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Job Description
This is a remote position.
About the Role
HerMD is seeking a full time Revenue Cycle Specialist to be respon sible for medical billing oversight, employee and patient questions related to insurance and billing, and serves as the primary escalation point for outsourcing partner(s) regarding billing, payment posting, A / R follow-up for healthcare claims, and timely resolution of patient balances.
The Revenue Cycle Specialist ultimately reports to the Chief Financial Officer.
Responsibilities
Prepare medical bills, review service charges, and verify patient insurance.
Identify, build, and maintain billing and claim edits to ensure accurate claim submission.
Serve as escalation point for outsourcing partner(s) in order to quickly and accurately respond to billing questions, payment posting, and A / R resolution.
Collaborating with patients to ensure patient responsibility is remitted timely, including setting up payment plans for outstanding balances.
Address revenue cycle-related correspondence and work with payers to convert to electronic communications, including new EDI enrollments.
Perform regular chart and claim audits to ensure compliance with billing and coding best practices.
Assist in root cause analysis and resolution to minimize denials.
Reconcile patient balances and generate regular patient statements.
Work pre-collections reports and assist with internal collections efforts as needed.
Assist with additional tasks as needed, including point-of-sale entries, processing patient payments, posting of contractual and other adjustments, managing existing patient payment plans, and financial reconciliation process.
Requirements
Required :
Preferred :
Benefits
Benefits
401(k) Safe Harbor Match Plan
Health, Dental and Vision insurance
Voluntary Short Term Disability (STD) and Long Term Disability (LTD)
Life Insurance
Paid Time Off (PTO) and Paid Holidays
Requirements
Required : 5 years of medical billing experience, Gynecology preferred Experience in patient-facing interactions (e.g., customer service, scheduling / registration, or billing) Preferred : Surgical coding experience Experience in multiple EMRs and Practice Management systems
Last updated : 2024-05-17
Full Time
$61k-81k (estimate)
05/18/2024
08/17/2024
hermdhealth.com
Cincinnati, OH
The job skills required for Revenue cycle specialist include Billing, Customer Service, Medical Billing, Practice Management, Scheduling, etc. Having related job skills and expertise will give you an advantage when applying to be a Revenue cycle specialist. 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 specialist. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Revenue cycle specialist positions, which can be used as a reference in future career path planning. As a Revenue cycle specialist, it can be promoted into senior positions as a Revenue Cycle Manager that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Revenue cycle specialist. You can explore the career advancement for a Revenue cycle specialist below and select your interested title to get hiring information.
If you are interested in becoming a Revenue Cycle Specialist, 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 Specialist for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Revenue Cycle Specialist job description and responsibilities
A revenue cycle specialist oversees crucial financial tasks, specifically payment and collections, within a healthcare organization such as a hospital or clinic.
04/03/2022: Binghamton, NY
There are plenty of departments charged with making sure these things happen, but only a revenue cycle specialist oversees all of those departments.
02/26/2022: Saginaw, MI
Most revenue cycle specialist offer services like follow-up calls, past-due billing, and collections management.
03/27/2022: Madison, WI
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 Specialist jobs
A certified revenue cycle specialist (CRCS) has passed an exam administered by the American Association of Health Care Administrative Management (AAHAM).
04/06/2022: Laramie, WY
Find out what a revenue cycle specialist does and how to become one.
04/11/2022: Springfield, MA
Step 3: View the best colleges and universities for Revenue Cycle Specialist.