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)
Job Summary:
The Director of Billing is a key member of our organization, responsible for overseeing and optimizing all aspects of our billing operations. This role entails managing the Billing Department, ensuring compliance with Medicaid regulations, analyzing commercial contracts, and maintaining revenue cycle policies and procedures. Additionally, the Director of Billing is tasked with hiring, training, and retaining a skilled team of Revenue Cycle Specialists. This position reports to the Chief Operating Officer (COO) and collaborates closely with the Controller to reconcile cash collections and front desk functions.
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Billing Responsibilities:
Payment Posting:
Revenue Cycle Reports:
*Note: Key responsibilities are examples, and not all duties may be listed. Duties are subject to change based on business needs.
Job Type: Full-time
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Work Location: In person
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