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Reimbursement Specialist I

Novocure Inc
United States, New Hampshire, Portsmouth
195 Commerce Way (Show on map)
Apr 07, 2025
Description:


The Reimbursement Specialist I, with focus on benefit investigation and initial authorization is responsible for following core reimbursement processes to ensure the accurate completion of eligibility and benefit verification, initial authorization submission as well as authorization follow-ups. This position supports the core reimbursement processes to minimize the financial burden for our patients. This position will require collaborating with and supporting the other Revenue Operations functional teams.

This is a full-time, non-exempt position reporting to the Supervisor, Commercial Reimbursement and it is based in our Portsmouth, NH office.

ESSENTIAL DUTIES AND RESPONSIBILITIES:



  • Basic knowledge of how to perform timely insurance benefit verifications to determine eligibility and cost-share amount for new and existing patients.
  • Basic knowledge on how to submit prior authorization requests to insurance carriers
  • Ability to follow-up on insurance prior authorizations and predetermination requests via phone and insurance website in a timely manner with minimal supervision
  • Basic knowledge on commercial payers medical policies and guidelines for coverage
  • Ability to distinguish the needs between contract carriers and non-contract carriers, including obtaining a contact for letter of agreement negotiations
  • Identify and escalate contracting implementation challenges and opportunities
  • Perform all other duties or priorities assigned by management as needed



QUALIFICATIONS/KNOWLEDGE:



  • Associates degree or equivalent experience preferred
  • 0-2 years experience in a reimbursement-related function, DME-specific experience preferred
  • Maintain integrity and tenacity while working accounts
  • Ability to understand and escalate difficult situations
  • Ability to collaborate with key internal and external teams
  • Ability to solve problems and set priorities
  • Ability to work independently with minimal supervision
  • Ability to work efficiently and cooperatively in a fast-paced office setting
  • Familiarity with medical policies and payer contracts preferred
  • Familiarity with basic medical and insurance terminology preferred
  • Familiarity with Microsoft Office and SAP preferred
  • Fundamental written and verbal communication skills with internal and external customers
  • Fundamental customer service skills



OTHER:



  • Ability to lift up to 20 pounds



ABOUT NOVOCURE:

Our vision

Patient-forward: aspiring to make a difference in cancer.

Our patient-forward mission

Together with our patients, we strive to extend survival in some of the most aggressive forms of cancer by developing and commercializing our innovative therapy.

Our patient-forward values

- innovation

- focus

- drive

- courage

- trust

- empathy

#LI-ER



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