Revenue Cycle Director
Revenue Cycle Director
Posted on :
05-04-2025
Employer Active
1 Vacancy
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Monthly Salary
$ 81000 - 85000
Vacancy
1 Vacancy
Posted on :
05-04-2025
Job Description
Description
Location: Middletown NY
OnSite Position
Hours: MondayFriday 8:00am4:30pm 40hrs)
Pay Rate: $81000$85000
Employment Type: Exempt.
OVERVIEW OF PRIMARY RESPONSIBILITES:
The Revenue Cycle Director is responsible for the daytoday management of billing payment posting collections and verification/authorizations. Qualified candidates will possess supervisory experience with the ability to perform and write formal staff evaluations provide feedback and offer mentoring opportunities to allow staff to grow and achieve agency outcomes. In addition candidates will have indepth knowledge of Medicare Medicaid Medicaid Managed Care and Commercial Insurance billing processes particularly for NYS behavioral health services
PRIMARY FUNCTIONS:
Responsible for oversight of billing team of up to 8 staff
Supervisory position in charge of maintaining billing systems insurance verification/authorization management directing billing and collections
Clear understanding and working knowledge of claims processing payer denials and appeals processes
Preparation of recurring and adjusting journal entries within areas of responsibility.
Completes financial analysis for audits and performs monthly and yearend receivables and income analysis to ensure revenue is maximized advising on corrective actions and implementation plans.
Monitors and evaluates work productivity standards including identified Key Performance Indicators of billing team and individual staff for total revenue collection rates days receivables outstanding and claim denials; supervise coach and take necessary action to facilitate achievement of performance targets
Proactively reviews payeraging reports and establishes achievable goals for accounts receivable reduction and/or cash acceleration. Notifies leaders of potential systemic issues and high risk/high exposure situations. Recommends and implements solutions for resolving aging receivables
Understands and can effectively backup any position within the Billing Finance unit for which they supervise. Develops crosstraining plans for staff to accommodate times of vacancy/absence
Maintains billing and accounts receivable guidelines by writing and updating policies and procedures including recommends changes to departmental procedures and workflow to promote process improvements.
Compiles and distributes to leaders analytical reports weekly biweekly and monthly on productivity billing collections denials and writeoffs for monitoring operations and updating financial systems
Complies with federal state and local legal requirements by understanding existing and new legislation; enforcing adherence to requirements; advising management on needed actions.
Possess intermediate computer skills which include knowledge of word processor spreadsheet and database software and file maintenance. Responsible to create and design useful spreadsheets & databases independently and utilizes skills to assist and train others.
Write formal staff evaluations provide feedback to the staff and offer mentoring opportunities to allow staff to grow and achieve agency outcomes.
Responsible for communicating effectively with staff and leaders on a consistent basis
QUALIFICATIONS AND ATTRIBUTES:
5 years of experience in healthcare revenue cycle management and/or medical billing processes including knowledge of ICD10 CPT and HCPCS codes required
5 years of progressive related supervisory experience required
Experience with Electronic Health Record (EHR) systems Medical Billing Clearinghouses
Applicants will possess intermediate computer skills with demonstrated strengths in Excel and database software
Applicants must have strong problem solving and analytical skills
Applicants must be able to lead and work effectively in a team environment and independently when necessary
EDUCATION AND EXPERIENCE:
Minimum of Associates Degree in Accounting Bachelors degree in Accounting is preferred.
PHYSICAL CHARACTERISTICS:
- These physical demands are representative of the physical requirements necessary for an employee to perform the jobs essential functions successfully. Reasonable accommodation can be made to enable people with disabilities to perform the described essential functions of the position which are reviewed in each case.
- Must be capable to sit or stand in front of a computer for longperiods of time
- Able to work in open space floor plan
- Must be capable to move throughout work day and follow people served throughout community
- Work alongside coworkers within 3 feet
- Must be able to move in tight spaces
- Occasional lifting of > 25 pounds
EEO Employer
Required Experience:
Director
Employment Type
Full-Time
Department / Functional Area
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