Director Of Revenue Cycle Management

in Healthcare + Life Sciences
  • Mahwah, New Jersey View on Map
  • Salary: $90,000.00 - $105,000.00
Permanent

Job Detail

  • Experience Level Director
  • Degree Type Bachelor of Science (BS)
  • Employment Full Time
  • Working Type Remote
  • Job Reference 0000014621
  • Salary Type Annually
  • Industry Healthcare
  • Selling Points

    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.

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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