Cotiviti Payment Accuracy Specialist Interview Questions and Answers

I am a detail-oriented professional with a background in payment accuracy and a strong focus on ensuring financial integrity.

• Experienced in conducting audits to identify payment discrepancies

• Skilled in analyzing data and identifying trends to improve accuracy

• Strong attention to detail and ability to communicate findings effectively

GAP stands for Guaranteed Asset Protection, a type of insurance that covers the difference between the actual cash value of a vehicle and the balance still owed on the loan.

• GAP insurance is typically purchased for new vehicles to protect against depreciation.

• It is often offered by lenders or dealerships as an add-on to auto insurance policies.

• In the event of a total loss or theft of the vehicle, GAP insurance covers th...read more

Payment accuracy refers to the process of ensuring that payments made by an organization are correct and accurate.

• Payment accuracy involves verifying that the amount paid matches the agreed upon terms and conditions.

• It also includes identifying and rectifying any errors or discrepancies in payments.

• Payment accuracy specialists use data analysis and auditing techniques to ensure accuracy.

• Examples include reviewing invoi...read more