drjobs Revenue Cycle Management Specialist (Full-Time) - Wesley Willows

Revenue Cycle Management Specialist (Full-Time) - Wesley Willows

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1 Vacancy
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Job Location drjobs

Rockford, IL - USA

Yearly Salary drjobs

$ 48500 - 50000

Vacancy

1 Vacancy

Job Description

Department: Accounting
FLSA/ Classification: Salary/Exempt
Salary Range: $48500 $50000/year based on experience and other factors
Reports to: Controller
Direct Reports: N/A

Summary:

The Revenue Cycle Management Specialist (RCMS) is a midlevel nonmanagerial role with strong organizational skills focused on resident admissions private billing and payment collection. The RCMS has a thorough understanding of medical billing codes insurance policies and healthcare regulations. This individual will require strong communication skills to coordinate with outside consultants to tackle Medicare/Medicaid claims and decrease the number of denials to increase revenues.

Essential Duties and Responsibilities include but are not limited to:

Billing and Claims Processing

  • Daily admission updates management to ensure accurate billing at monthend.
  • Processing of various charges and adjustments.
  • Accurate and timely billing of private pay patients.
  • Medicare/Medicaid: Coordinate with outside consultants to ensure accurate billing submission of insurance claims and verifying patient eligibility and benefits.
    • Review claim denials identify errors correct them and resubmit claims.
    • Posting payments in a timely manner.

Payment and Collections

  • Tracking and applying payments received.
  • Follow up on aging balances and work with patients to arrange payment plans or options.

Data Analysis and Reporting

  • Analyze revenue cycle data at month end to keep track of possible writeoffs monthly collection amount monthovermonth comparison variances and areas of improvement.

Additional Duties

  • Constant communication with residents with questions on their statement and or charges.
  • Ensuring all residents information is accurate (demographics insurance mailing address etc.)
  • Continue improvement of current processes to reduce time and increase accuracy.
  • Other duties as assigned.

Performance Measurements:

  • Job Knowledge
  • Data Accuracy
  • Customer Service
  • Initiative
  • Communication
  • Resident Satisfaction
  • Teamwork
  • Safety

Minimum Education/Skills/Experience/Credentials:

  • Associate degree required; bachelors degree preferred
  • Strong attention to detail.
  • Proficiency in PointClick Care Sage and Microsoft 365.
  • Effective communication skills and customer service.
  • Excellent analytical and problemsolving skills.
  • 3 years of accounting experience with 12 years in healthcare accounting/billing highly desired.

Physical Requirements:

  • Ability to sit for extended periods: Accountants typically work at a desk so candidates must be comfortable sitting for long hours while reviewing financial records preparing reports and performing data analysis.
  • Manual dexterity: The role may involve typing on a computer for long periods as well as using office equipment such as calculators and copiers.
  • Vision: Must have the ability to read financial documents and use computers/screens for extended periods requiring good vision or vision correction.
  • Occasional lifting: Ability to lift and carry office supplies (up to 20 lbs) as needed for file storage or moving materials.
  • Work in a standard office environment: The position is typically based in an office setting with typical office conditions such as lighting temperature and noise.

Other regulated requirements:

  • Must be willing to undergo a preemployment background check including (MVR) moving vehicle records
  • Must be willing to undergo preemployment drug screening
  • Must be willing to undergo biometric screening.

Benefits we offer:

  • PTO
  • 403b with employer match after 6 months
  • Medical coverage with employer contribution
  • EmployerPaid Life Insurance
  • Dental and Vision
  • Variety of voluntary benefit elections
  • Reasonably priced meals
  • Employee referral bonus program
  • Tuition Reimbursement
  • Much More!

Wesley Willows and its affiliates are an Equal Opportunity Employer

Wesley Willows and its affiliates operates Drug & Alcoholfree campuses


Required Experience:

Unclear Seniority

Employment Type

Full-Time

Company Industry

Department / Functional Area

Accounting

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