Revenue Cycle Manager
2 months ago
JOB TITLE: Revenue Cycle Manager
EMPLOYER: Limitless Male Medical
DEPARTMENT: Finance
REPORTS TO: Financial Controller
SUMMARY: The revenue cycle manager is responsible for providing leadership to the revenue cycle team, including AR follow-up, payment posting, provider/facility payer enrollment, refunds/credits, coding, HIM, as well as provider audit and education. The revenue cycle manager is responsible for ensuring best-in-class performance in all areas of the revenue cycle by developing and implementing policies, workflows, and expectations to support the financial strength of LMMC and its affiliates.
DUTIES AND RESPONSIBILITIES:
- Develop and implement policies and procedures to ensure compliance and best-in-class performance for each area of the revenue cycle
- Provide direct leadership and support over the revenue cycle staff
- Plan and direct the daily revenue cycle operation through establishing best-in-class KPIs, auditing, and monitoring of revenue cycle performance to ensure compliance with all federal, state, and payer regulations
- In collaboration with the Director of Business Intelligence and the Financial Controller, the Revenue Cycle manager prepares and analyzes overall revenue cycle performance on daily, weekly, and monthly; calling out any areas of opportunity and creating action plans to address such areas
- Complete monthly quality and production audits on all staff based on their specific job duties
- Establish and implement training for each specific job function to include new hire and continuing education for existing staff
- Remain updated on HIPAA and all other health information management issues and regulations to ensure compliance
- Develop and implement strategies to support the growth of LMMC and its affiliates
- Collaborate with all departments of LMMC and its affiliates to ensure success for the organization as a whole; developing and supporting strong relationships across the organization.
- Lead all projects related to the revenue cycle to ensure proper training, implementation, and support
- Other tasks as assigned; we are one team
QUALIFICATIONS:
- Expert knowledge of medical insurance, healthcare compliance, and collections work in a health system or medical practice
- Possess profound knowledge and understanding of rules and regulations affecting medical billing and insurance verification
- Deep knowledge and understanding of the revenue cycle to including coding & documentation, collections, and payment posting, medical billing and denials, provider and facility payer enrollment, and front-end revenue cycle (registration, scheduling, and financial clearance)
- Thorough knowledge and working experience of CPT coding and ICD10 codes, professional fee billing, HCFA 1500, HIPAA, medical terminology, appeal processes, billing and insurance regulations, payer policies, and insurance benefits
- Computer skills required: Human Resource Systems; Microsoft Office Suite; EMR
- Exceptional verbal and written communication skills
- Outstanding ability to motivate team members for success
- Solid knowledge of basic accounting principles and business management to be able to effectively give direction to the billing office
- Detail oriented
- Thrives in a fast-paced always changing environment
- Self-starter willing to dive in to take a talented team to the next level
- Ability to multi-task between all clinics, systems, workflows, and projects
- Goal-oriented mentality to accomplish and establish goals
- CPC, CRCR preferred
- Bachelor’s degree or above in Business, healthcare administration required
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