Reimbursement Specialist (Hybrid)
Overview
This is where your insights influence change. As a member of the Baxter Finance team, you have the critical thinking and analytical mindset that allows you to translate data into meaningful, actionable insights that help teams learn and adapt along the way. We guide our internal partners to understand financial opportunities or realities that move Baxter forward and closer to our mission to save and sustain lives. While you often work independently with your cross-functional team, you always have the greater finance organization to lean on for support and career mentoring.
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Support for Parents
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Continuing Education/ Professional Development
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Employee Heath & Well-Being Benefits
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Paid Time Off
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2 Days a Year to Volunteer
Success Profile
What makes a successful Finance team member at Baxter? Take a look at some of the top traits we’re looking for and see if you’re a fit.
- Adaptable
- Analytical
- Detail-oriented
- Easygoing
- Results-driven
- Team player
Reimbursement Specialist (Hybrid)
This is where you save and sustain lives
At Baxter, we are deeply connected by our mission. No matter your role at Baxter, your work makes a positive impact on people around the world. You’ll feel a sense of purpose throughout the organization, as we know our work improves outcomes for millions of patients.
Baxter’s products and therapies are found in almost every hospital worldwide, in clinics and in the home. For over 85 years, we have pioneered significant medical innovations that transform healthcare.
Together, we create a place where we are happy, successful and inspire each other. This is where you can do your best work.
Join us at the intersection of saving and sustaining lives— where your purpose accelerates our mission.
Your role at Baxter
THIS IS WHERE you build trust to achieve results…
As a Reimbursement Specialist, you will be responsible for duties in an assigned territory or payer(s) including eligibility and benefit verification, documentation collection, prior authorization and reauthorization submissions, letter of agreement payment negotiations, and processing payer decisions. As the Reimbursement Specialist you will communicate directly with patients, healthcare teams, and insurance companies as well as collaborating cross-functionally with other Respiratory Health teams to coordinate in our mission of enhancing outcomes for patients and their caregivers.
What you'll be doing
- Perform verification of eligibility and benefits to determine coverage and payer requirements.
- Ensure all benefit information is loaded correctly to reduce rework and allow for clean claims.
- Gather clinical documentation to support medical necessity for Respiratory Health products.
- Assess clinical documentation to ensure all applicable prescription, face to face, and coverage criteria requirements are met.
- Prepare and submit prior authorization requests to insurance companies including commercial payers as well as government payers including Medicare and Medicaid
- Process authorization decisions from payers timely to streamline and drive revenue.
- Negotiate payment rates for letter of agreement to ensure maximum collection potential.
- Provide a superior customer experience by leveraging ability to discuss payer policies, coverage criteria, benefit limitations, potential cost, or any pertinent product information with patients and healthcare teams.
- Understand and adhere to all policies for Baxter and 3rd party payers to ensure the highest standards of quality and compliance.
- Consistently contribute to team goals and understand how they support greater organizational goals.
- Actively seek additional experience and knowledge across all functional areas to gain expertise and perform other duties and projects as assigned.
What you'll bring
- Associates degree or higher preferred
- 3+ years of industry experience, preferably in health insurance and/or durable medical equipment
- Third party payer experience strongly preferred.
- Exceptional written, verbal, and interpersonal communications
- Strong critical thinking and problem-solving skills
- Detail orientated and ability to multi-task.
- Ability to work independently as well as in a team environment.
- Possess the ability to manage time and prioritize critical priorities.
- Proficiency in Microsoft Office Software
- Experience with Total Information Management System (TIMS) a benefit.
Baxter is committed to supporting the needs for flexibility in the workplace. We do so through our flexible workplace policy which includes a minimum of 3 days a week onsite. This policy provides the benefits of connecting and collaborating in-person in support of our Mission.
We understand compensation is an important factor as you consider the next step in your career. At Baxter, we are committed to equitable pay for all employees, and we strive to be more transparent with our pay practices. The estimated base salary for this position is $41,600 to $57,200 annually. The estimated range is meant to reflect an anticipated salary range for the position. We may pay more or less than the anticipated range based upon market data and other factors, all of which are subject to change. Individual pay is based upon location, skills and expertise, experience, and other relevant factors. For questions about this, our pay philosophy, and available benefits, please speak to the recruiter if you decide to apply and are selected for an interview.
Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time.
#LI-JE1
Equal Employment Opportunity
Baxter is an equal opportunity employer. Baxter evaluates qualified applicants without regard to race, color, religion, gender, national origin, age, sexual orientation, gender identity or expression, protected veteran status, disability/handicap status or any other legally protected characteristic.
EEO is the Law
EEO is the law - Poster Supplement
Pay Transparency Policy
Reasonable Accommodations
Baxter is committed to working with and providing reasonable accommodations to individuals with disabilities globally. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the application or interview process, please click on the link here and let us know the nature of your request along with your contact information.
Recruitment Fraud Notice
Baxter has discovered incidents of employment scams, where fraudulent parties pose as Baxter employees, recruiters, or other agents, and engage with online job seekers in an attempt to steal personal and/or financial information. To learn how you can protect yourself, review our Recruitment Fraud Notice.
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Join Our Talent Community
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