Revenue Cycle Manager
Revenue Cycle Manager
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1 Vacancy
Job Description
Chrysalis Psychiatry is a growing outpatient mental health practice in Albuquerque New Mexico. We offer a variety of mental health services including medication management and interventional treatments for PTSD depression and other mental illnesses. We are looking for a highly motivated strategic thinker to join our team as an Revenue Cycle Manager.
The Revenue Cycle Manager is responsible for overseeing and managing all aspects of the revenue cycle process to maximize efficiency and revenue for our organization. This role involves coordinating various functions including billing coding claims processing collections and payment posting to ensure the financial health of the organization. The Manager will also develop and implement strategies to improve revenue cycle performance enhance patient satisfaction and ensure compliance with regulations.
Key Responsibilities:
- Leadership:
- Provide leadership and direction to the revenue cycle team.
- Recruit train and develop team members to ensure high performance and professional growth.
- Conduct regular performance evaluations and provide feedback and coaching to team members.
- Revenue Cycle Optimization:
- Develop and implement strategies to improve revenue cycle processes and increase efficiency.
- Monitor key performance indicators (KPIs) and develop action plans to address areas of improvement.
- Utilize data analytics to identify trends issues and opportunities for revenue enhancement.
- Billing and Coding:
- Oversee the billing and coding processes to ensure accurate and timely submission of claims.
- Ensure compliance with coding guidelines payer requirements and regulatory standards.
- Collaborate with clinical departments to resolve coding and documentation issues.
- Claims Management:
- Manage the claims submission process including electronic and paper claims.
- Monitor claim denials and rejections and develop strategies to reduce denial rates.
- Work with payers to resolve claim issues and ensure timely reimbursement.
- Collections and Payment Posting:
- Oversee the collections process to ensure timely and accurate patient payments.
- Develop and implement policies and procedures for payment posting and reconciliation.
- Manage patient accounts and resolve billing inquiries and disputes.
- Compliance and Regulations:
- Ensure compliance with federal state and local regulations including HIPAA and other healthcare laws.
- Stay updated on changes in healthcare regulations and payer requirements.
- Implement and enforce policies and procedures to maintain compliance.
- Reporting and Analytics:
- Prepare and present regular reports on revenue cycle performance to senior management.
- Utilize data analytics to identify trends issues and opportunities for improvement.
- Develop and implement dashboards and other tools to monitor revenue cycle metrics.
- All Other Duties as Assigned
Qualifications:
- Bachelors degree in Healthcare Administration Business Administration Finance or related field.
- Minimum of 4 years of experience in revenue cycle management with at least 2 years in a supervisory or managerial role.
- Strong knowledge of healthcare billing coding claims processing and collections.
- Familiarity with healthcare regulations including HIPAA and payer requirements.
- Proficiency in revenue cycle management software and electronic health record (EHR) systems.
- Excellent leadership communication and interpersonal skills.
- Strong analytical and problem-solving abilities.
Compensation and Benefits:
- $78000 annual salary
- Competitive salary with performance-based incentives
- Medical dental and vision insurance
- 401K matching retirement plan
- Paid time off and holidays
Contact Haley Waggerman Director of People to apply or for more information. Email: Phone: Website: Apply: Experience:
Manager
Employment Type
Full-Time
