Revenue Cycle Director directs and oversees the overall policies, objectives, and initiatives of an organization's revenue cycle activities to optimize the patient financial interaction along the care continuum. Reviews, designs, and implements processes surrounding admissions, pricing, billing, third party payer relationships, compliance, collections, and other financial analyses to ensure that clinical revenue cycle is effective and properly utilized. Being a Revenue Cycle Director tracks numerous metrics related to the patient engagement cycle including record coding error rates and billing turnaround times to develop sound revenue cycle analysis and reporting. Manages relations with payers and providers to generate high reimbursement rates and a low level of denials. Additionally, Revenue Cycle Director requires a bachelor's degree. Typically reports to top management. The Revenue Cycle Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be a Revenue Cycle Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2024 Salary.com)
Position Summary:
The Revenue Cycle Specialist provides direct revenue cycle support to assigned regional/business entity. This includes analyzing reports and data associated with revenue cycle performance to identify areas of improvement related to people process or technology. On site face to face interaction with resources involved in revenue cycle tasks to ensure resources have knowledge of process and expectation; coordinating training as needed; act as advocate for process or system change to improve revenue cycle performance.
Job Duties and Responsibilities
Minimum Qualifications:
Job Type: Full-time
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Ability to Relocate:
Work Location: In person
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