Drive impactful revenue cycle management strategies in a dynamic behavioral health organization. Lead a dedicated team, optimize processes, and ensure compliance with industry standards. Enhance your expertise in high-volume claims management and reimbursement strategies. Contribute to organizational success while fostering professional growth and development.
Director Of Revenue Cycle Management
in Healthcare + Life Sciences PermanentJob Detail
Job Description
Overview
- Lead revenue cycle management operations for a behavioral health organization, ensuring efficient processes and compliance with industry standards.
- Manage a team of 10 professionals, fostering collaboration and productivity within the department.
- Oversee high-volume claims processing, approximately 10,000 monthly, ensuring accuracy and timely submission.
- Develop strategies to minimize bad debt and enhance cash flow for the organization.
- Ensure compliance with contracts and fee schedules, updating them quarterly as required.
- Provide leadership in resolving reimbursement issues and addressing problematic denials effectively.
- Support employee relations processes, including hiring, onboarding, and performance management.
- Participate in industry conferences and webinars to stay updated on best practices and trends.
Key Responsibilities & Duties
- Supervise and mentor a team of 10-12 staff members in the billing department.
- Organize and assign work to meet departmental deadlines and objectives.
- Ensure proper cross-training and education of staff for effective coverage during emergencies.
- Conduct monthly reviews of accounts receivable, credits, adjustments, and retractions.
- Address reimbursement issues and problematic denials promptly and effectively.
- Structure payment agreements for patients with out-of-pocket expenses.
- Ensure proper staffing levels by adhering to PTO approval guidelines.
- Provide advanced notice to staff regarding changes, projects, and important timelines.
Job Requirements
- Bachelor's degree required; Master's degree preferred.
- Minimum of 3 years of experience in revenue cycle management; 5 years preferred.
- Certified Professional Coder (CPC) certification preferred.
- Experience in behavioral health claims processing is advantageous.
- Proficiency in managing high-volume claims and accounts receivable processes.
- Strong leadership and decision-making skills to manage departmental operations.
- Ability to participate in industry conferences and webinars for professional development.
- Excellent communication and organizational skills to ensure departmental efficiency.
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