Senior Manager, Revenue Cycle

2 days ago

Durham, North Carolina, United States Fastmed Full time

Position Summary 

The Revenue Cycle Senior Manager is responsible for managing the day–to–day activities as it relates to full revenue cycle functions, which include billing, account receivables, payment posting, and data analysis. This role is also responsible for the development and implementation of current and future strategies, along with minimizing bad debt, improving cash flow and managing the overall health of the company's receivables. 

Duties and Responsibilities  

  • Manage staff performance by providing regular feedback, QA and productivity metrics, performance reviews, and using data to drive revenue cycle efficiencies.
  • Enhance and standardize workflow processes throughout the revenue cycle process, to assist in achieving consistency in maintaining the critical success factors for the revenue cycle department.
  • Compiles and prepares various status reports to analyze trends and make recommendations.
  • Monitors timeliness and effectiveness of department activities, ensuring that outstanding account receivables are consistent with contracted standards.
  • Prepare revenue cycle financial analysis including aged accounts. Monitor and assess KPI's in order to improve efficiency.
  • Strive to embody FastMed's core values of STAT (Service, Teamwork, Accountability, Transparency) and embrace FastMed's philosophy of Compassionate Hospitality

Experience, Skills and Education 

  • College degree in accounting/business management preferred. 
  • Five years or more in medical billing management or relevant revenue cycle management experience required.
  • Proficiency in the use of Microsoft Excel, Word, and Power Point.

Physical Demands 

The physical demands and work environment characteristics described here are representative of those that must be met by a team member to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. 

While working the essential functions of this job, the employee is occasionally required to stand, walk, sit, life, carry, use hands to handle or feel objects, tools or controls, reach with hands and arms, climb stairs, balance, stoop, kneel, crouch or crawl, talk, hear and lift and/or move up to 40 pounds.  

Work Environment  

Admin - While performing the essential functions of the job the employee may be in office or work remotely dependent upon the company and/or department's policies.  

Managerial Demands 

While performing the essential functions of the job, the team member will be to be available via cell phone during work hours, as well as before and after work hours and on weekends, to answer calls and concerns. Regular checking of FastMed email is . 

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