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HFC Management, Inc.
Lima, OH | Full Time
$86k-119k (estimate)
2 Weeks Ago
Revenue Cycle Manager
$86k-119k (estimate)
Full Time 2 Weeks Ago
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HFC Management, Inc. is Hiring a Revenue Cycle Manager Near Lima, OH

Position Summary:

Revenue Cycle Manager is responsible for overseeing the overall policies and objectives of the HCF’s Family of Companies revenue cycle activities, including pricing, billing, third party payer relationships, collections, denials, and reimbursement rates, while monitoring adherence to HCF’s policies/procedures, to optimize cash flow and financial performance.

Position Responsibilities:

* Follow HCF Policies and Procedures
* Oversee and manage the operations of the billing department.
* Review, design, and maintain policies and procedures regarding pricing, billing, collections, and other financial analysis as needed.
* Ensure all billing operations are conducted in compliance with federal, state, and payer regulations, guidelines, and requirements.
* Plan and direct patient insurance documentation, coding, billing, and data processing to ensure accurate and efficient billing and account collection.
* Analyze billing and claims for accuracy and completeness before submission to Medicare, Medicaid, and insurance entities.
* Work in collaboration with Collections Manager, and Denials Team to follow up on outstanding accounts.
* Track and report metrics related to coding error rates, billing turnaround times, and DSO (Days Sales Outstanding)
* Maintain open communication lines with Collections Manager, Regional Directors of Operations, Business Office Managers, and Administrators on significant dollar amount accounts.
* Work in collaboration with the Compliance Department to manage relations with payers and providers to generate high reimbursement rates and low levels of denials.
* Auditing current processes and procedures to monitor and improve efficiency of billing operations.
* Perform other duties as assigned.

Knowledge, Skills and Abilities: Must hold a Bachelor’s Degree in Business, Accounting, or a related discipline and/or have previous Revenue Cycle experience in long-term care. A thorough understanding of and experience with Long-term Health Care billing processes and strong organizational, computer, and time management skills are required.

Benefits for the Manager of Revenue Cycle Manager:

Promotion opportunities
Flexibility 
Education/Learning 
Competitive benefit package

What we look for in a Revenue Manager:

Experience – If you’ve had a job or experience in a position with similar goals and responsibilities, we’d love to connect with you.
Skills – We’re looking for individuals that are compassionate, team players, social, trustworthy and service-minded.
Characteristics – We’re looking for individuals that are self-motivated, dependable, ethical, and ready to jump in and provide outstanding care and customer service to our residents.

The Company

Our Core Values, better known as We Care is that each and every employee in the organization is held to standards of Wholeheartedness, Excellence, Collaboration, Accountability, Respect, and being Ethical. Whether you work for HCF or become a resident of HCF, we can promise you one thing; we will treat you like family!

Job Summary

JOB TYPE

Full Time

SALARY

$86k-119k (estimate)

POST DATE

05/31/2024

EXPIRATION DATE

07/30/2024

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HFC Management, Inc.
Full Time
$48k-65k (estimate)
1 Week Ago

The job skills required for Revenue Cycle Manager include Billing, Customer Service, Accounting, Pricing, Collaboration, Time Management, etc. Having related job skills and expertise will give you an advantage when applying to be a Revenue Cycle Manager. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Revenue Cycle Manager. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Revenue Cycle Manager positions, which can be used as a reference in future career path planning. As a Revenue Cycle Manager, it can be promoted into senior positions as a Revenue Cycle Director that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Revenue Cycle Manager. You can explore the career advancement for a Revenue Cycle Manager below and select your interested title to get hiring information.

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If you are interested in becoming a Revenue Cycle Manager, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Revenue Cycle Manager for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Revenue Cycle Manager job description and responsibilities

Revenue Cycle Manager helps to ensure transparency, alleviate patients’ financial stress, collect earlier, and accelerate reimbursement in a healthcare facility.

03/17/2022: New Britain, CT

Perform a revenue cycle claims tracing analysis.

04/03/2022: Grand Rapids, MI

Ensure Timely and Accurate revenue documentation.

02/12/2022: New Brunswick, NJ

Align their roles to the organization’s business or strategic plan.

04/18/2022: Long Beach, CA

Evaluate the effects of price, length of stay, demand, and availability controls on revenue.

01/31/2022: Benton Harbor, MI

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Revenue Cycle Manager jobs

An organization can purchase data analytics software and use dashboards to set and monitor revenue goals.

01/23/2022: Bergenfield, NJ

The revenue cycle begins when the patient makes the appointment and ends with successful payment collection.

03/31/2022: Helena, MT

Poor quality data and future revenue cycle complications can occur without the ability to streamline the digital workflow.

02/26/2022: Augusta, GA

Establish performance standards.

03/27/2022: Lawrence, MA

Generate the actionable data that allows health system leaders to understand financials at a nuanced level, promoting effective processes that lead to financial sustainability and optimum revenue cycle management.

03/21/2022: Corpus Christi, TX

Step 3: View the best colleges and universities for Revenue Cycle Manager.

Florida Southern College
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University of Notre Dame
Western Washington University
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