Revenue Cycle Manager
About the Role
The Revenue Cycle Manager is responsible for overseeing timely follow-up and collection of third-party payer receivables to ensure maximum reimbursement and minimal aging of accounts. This role supervises billers, collectors, and financial counselors; serves as the primary liaison between the facility and third-party payers; and supports month-end close processes.
Responsibilities
- Reviewing and troubleshooting accounts
- Processing and submitting weekly and monthly reports
- Preparing required logs
- Training and supporting staff
- Ensuring adherence to departmental, facility, and corporate policies
Required Skills & Knowledge
- Knowledge of hospital billing and collection workflows, including third-party payer follow-up
- Knowledge of general ledger accounts and adjustment processes
- Knowledge of report preparation, logs, and reconciliation for month-end close
- Knowledge of computer systems and software applications, including basic MS Excel
- Skill in organizing, supervising, and prioritizing workloads to meet strict deadlines
- Skill in reviewing staff work and recommending performance improvements
- Ability to communicate effectively with patients, staff, leadership, and third-party payers
- Ability to demonstrate tact, professionalism, resourcefulness, patience, and dedication
- Ability to accept direction and adhere to facility, departmental, and corporate policies and procedures
- Ability to maintain confidentiality of employee and patient information
- Ability to adapt communication and service delivery to various patient age groups (adult and geriatric)
- Ability to work effectively in a fast-paced, deadline-driven environment
- Ability to meet reporting and month-end close timelines
- Ability to react calmly and effectively when resolving issues or addressing urgent situations
Qualifications
Education: High school graduate or equivalent preferred.
Experience: A minimum of two (2) years of collection experience in a healthcare setting is required, or any combination of education, training, or experience in a business office environment. Hospital experience highly preferred. Working knowledge and understanding of insurance rules and regulations is needed. Basic familiarity with MS Excel.
Additional Requirements: Excellent communication skills and a professional demeanor is needed. Detail oriented and possessing strong time management skills is necessary in order to manage multiple priorities in a fast-paced environment. May be required to work occasional overtime and flexible hours. Weekend/holiday work will be required if the first day of the month falls on a Saturday or Sunday.
Benefits
- Monthly bonus eligible
- 401(k) + matching
- Health Insurance
- 100% company-paid life insurance coverage up to 2x your annual salary
- Vision insurance
- Dental insurance
- 100% company-paid long term disability insurance
- Paid time off
- Paid holidays
- Cafeteria on site + discounted meals
- Employee engagement events
- Employee assistance program
- Employee recognition program
- Free parking
- Career & training development opportunities
- Dynamic and inclusive work environment
- Engaged management team dedicated to your success
- A guiding mission and set of values that serve as both our northstar and yours, anchoring our collective purpose and aspirations
Pay
This is a full-time role and the expected compensation range for this role is $65,000.00 - $75,000.00, plus bonus eligible. Consideration will be provided to experience and skill level.