reimbursement across the nation.
As a Medicare Policy Analyst, you will have the opportunity to tap into your curiosity and collaborate with some of the most innovative and diverse people around the world. Here, you will make an impact by:
- Researching and analyzing Medicare payment policies and regulatory changes in order to organize and update content in our proprietary database
- Preparing and delivering new files and updates to customers
- Corresponding with CMS or other payers to clarify policy ambiguities or publication errors.
- Responding to inquiries about our data or working with customers to resolve issues.
- Leading QA and analyses of data we build or acquire
- Implementing solutions that help hospitals, clinics, and doctors comply with regulations and attain proper payment for medical care
- Collaborating with skilled colleagues to devise solutions to tricky challenges
- Determining how to best organize and represent information to meet client or software needs
- Contributing ideas that advance and improve your team’s products & processes
Your Skills and Expertise
To set you up for success in this role from day one, 3M requires (at a minimum) the following qualifications:
To set you up for success in this role from day one, 3M requires (at a minimum) the following qualifications:
- Bachelor’s Degree or higher (completed and verified prior to start) from an accredited university
OR
- High School Diploma/GED (completed and verified prior to start) and a minimum of eight (8) of experience in healthcare
- Four (4) years of experience in healthcare in a private, public, government or military environment
Additional qualifications that could help you succeed even further in this role include
- Registered Nurse (RN) or master’s degree
- Experience in health information systems or medical billing
- Any of the following: CCS-H, CCS-P, CPC, CPC-P, COC, CCA, RHIT, RHIA Certified, or a strong working knowledge of ICD-10, CPT & HCPCS coding practices.
- Experience supporting, using, or implementing an HIS system – especially for coding, compliance, billing, or insurance claim adjudication
- Understanding of medical terminology, procedures & diagnoses
- Knowledge of the common disease processes, common treatments, and diagnostic tests
- Medical coding, billing, or auditing background – esp. hospital outpatient
- Knowledge of medical insurance payment policies or processes
- Strong organization skills; must be able to meet frequent short-term deadlines
- Ability to work independently and collaboratively with team members
- Strong computer & data analysis skills (e.g. MS Office, Excel, use of databases, or helping design or troubleshoot software solutions – especially related to medical payments or compliance)
- Great reading comprehension with ability to interpret complex regulatory documents and extract key concepts
- Analytic thinking, problem solving & a penchant for focusing on fine details
Work location:
- Work Your Way Eligible (Remote/Hybrid)
Travel: May include up to 10% domestic
Relocation Assistance: May be authorized
Must be legally authorized to work in country of employment without sponsorship for employment visa status (e.g., H1B status).
Supporting Your Well-being
3M offers many programs to help you live your best life – both physically and financially. To ensure competitive pay and benefits, 3M regularly benchmarks with other companies that are comparable in size and scope.
Chat with Max
For assistance with searching through our current job openings or for more information about all things 3M, visit Max, our virtual recruiting assistant on 3M.com/careers.
Applicable to US Applicants Only:The expected compensation range for this position is $103,233 - $126,174, which includes base pay plus variable incentive pay, if eligible. This range represents a good faith estimate for this position. The specific compensation offered to a candidate may vary based on factors including, but not limited to, the candidate’s relevant knowledge, training, skills, work location, and/or experience. In addition, this position may be eligible for a range of benefits (e.g., Medical, Dental & Vision, Health Savings Accounts, Health Care & Dependent Care Flexible Spending Accounts, Disability Benefits, Life Insurance, Voluntary Benefits, Paid Absences and Retirement Benefits, etc.). Additional information is available at: https://www.3m.com/3M/en_US/careers-us/working-at-3m/benefits/. Responsibilities of this position include that corporate policies, procedures and security standards are complied with while performing assigned duties. 3M is an equal opportunity employer. 3M will not discriminate against any applicant for employment on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or veteran status. Please note: your application may not be considered if you do not provide your education and work history, either by: 1) uploading a resume, or 2) entering the information into the application fields directly.
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