Pharmacy Receivables Analyst

Posted 10 Days Ago
Be an Early Applicant
Grand Rapids, MI, USA
In-Office
Junior
eCommerce • Retail • Sales
The Role
Researches and analyzes aged pharmacy claims and payment exceptions, rebills or issues refunds, pursues collections, resolves unapplied cash, prepares reports, and communicates findings to finance, pharmacy third party, operations and IT while using pharmacy systems and analytics tools.
Summary Generated by Built In

As a family company, we serve people and communities. When you work at Meijer, you’re provided with career and community opportunities centered around leadership, personal growth and development. Consider joining our family – take care of your career and your community!

 

Meijer Rewards

  • Weekly pay

  • Scheduling flexibility

  • Paid parental leave 

  • Paid education assistance

  • Team member discount

  • Development programs for advancement and career growth

 

Please review the job profile below and apply today!

The Pharmacy Receivables Analyst works both independently and with cross-functional business partners (Finance, Pharmacy Third Party, Pharmacy Operations, IT) to drive results, meeting established goals and maintaining compliance. Using hosted systems (Pharmacy EPS and AbsoluteAR), Microsoft Office and various vendor provided tools the Pharmacy Receivable Analyst researches, analyzes, corrects and resolves exceptions regarding the status of pharmacy claims.


 

What You'll be Doing:

  • Performs research and analysis on aged pharmacy claims, this includes evaluating trends and recommending solutions or other corrective actions to maximize cost saving and profitability.

  • Independently responsible for reviewing and analyzing payment activity to identify and resolve payment exceptions.  Documents actions, pursues collection on unpaid claims and initiates refunds of overpayments as needed.   

  • Performs research and analysis on unapplied cash and liability  situations and initiates corrective actions. 

  • Summarizes and communicates findings on research and analysis to Pharmacy Third Party, Operations, IT and others. 

  • Provides financial and analytical day-to-day support and recommendations to Pharmacy Third Party through data and trend analysis while ensuring pharmacy compliance have been followed.

  • Prepares and publishes  regular and ad-hoc reporting to cross-functional business partners including, finance management, Pharmacy Third Party, Pharmacy Operations and IT.   

  • Rebills claims to correct errors related to billing or payment issues using the Pharmacy PDX/EPS system and other available tools. 

  • This job profile is not meant to be all inclusive of the responsibilities of this position; may perform other duties as assigned or required. 

What You Bring with You (Qualifications):

  • Bachelor of Accounting/Finance or Business degree or equivalent experience.

  • Experience with medical billing/collection preferred.

  • Proficiency in Microsoft Office applications, with advanced knowledge in Excel and ability to learn and understand company systems and tools, such as Alteryx and UiPath.

  • Strong analytical and problem solving skills to independently identify and resolve the root causes of exceptions.

  • Ability to organize and prioritize multiple activities within established deadlines.

  • Requires constant attention to detail.

  • Customer and results oriented.

Skills Required

  • Bachelor of Accounting, Finance, Business degree or equivalent experience
  • Experience with medical billing/collections
  • Proficiency in Microsoft Office with advanced Excel skills
  • Ability to learn and use analytics and automation tools such as Alteryx and UiPath
  • Strong analytical and problem solving skills to identify and resolve root causes
  • Ability to organize and prioritize multiple activities and meet deadlines
  • Constant attention to detail
  • Customer- and results-oriented approach
  • Familiarity with pharmacy billing systems/hosted tools (Pharmacy EPS, AbsoluteAR, PDX/EPS)

Meijer Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Meijer and has not been reviewed or approved by Meijer.

  • Healthcare Strength Healthcare coverage is described as a meaningful part of the total package, with medical, dental, and vision options and additional supplemental coverage. The availability of wellness programming and online doctor visits further strengthens the health offering.
  • Retirement Support Retirement offerings are positioned as solid, including 401(k) access and Roth 401(k) options that some find valuable. Union-negotiated structures are also associated with above-average pay and benefits in certain service roles.
  • Leave & Time Off Breadth Time-off benefits are a recurring bright spot, including paid time off, vacation time, and holiday pay that can accumulate over time. Paid parental leave is also part of the package, supporting work-life needs alongside PTO.

Meijer Insights

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The Company
HQ: Grand Rapids, Michigan
26,032 Employees
Year Founded: 1934

What We Do

It takes guts to start a business during the Great Depression. And it takes vision to keep it going. Our founder, Hendrik Meijer, opened Thrifty Acres in 1934. Almost thirty years later, his son, Fred, pioneered the world’s first ever supercenter – setting the table for who we are today: a multi-billion-dollar household name in retail. Of course, we’re not done. Not by a long shot. We recently launched the nation’s largest grocery home-delivery service – reinventing the business of grocery shopping … again. A lot has changed over the years, except for one thing; we’re still family owned. And that sense of family runs deep in everything we do. It’s the difference between selling a product and serving a community, and it’s the reason we’ve given back over $30 million to local food pantries in the last ten years. So, if you appreciate the pioneering spirit of Meijer, we’d like to connect with you. Because the bigger our family, the better

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