We are seeking a detail-oriented and proactive Revenue Cycle Manager to join our team. Responsible for overseeing the entire revenue cycle process within The Remedy organization, ensuring efficient billing, collections, and revenue management. This role involves coordinating with various departments to optimize patient flow, reduce claim denials, and enhance cash flow. Key responsibilities include analyzing financial data, implementing best practices for billing and coding, monitoring compliance with regulations, training staff, and identifying areas for improvement. The goal is to maximize revenue while providing high-quality patient care and maintaining operational efficiency. Strong analytical skills, leadership abilities, and a deep understanding of healthcare reimbursement processes are essential for success in this position.
Duties/Responsibilities:
- Oversight of Revenue Cycle Operations: Manage and oversee all aspects of the revenue cycle, from patient registration to final payment teams.
- Billing and Collections Management: Ensure accurate and timely billing processes, monitor accounts receivable, and develop strategies to reduce collection times.
- Claim Management: Review and manage claim submissions to minimize denials and ensure compliance with regulations.
- Data Analysis: Analyze financial data and key performance indicators (KPIs) to identify trends, areas for improvement, and revenue opportunities.
- Staff Training and Development: Train and mentor staff on billing, coding, and collections practices to ensure compliance and efficiency.
- Collaboration with Departments: Work closely with clinical and administrative teams to streamline processes, improve patient flow, and enhance overall revenue cycle performance.
- Policy and Procedure Development: Develop and implement policies and procedures to improve revenue cycle operations and ensure compliance with regulatory standards.
- Patient Account Management: Address complex patient account issues, providing support and solutions to enhance patient satisfaction.
- Reporting: Prepare regular reports for management, highlighting revenue cycle performance and areas requiring attention.
- Continuous Improvement: Stay updated on industry trends, regulations, and best practices to continually improve revenue cycle management processes.
Education and Experience:
- Associate’s or Bachelor’s degree in Healthcare Administration, Business, or related field preferred OR a combination of education and relevant professional experience will be considered. Candidates with substantial experience in the field are encouraged to apply.
- Minimum of 2 years of experience in a healthcare billing or patient account role.
- Strong understanding of insurance denials management and payment posting procedures.
- Excellent communication and interpersonal skills.
- Detail-oriented with strong organizational abilities.
- Proficiency in healthcare billing software and electronic health records (EHR) systems.
- Ability to work independently and collaboratively in a fast-paced environment.
The Remedy Mental Health offers a comprehensive benefits package and provides eligible employees with an opportunity to enroll in various benefit programs, subject to applicable waiting periods. This includes the following:
- Paid Time Off
- Holiday Pay
- Medical Insurance
- Health Savings Account
- Dental Insurance
- Vision Insurance
- 401(k) with Employer Match
- Life Insurance and AD&D
- Short-Term Disability
Job Type: Full-time
Pay: $70,000.00 - $85,000.00 per year
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