What are the responsibilities and job description for the Revenue Cycle Processor 1 position at Strada Services?
Job Details
Description
The Revenue Cycle Processor I is responsible for ensuring accuracy and efficiency throughout the billing and payment process. Duties include preparing and submitting timely, accurate billing to secure proper reimbursement, minimize deductions, and maintain a streamlined revenue cycle. The role also manages incoming payments with precision, allocating them promptly to the appropriate invoices, while monitoring and tracking accounts receivable to keep customer accounts accurate and current.
Duties And Responsibilities
Description
The Revenue Cycle Processor I is responsible for ensuring accuracy and efficiency throughout the billing and payment process. Duties include preparing and submitting timely, accurate billing to secure proper reimbursement, minimize deductions, and maintain a streamlined revenue cycle. The role also manages incoming payments with precision, allocating them promptly to the appropriate invoices, while monitoring and tracking accounts receivable to keep customer accounts accurate and current.
Duties And Responsibilities
- Utilizes a workflow that correlates to the revenue cycle.
- Contacts customers for resolution on items that are identified as transactional errors.
- Communicates with other department and works with internal team in determining cause of delinquencies.
- Escalates issues as appropriate.
- Assists with the development of effective and efficient methods.
- Build and maintain customer relationships and identify delinquencies that need addressed.
- Conducts daily incoming and outgoing transactions within the scope of the revenue cycle.
- Required Skills / Abilities:
- The incumbent must develop and manage relationships with colleagues in a professional, independent manner.
- Be able to prioritize workload and perform in a fast-paced and challenging environment.
- This position requires organization and time management skills.
- Effective attention to detail and a high degree of accuracy.
- Ability to enter data into various electronic systems while maintaining the integrity and accuracy of the data.
- Demonstrated knowledge of the Revenue Cycle components and strong customer engagement.
- Strong understanding of billing, cash application, collection procedures and workflow enhancements.
- Analytical mindset with the ability to leverage data for strategic decision-making.
- Detail-oriented and highly organized with the ability to manage multiple tasks efficiently.
- Excellent interpersonal, oral, written communication, organizational, problem-solving and time management skills.
- Prolonged periods sitting at a desk and working on a computer.
- Must be able to lift up to 15 pounds at times.
- Competitive Pay Rates, paid EVERY Friday
- Opportunities for Advancement
- Paid Time Off (PTO) – Start accruing on Day 1!
- Comprehensive Benefits Package available 1st of the month after 30 days, including: Health, Dental, and Vision Insurance
- Employee Assistance Program (EAP)
- Life Insurance and AD&D
- Company-Paid Basic Life Insurance for ALL Employees
- Educational Assistance
- 401(k) after 90 days