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)
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Department: IT / Clinical Informatics and Information Systems
Hours: Fulltime 1.0 FTE, Monday - Friday Day Shift
Description:
Position Overview:
The Revenue Cycle IT Analyst troubleshoots, analyzes, develops, and maintains Meditech Expanse Revenue Cycle applications and procedures. The Revenue Cycle IT Analyst focuses on supporting Revenue Cycle applications and is the key technical liaison to Revenue Cycle departments including HIM, Billing, General Financials, Fixed Assets and Materials Management.
Essential Job Functions:
Minimum Education and/or Experience Required:
Additional Qualifications:
Licensure/Certification Required:
None
Physical/Cognitive Requirements:
Environmental Factors:
Organizational Relationships:
Reports to: Chief Information Officer
Employees supervised: None
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