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Bionic Prosthetics and Orthotics is a leading provider of orthotic and prosthetic services with over 45 offices across the United States. We are currently seeking a qualified individual to join our expanding Revenue Cycle department. We are offering a full-time, manager-level position with office hours Monday - Friday, 8am - 5pm. We offer vacation/sick time, health benefits, paid holidays, and 401K with a company match!
The RCM (Revenue Cycle Management) Manager is responsible for overseeing and managing the revenue cycle of a healthcare organization. The RCM Manager will work closely with other departments and teams, such as billing, coding, authorization, patient registration, and collections, to ensure that all revenue-related processes are efficient and effective. This role requires a strong understanding of healthcare billing and reimbursement, as well as experience in managing teams and projects.
Key Responsibilities:
- Oversee and manage all aspects of the revenue cycle, including billing, coding, patient registration, and collections.
- Ensure compliance with all state and federal regulations related to healthcare billing and reimbursement.
- Develop and implement policies and procedures to improve the efficiency and effectiveness of the revenue cycle.
- Monitor and analyze financial performance data to identify areas for improvement and make recommendations for changes.
- Work with other departments and teams, such as billing and coding, to ensure that all revenue-related processes are integrated and functioning smoothly.
- Manage and train a team of billing and coding professionals to ensure that they are performing their duties effectively and efficiently.
- Communicate with payers and insurance companies to resolve billing and reimbursement issues.
- Work with the senior management team to develop and implement strategic plans for the revenue cycle.
Qualifications:
- Bachelor's degree in healthcare administration, finance, or a related field.
- Minimum of 5 years of experience in healthcare revenue cycle management.
- Strong understanding of healthcare billing and reimbursement regulations and compliance.
- Excellent project management and team management skills.
- Strong analytical and problem-solving skills.
- Excellent communication and interpersonal skills.
- Experience working with healthcare billing and coding software.
- Strong leadership skills and the ability to motivate a team.
- Experience with data analysis and financial performance metrics.
Job Type: Full-time
Pay: $60,000.00 - $65,000.00 per year
Benefits:
Schedule:
Experience:
Work Location: In person
Full Time
Medical Technology
$87k-121k (estimate)
02/06/2023
02/17/2024
bionicpo.com
CHICAGO, IL
50 - 100
2007
Private
$10M - $50M
Medical Technology
The job skills required for Revenue Cycle Manager include Billing, Leadership, Medical Billing, Planning, Problem Solving, Health Insurance, etc. Having related job skills and expertise will give you an advantage when applying to be a Revenue Cycle Manager. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Revenue Cycle Manager. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Revenue Cycle Manager positions, which can be used as a reference in future career path planning. As a Revenue Cycle Manager, it can be promoted into senior positions as a Revenue Cycle Director that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Revenue Cycle Manager. You can explore the career advancement for a Revenue Cycle Manager below and select your interested title to get hiring information.
If you are interested in becoming a Revenue Cycle Manager, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Revenue Cycle Manager for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Revenue Cycle Manager job description and responsibilities
Revenue Cycle Manager helps to ensure transparency, alleviate patients’ financial stress, collect earlier, and accelerate reimbursement in a healthcare facility.
03/17/2022: New Britain, CT
Perform a revenue cycle claims tracing analysis.
04/03/2022: Grand Rapids, MI
Ensure Timely and Accurate revenue documentation.
02/12/2022: New Brunswick, NJ
Align their roles to the organization’s business or strategic plan.
04/18/2022: Long Beach, CA
Evaluate the effects of price, length of stay, demand, and availability controls on revenue.
01/31/2022: Benton Harbor, MI
Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Revenue Cycle Manager jobs
An organization can purchase data analytics software and use dashboards to set and monitor revenue goals.
01/23/2022: Bergenfield, NJ
The revenue cycle begins when the patient makes the appointment and ends with successful payment collection.
03/31/2022: Helena, MT
Poor quality data and future revenue cycle complications can occur without the ability to streamline the digital workflow.
02/26/2022: Augusta, GA
Establish performance standards.
03/27/2022: Lawrence, MA
Generate the actionable data that allows health system leaders to understand financials at a nuanced level, promoting effective processes that lead to financial sustainability and optimum revenue cycle management.
03/21/2022: Corpus Christi, TX
Step 3: View the best colleges and universities for Revenue Cycle Manager.