Healthcare Revenue Cycle Optimization Manager Salary in Malden, Massachusetts

The Healthcare Revenue Cycle Optimization Manager implements processes for admissions, pricing, billing, third party payer relationships, compliance, and collections to ensure that clinical revenue cycle is effective and properly utilized. Manages the policies, objectives, and initiatives of an organization's revenue cycle activities to achieve revenue targets and to optimize the patient financial interaction along the care continuum. Being a Healthcare Revenue Cycle Optimization Manager coordinates with internal teams, payers, and providers to generate high reimbursement rates and a low level of denials. Tracks metrics related to the patient engagement cycle including record coding error rates and billing turnaround times to develop sound revenue cycle analysis and reporting. In addition, Healthcare Revenue Cycle Optimization Manager requires a bachelor's degree or equivalent. Typically reports to a director. The Healthcare Revenue Cycle Optimization Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Working as a Healthcare Revenue Cycle Optimization Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)

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