Revenue Cycle Director directs and oversees the overall policies, objectives, and initiatives of an organization's revenue cycle activities to optimize the patient financial interaction along the care continuum. Reviews, designs, and implements processes surrounding admissions, pricing, billing, third party payer relationships, compliance, collections, and other financial analyses to ensure that clinical revenue cycle is effective and properly utilized. Being a Revenue Cycle Director tracks numerous metrics related to the patient engagement cycle including record coding error rates and billing turnaround times to develop sound revenue cycle analysis and reporting. Manages relations with payers and providers to generate high reimbursement rates and a low level of denials. Additionally, Revenue Cycle Director requires a bachelor's degree. Typically reports to top management. The Revenue Cycle Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be a Revenue Cycle Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2024 Salary.com)
Are you a meticulous and experienced Revenue Cycle Specialist looking to join a dynamic finance team? Are you a key player in healthcare revenue cycle management?
If so, join the team! You will be responsible for accurately processing and submitting medical claims, ensuring compliance with regulatory requirements and optimizing reimbursement for this esteemed institution.
The ideal Revenue Cycle Specialist will have great communication and computer skills, a professional attitude, strong work ethic and the ability to work in a fast-paced environment.
Revenue Cycle Specialist Responsibilities :
Review / resolve insurance statements, adjust accounts per office policy and contract agreements
Identify insurance payment errors and appeal with medical records or phone calls when necessary
Work EOBS daily
Assists with insurance benefit inquiries, eligibility, forms and appeals
Take payments for outstanding bills and make payment arrangements upon patient request
Knowledge of Insurance Claims Processing
Process Accounts Receivables
Revenue Cycle Specialist Requirements :
1-5 years of revenue cycle experience
Working knowledge and experience with cash handling and payment processing
Working knowledge of ICD-10 and CPT codes
Understanding of HIPAA guidelines / regulations
Clear All
0 Revenue Cycle Director jobs found in Bloomington, IL area