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Revenue Cycle Manager
Oak Park Place Madison, WI
$90k-124k (estimate)
Full Time | Skilled Nursing Services & Residential Care 1 Month Ago
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Oak Park Place is Hiring a Revenue Cycle Manager Near Madison, WI

Do you find joy in helping others? Are you looking for a fun rewarding career? At Oak Park Place, our goal is to Share our GIFTS to enhance the lives of those we serve. If this sounds like your calling, we want to talk to you. Share your gifts and make a difference in the lives of seniors every day. Oak Park Place is hiring! As a smaller company, we cater to our resident’s needs, and take pride in providing an employee friendly work environment

We are currently looking for an Revenue Cycle Manager. The Revenue Cycle manager is responsible for the oversight of the business office, including billing, claims, and collections. This position provides direct supervision of the Billing and Collections departments. The Revenue Cycle Manager is responsible for improving and maintaining the integrity of patient billing and reimbursement, along with collections through continuous improvement of intradepartmental communication.

Essential Job Functions:

  • Plan, implement, evaluate, and administer all Business Office strategies and processes, including claims submissions, payment posting, and denial management, accounts receivable collections, and reporting
  • Responsible for the supervision, coordination, and evaluation of Billing and Collection department staff.
  • Collaborate regularly with other departments to connect and align activities, goals, and outcomes across multiple communities, teams, and departments as it pertains to billing, follow-up, and cash collections.
  • Ensure billing and coding for all current and new services are accurate, consistent, and maximize revenue opportunities'.
  • Evaluate, report on, and improve results after implementation of new services or payers.
  • Develop and implement policies and procedures within company guidelines for billing, collection, and reimbursement functions
  • Report and resolve payment and system issues with a strong sense of urgency, escalating if needed and putting processes into place to prevent similar future issues.
  • Develop and report on key performance indicators to ensure continuous measurement, monitoring, and improvement within the Business Office functions.
  • Monitor, respond to, and communicate changes in billing requirements, regulations, and reimbursement rates, and maintain provider enrollments with payers.
  • Ensure compliance with federal, state, and HIPAA privacy and security regulations as well as with terms of payer contracts.

Revenue Cycle Manager Qualifications:

  • This position requires a Bachelor's Degree in a general business area or Information Technology
  • A minimum of 2 years of healthcare/medical billing experience is required
  • Certified Coder Certificate strongly preferred
  • EHR and/or billing software experience required, previous experience with PCC is a plus
  • Ability to communicate both verbally and in written format, effectively and efficiently in the job is a must.

What's in it for you:

  • Competitive pay and benefit package including health, dental and vision
  • Company-paid LTD, AD&D and life insurance
  • Excellent paid time off package
  • 401K

Job Type: Full-time

Benefits:

  • 401(k)
  • 401(k) matching
  • Dental insurance
  • Employee assistance program
  • Flexible schedule
  • Flexible spending account
  • Health insurance
  • Health savings account
  • Life insurance
  • Paid time off
  • Vision insurance

Schedule:

  • 8 hour shift
  • Monday to Friday

Ability to Relocate:

  • Madison, WI 53718: Relocate before starting work (Required)

Work Location: In person

Job Summary

JOB TYPE

Full Time

INDUSTRY

Skilled Nursing Services & Residential Care

SALARY

$90k-124k (estimate)

POST DATE

05/03/2024

EXPIRATION DATE

08/30/2024

WEBSITE

oakparkplace.com

HEADQUARTERS

ALBERT LEA, MN

SIZE

<25

FOUNDED

2011

CEO

MARYANN SHLAAK

REVENUE

$10M - $50M

INDUSTRY

Skilled Nursing Services & Residential Care

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About Oak Park Place

Welcome to the communities of Oak Park Place, offering options beyond traditional senior living for the lifestyle you deserve. Imagine a continuum of amenities and services that support a carefree, independent way of life for residents now and in the future. Visit one of our communities and experience the Oak Park Place difference.

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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.

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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.

Florida Southern College
Colby College
Dartmouth College
University of Notre Dame
Western Washington University
Canisius College