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Comprehensive Urology offers our coworkers advantages that can’t be found in other clinical workplaces, including:
The opportunity to be part of a large fast-paced company, focused on providing patients with the best possible care.
Comprehensive Urology is an equal-opportunity employer. We embrace diversity and encourage all interested readers to apply.
The Revenue Cycle Manager advises executive-level management and is responsible for overseeing all aspects of the revenue cycle process within the organization. This includes managing billing operations, optimizing revenue collection, ensuring compliance with regulations, and implementing strategies to improve financial performance.
Key Responsibilities:
**Billing Operations Management:**
- Supervise billing staff and ensure accurate and timely submission of claims to insurance companies, government payers, and patients.
- Monitor billing processes to identify and resolve issues such as claim denials, rejections, and underpayments.
- Develop and implement strategies to improve billing accuracy and reduce revenue leakage.
**Revenue Optimization:**
- Analyze revenue trends, payer contracts, and reimbursement rates to identify opportunities for revenue enhancement.
- Implement pricing strategies, fee schedules, and charge capture mechanisms to maximize revenue generation.
- Collaborate with other departments such as coding, compliance, and finance to optimize revenue cycle performance.
**Financial Reporting and Analysis:**
- Generate reports on key performance indicators (KPIs) such as accounts receivable (AR) days, clean claim rate, and collection efficiency.
- Conduct financial analysis to identify areas of improvement and recommend actionable solutions to senior management.
- Monitor revenue cycle metrics to track progress toward goals and objectives.
**Compliance and Regulatory Compliance:**
- Stay updated on healthcare regulations, payer policies, and billing guidelines to ensure compliance with industry standards.
- Develop and maintain policies and procedures related to revenue cycle management following regulatory requirements.
- Conduct periodic audits and reviews to assess compliance and mitigate risks.
**Staff Training and Development:**
- Provide training and education to billing staff on coding updates, billing regulations, and revenue cycle best practices.
- Foster a culture of continuous learning and professional development within the revenue cycle team.
- Conduct performance evaluations and provide feedback to staff to support their growth and development.
**Qualifications:**
- Bachelor's degree in Healthcare Administration, Business Administration, Finance, or related field. Master's degree preferred.
- At least one year of demonstrated AthenaOne experience
- At least 5 years of experience in revenue cycle management, preferably in a healthcare setting.
- In-depth knowledge of healthcare billing processes, payer reimbursement methodologies, and regulatory requirements (e.g., HIPAA, Medicare, Medicaid).
- Strong analytical skills with the ability to interpret financial data and identify trends.
- Excellent communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams.
- Proficiency in healthcare billing software and revenue cycle management systems.
- Professional certifications such as Certified Revenue Cycle Professional (CRCP) or Certified Professional Biller (CPB) are a plus.
**Working Conditions:**
- The role typically operates in a professional office environment within a healthcare facility.
- May require occasional travel for meetings, conferences, or training sessions.
Job Type: Full-time
Benefits:
Schedule:
Experience:
Ability to Commute:
Ability to Relocate:
Work Location: In person
Full Time
$92k-127k (estimate)
05/09/2024
05/14/2024
The job skills required for Revenue Cycle Manager include Billing, Analysis, Accounts Receivable, Medical Billing, Pricing, Business Administration, 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.