ACCESS: SUPPORTS FOR LIVING Account Receivable Coordinator Salary in the United States

Location: Middletown, NY

Job Requirements:

A/R Coordinator is responsible for the day to day management of Revenue Cycle Management for identified areas assigned including month-end closing journal entries, preparation of monthly and year-end account reconciliations, and interpreting general ledger accounts.  Also qualified candidates will possess supervisory experience with the ability to perform and write formal staff evaluations, provide feedback, and offer mentoring opportunities to allow staff to grow and achieve agency outcomes

Primary Functions:

·         Responsible for staff training and retention of up to 6 staff

·         Supervisory position in charge of maintaining billing systems, insurance verification/authorization management, directing billing, and collections

·         Monitors and evaluates work productivity standards including identified Key Performance Indicators of billing team and individual staff for collection rates, days receivables outstanding, and claim denials; supervise, coach and take necessary action to facilitate achievement of performance targets

·         Proactively reviews payer aging reports and establishes achievable goals for A/R reduction and/or cash acceleration. Notifies leaders of potential systemic issues and high risk/high exposure situations.  Recommends and implements solutions for resolving aging receivables

·         Understands and can effectively back-up any position within the Billing Finance unit for which they supervise.  Develops cross-training plans for staff to accommodate times of vacancy/absence

·         Maintains billing and accounts receivable guidelines by writing and updating policies and procedures including recommends changes to departmental procedures, and work flow to promote process improvements.

·         Complies with federal, state, and local legal requirements by studying existing and new legislation; enforcing adherence to requirements; advising management on needed actions.

·         Possess advanced computer skills which include knowledge of Excel, Word and database software

·         Write formal staff evaluations, provide feedback to the staff, and offer mentoring opportunities to allow staff to grow and achieve agency outcomes.

·         Responsible for communicating effectively with staff and leaders on a consistent basis

·         Use accounting concepts to prepare monthly journal entries and various detailed analysis

·         Ability to interpret general ledger accounts and statements as needed and work with staff on determining necessary journal entry adjustments sharing and teaching of accounting concepts

·         Be responsible for the performance of account reconciliations on a monthly and yearly basis in identified areas of responsibility

·         Review account reconciliations performed by subordinate staff for accuracy

·         Manipulate multiple financial and business systems to extract data ensuring transactions are accurately recorded

Qualifications:

The ideal candidate will have:

·         Bachelor’s degree in Accounting or related experience required

·         3 years of progressive related supervisory experience

·         7+ years related Finance experience required

·         Applicants will be organized and precise

·         Applicants will possess intermediate computer skills with demonstrated strengths in Excel and database software

·         Applicants must be able to lead and work effectively in a team environment and independently when necessary

·         5 years of experience in healthcare revenue cycle management and/or medical billing processes including knowledge of ICD-10, CPT, and HCPCS codes preferred

·         Experience with Electronic Health Record (EHR) systems Medical Billing Clearinghouses