Job Details

Description

CHARACTERISTICS OF WORK:

 

This position will require very strong industry-based knowledge of revenue cycle management and best practices.  This strong leader must take a hands-on roll up their sleeves transformational approach to be successful.  The position will have immediate responsibility for two large billing operations totaling more than 25 million in accounts receivable with a disproportionate amount of it aging and needing immediate attention. The position has direct supervision of all employees in RCM and over both databases and accounts receivables. The Revenue Cycle Manager will also need to be strong enough to acquire additional databases for new practices, helping with integration and support as they are acquired into the platform.  The position will be expected to collaborate with senior management, provide weekly and monthly updating, but work independently.

 

EXPERIENCE / EDUCATIONAL REQUIREMENTS:

 

Education:

 

Bachelor’s Degree required, degree in Health Care Administration or Business Administration preferred

 

AND

 

Experience:

 

Eight (8) years’ experience in financial management including two (2) years in medical financials

 

Three (3) years’ experience in managing 15+ employee department

 

 

 

ESSENTIAL FUNCTIONS:

 

The essential functions include, but are not limited to, the following:

 

Orthopedic billing experience helpful

Surgery Center billing experience helpful

Manage and supervise 20+ employees

Participate with senior management and independently develop and design workflows to optimize efficiency and effectiveness in billing, collections, and cash posting

Collaborate with the practice CEO and VP of RCM to set revenue cycle goals

Remain current in all regulatory matters related to the position

Manage the development of staff using performance measurement reports and tools

Review and approve write-offs for private pay and insurance accounts

Sign affidavits for collections agency

Create and maintain year-round accruals: malpractice insurance, property, furniture and fixture taxes, Christmas Bonus, depreciation, and reconciliation to schedule, etc.

Familiar with and remain proficient in ICD-10 and CPT codes and medical terminology

Proficient with Microsoft Word, Excel, PowerPoint programs

Assist human resources in hiring business department employees: billing, medical records, insurance, and transcription

 

Qualifications

Behaviors

Required

Innovative: Consistently introduces new ideas and demonstrates original thinking

Detail Oriented: Capable of carrying out a given task with all details necessary to get the task done well

Leader: Inspires teammates to follow them

Motivations

Required

Ability to Make an Impact: Inspired to perform well by the ability to contribute to the success of a project or the organization

Goal Completion: Inspired to perform well by the completion of tasks

Education

Required

Bachelors or better.

 

Preferred

Bachelors or better in Health Administration or related field.

 

Experience

Required

3 years:

Three (3) years’ experience in managing 15+ employee department

8 years:

Eight (8) years’ experience in financial management including two (2) years in medical financials