Senior Revenue Cycle Specialist
23 hours ago
Job Title:
Senior Revenue Cycle Specialist
Location:
On Site - Nashville, Tennessee, United States
Salary:
$55,000-$65,000
Skills:
Revenue Cycle Management (RCM), AR Management, Denials Resolution, Medical Coding (ICD9/10, CPT, HCPCS), Process Optimization
About the Hospitals and Health Care Company / The Opportunity:
Join an innovative leader in the hospitals and health care sector dedicated to optimizing financial processes and enhancing patient care delivery. This role offers a unique opportunity for a data-driven professional to drive revenue cycle improvements and ensure financial integrity within a dynamic healthcare environment. As a Senior Revenue Cycle Specialist, you will play a pivotal role in streamlining complex financial workflows, supporting compliance, and maximizing revenue outcomes for the organization and its patients.
Responsibilities:
- Manage accounts receivable (AR) processes, ensuring timely and accurate collections.
- Collaborate with Revenue Cycle Business and Financial Analysts on claim resolution and oversight.
- Prepare, review, and validate complex medical records for accuracy and completeness.
- Interpret payer correspondence and determine the appropriate next action for claims.
- Submit appeals and reconsideration requests, offering process improvement suggestions as needed.
- Update and review line-item receipt postings and resolve posting discrepancies.
- Address assigned hold codes, including denials related to eligibility, addresses, or other issues.
- Track and obtain client and provider documentation for comprehensive recordkeeping.
- Ensure all claims and appeals documentation are accurately uploaded into the relevant systems.
- Verify insurance coverage and prior authorization requirements to support claims adjudication.
- Collaborate across Billing, Coding, Patient Access, and Cash Receipts teams for cohesive workflow management.
- Mentor and train new team members, and lead projects focused on process optimization.
Must-Have Skills:
- High school diploma or GED required (Associate's/Bachelor's degree in Business, Finance, or related discipline preferred).
- Minimum 6 years of revenue cycle experience in a hospital, laboratory, ambulatory surgery center, or large medical practice (3 years specific to denials management required); or 3 years of denials management with a Bachelor's degree.
- Proven expertise in AR management, denials resolution, and claims processing.
- In-depth knowledge of ICD9, ICD10, CPT, and HCPCS coding.
- Strong working knowledge of Microsoft Office Suite, especially Excel and Outlook.
- Exceptional accuracy, attention to detail, and the ability to work effectively in a fast-paced, team-oriented environment.
- Demonstrated ability to follow Standard Operating Procedures (SOPs) and take direction clearly.
- Effective communication skills and experience mentoring others or leading initiatives.
Nice-to-Have Skills:
- Associate's or Bachelor's degree in a related field.
- Experience leading large-scale process optimization projects within healthcare finance or RCM.
- Familiarity with OnBase or similar medical documentation management systems.
- Knowledge of payer-specific policies and prior authorization procedures.
- Ability to suggest and implement enhancements in operational SOPs.
- Experience training or onboarding new team members in a healthcare setting.
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