Revenue Cycle Manager - Northbrook, United States - USA Clinics Group

USA Clinics Group

Verified Company

Northbrook, United States

3 weeks ago

Posted by:

Mark Lane

beBee recruiter

Description

The
Revenue Cycle Manager (RCM), reporting to the Senior VP of Revenue Cycle Management (RCM), acts as a strategic leader for all revenue cycle functions and activities with the goal of optimizing revenue.

This position is responsible for ensuring compliance with third party payor requirements as well as all applicable state/federal laws and regulations.

The
RCM is accountable for ensuring the coordination of operations, procedures, and best practices for billing, collections and follow up, and denials management for the assigned practices and specialty service lines.

Specific functional areas of oversight include payment posting; EDI claims and statement submission; AR follow up for insurance and self-pay; and collections workflows.

The director works closely with registration, coding and clinical areas to optimize revenue collection while ensuring a seamless billing experience for patients.

Responsibilities

Directs all activities for assigned revenue cycle areas, ensuring optimal revenue collection and patient satisfaction with the billing experience and ensuring compliance.
Leads a team of revenue cycle managers, supervisors and team members ensuring efficient and compliance in all areas of revue cycle, while optimizing collections.
Works closely with IT department to optimize the use of technology to automate revenue cycle functions
Performs RCA (Root Cause Analysis) to resolve problems affecting the revenue cycle and develop solutions to implement.
Monitors and develop key performance indicators
Develops and maintains appropriate internal controls in the Patient Accounts department
Ensures compliance with USAVC policies and procedures, health plan requirements, and federal and state laws and regulations
Additional duties as assigned