Team Lead Insurance Verification

Medtronic

5 - 10 years

Pune

Posted: 16/01/2025

Job Description

At Medtronic you can begin a life-long career of exploration and innovation, while helping champion healthcare access and equity for all. You’ll lead with purpose, breaking down barriers to innovation in a more connected, compassionate world.

A Day in the Life

Medtronic is expanding their footprint for Diabetes Care with a center in Pune and as the Team Lead Verification, 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.

The Diabetes Operating Unit focuses on improving the lives of those within the global diabetes community. As a business, we strive to empower people with diabetes to live life on their terms by delivering innovation that truly matters and providing support in the ways they need it.

Our portfolio of innovative solutions is designed to provide customers greater freedom and better health, helping them achieve better glucose control, while spending less time managing their disease.

Responsibilities may include the following and other duties may be assigned:

As a Team Lead Verification, you will work in conjunction with Patient Financial Services Management team to identify unit priorities and realign staff and workflow as appropriate.

Executes on established department objectives and assignments which affect the immediate operation, but that also have full revenue cycle, and company-wide fiscal impact.
Monitor all staff worklists and unit email inboxes to ensure turnaround time, aging, and dollar thresholds for all unit worklists are being maintained to achieve established targets.
Maintain all team lead worklists at inflow, escalating issues as appropriate to supervisor.
Work with management team to utilize various aging, reconciliation, credit, and worklist reports to realign staff priorities to achieve unit goals.
Monitor staff productivity and perform weekly quality reviews, identifying issues, and providing training to improve statistics.
Participate with supervisor in QR delivery.
Collaborating with unit Leadership and various departments within the revenue cycle to ensure the prompt resolution of escalations and customer disputes.

Required Knowledge and Experience:

Bachelor’s degree in business or accounting major is preferred.
8+ 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 medical billing and collections terminology – CPT, HCPCS and ICD-9 coding.
Experience with HIPAA guidelines and healthcare compliance.
Previous experience in receiving and making outbound calls to patients to explain insurance benefits related to health insurance, and/or discussing patient financial responsibilities.

Physical Job Requirements

The above statements are intended to describe the general nature and level of work being performed by employees assigned to this position, but they are not an exhaustive list of all the required responsibilities and skills of this position. 

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.

This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).

About Medtronic

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 90,000+ 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

About Company

Medtronic is a global leader in medical technology, headquartered in Dublin, Ireland. Founded in 1949, the company develops and manufactures a wide range of medical devices, therapies, and services to improve the health and quality of life for patients worldwide. Medtronic's products span various medical fields, including cardiac and vascular care, diabetes management, neurological and spinal treatments, minimally invasive surgeries, and respiratory care. The company is committed to advancing healthcare through innovation, focusing on developing breakthrough technologies and therapies that address critical health issues and improve patient outcomes. Medtronic operates in more than 150 countries and has a strong presence in both developed and emerging markets.