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Yield Manager - Washington DC, United States - Planned Parenthood of Metropolitan Washington
Description
The Revenue Cycle Manager is responsible for the implementation, execution, and completion of all day-to-day Revenue Cycle functions, while ensuring workflows remain aligned with strategy, commitments, and goals of PPMW.
The Revenue Cycle Manager will lead or direct the work of Reimbursement Specialists and Insurance Benefit Verification specialists to improve billing processes, minimize denials, and ensure timely and correct posting and follow up.
The Revenue Cycle Manager will collaborate with health center managers and staff on trends, denials, and areas needing training and retraining.
The Revenue Cycle Manager will perform all billing and collection functions in order to meet affiliate goals and deadlines. The Revenue Cycle Manager will play a key role in managing any projects alongside the routine workflows of PPMW.Lead, direct and coordinate daily ERA, EOB, and patient payment posting and billing. Ensure month-end reconciliation processes are completed on time and accurately.
Analyzation of self-pay balances, trends, and identification of training needs
Ensure month-end activities are completed in a timely manner and that month-end reconciliation is accurately completed.
Coordinate, participate in, and manage communications (calls, updates) as needed with internal and external stakeholders (e.g. affiliate staff, payer groups.
Run appropriate Epic reporting to track and monitor payer-specific claim adjudication trends.
Submit daily electronic and paper claim files, and correct all claim and charge review
Maintain relationships with contracted payers, and other contracted entities to ensure maximum reimbursement.
Audit
work of reimbursement specialists and insurance benefit verification
Oversee and improve billing and
collection strategies and systems.
payment posting functions, participate in billing line call center, and claim
all reports needed to manage the claims business for assigned affiliates.
reporting, feedback, and training required to improve processes.
Complete special projects as needed.
Bachelor's
years' experience in medical billing and Accounts Receivable management.
Must have the ability to define problems, collect data, establish facts, and draw valid conclusion. Must be flexible, highly organized, creative, and detail-oriented with the ability to set and meet deadlines.
Language Skills
Ability to read, analyze and interpret productivity reports industry periodicals government regulations and legal documents along with the ability to effectively present information to staff at all lev ls of the affiliate and the board of directors.
presentation and public speaking skills with the ability to interact with a diverse group of staff and internal and external customers appropriately and professionally, including PPMW's Board of Directors.
Must possess the ability to add, subtract, multiply and divide in all units of measure, using whole numbers, common fractions, and decimals.
Requires ability to interpret basic financial data and communicate implications to managers. elements of cost analysis, cost management and revenue forecasting.Computer Skills
Must have demonstrated proficiency with Microsoft Office, possess capacity to learn software programs required for specific position and must be able to access electronic communications, including e-mail, Extranet, Intranet, and Internet.
The position may require frequent travel to multiple sites. Employee must provide own reliable transportation and possess a valid driver's license for the performance of agency duties.Travel
Job requires less than 5% travel to headquarters in Washington DC.