Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare with leading businesses and products in diagnostics medical devices nutritionals and branded generic medicines. Our 114000 colleagues serve people in more than 160 countries.
JOB DESCRIPTION:
Working at Abbott
At Abbott you can do work that matters grow and learn care for yourself and family be your true self and live a full life. Youll also have access to:
- Career development with an international company where you can grow the career you dream of.
- Employees can qualify for free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year.
- An excellent retirement savings plan with high employer contribution
- Tuition reimbursement the Freedom 2 Save student debt program and FreeU education benefit - an affordable and convenient path to getting a bachelors degree.
- A company recognized as a great place to work in dozens of countries around the world and named one of the most admired companies in the world by Fortune.
- A company that is recognized as one of the best big companies to work for as well as a best place to work for diversity working mothers female executives and scientists.
The Opportunity
This position works out of our Livermore CA location in the Heart Failure division.
As the Manager Revenue Cycle Management you will lead and manage the companys healthcare cash posting process within Revenue Cycle management team on EMR including leading payor EDI enrollments and lockbox communications. This is a role that will support the company in meeting its financial and strategic goals but must also be comfortable operating in the day-to-day details. Additional responsibilities include recruiting training developing and managing inhouse on-shore off-shore team.
What Youll Work On
- Lead and manage the companys healthcare cash posting and lockbox activities including Medicaid Medicare Managed Care and third-party payors transactions on multiple EMRs and other applications
- Ensure all revenue cycle activities comply with federal state and payer regulations including HIPAA and other applicable standards in cash transactions.
- Lead payment review processes oversee compliance with insurance payment regulations and payer requirements.
- Support organizational audits and financial reviews while upholding the highest standards of ethical practices.
- Lead in terms of setting up EMR systems as well as a strong capacity to implement Payor & Billing cash posting set-up rules and logic within an EMR system. Trouble shoot large 835 transaction related isues.
- Experience in working on any of the EMRs like Brightree Xifin Epic/ Cerner and others
- General ledger maintenance financial analysis reporting and compliant cash posting management consistently
- Strong understanding of healthcare revenue cycle processes payer regulations and compliance requirements. NY CDPAP experience or FMS/self-direction experience in revenue cycle with another vendor or MCO/State Medicaid Agency
- Provide regular updates to executive leadership on revenue cycle performance financial health and KPIs of Revenue Cycle management
- Lead direct evaluate and develop a team of cash posting professionals to ensure accounting activities are completed accurately and on time.
Required Qualifications
Associates Degree in Health Care administration Finance/Accounting or related field. Or equivalent years of experience.
Minimum 7 years in relevant experience
Revenue cycle experience
Cash posting and reconciliation experience
Preferred Qualifications
Preferred HFMA or other Revenue Cycle license or certificate
Masters Degree ( 18 years) MBA CPA CMA
Knowledge of Accounting & Finance
Learn more about our health and wellness benefits which provide the security to help you and your family live full lives:
Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life. Abbott is an
Equal Opportunity Employer committed to employee diversity.
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The base pay for this position is
$112000.00 $224000.00
In specific locations the pay range may vary from the range posted.
JOB FAMILY:
Accounting & Reporting
DIVISION:
HF Heart Failure
LOCATION:
United States > Livermore : 6465 National Drive
ADDITIONAL LOCATIONS:
WORK SHIFT:
Standard
TRAVEL:
Yes 15 % of the Time
MEDICAL SURVEILLANCE:
Not Applicable
SIGNIFICANT WORK ACTIVITIES:
Awkward/forceful/repetitive (arms above shoulder bent wrists) Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day)
Abbott is an Equal Opportunity Employer of Minorities/Women/Individuals with Disabilities/Protected Veterans.
EEO is the Law link - English: EEO is the Law link - Espanol: Experience:
Manager