What are the responsibilities and job description for the Revenue Cycle Manager position at Abacus Investments?
Revenue Cycle Manager for our Recover Now Platform
Abacus Investments is seeking a dedicated professional to join our revenue cycle operations team. This position will ensure the financial health of our facilities while supporting access to quality care.
The Revenue Cycle Manager is responsible for overseeing the financial operations related to patient billing, insurance claims, and collections across our facilities. This role ensures accurate and efficient revenue cycle processes, reduces claim denials, and maximizes reimbursements while maintaining compliance with insurance regulations and industry standards. The manager collaborates with clinical and administrative teams to improve billing workflows, enhance patient financial services, and optimize revenue cycle performance.
Key Responsibilities:
- Work with the revenue cycle team to manage all aspects of the revenue cycle, including insurance billing, claims processing, and payment collections
- Monitor and analyze key revenue cycle metrics
- Ensure compliance with payer-specific regulations
- Oversee insurance verification, pre-authorizations, and patient financial assistance
- Implement process improvements to optimize EHR and billing workflows
Qualifications:
- Bachelor’s degree in Healthcare Administration, Business, Finance, or a related field.
- 3-5 years of experience in revenue cycle management, preferably in a behavioral health setting.
- Strong knowledge of medical billing, coding (CPT, ICD-10, HCPCS), payer regulations, and claims processing.
- Experience with insurance verification, pre-authorizations, and collections.
- Proficiency with EHR systems and revenue cycle management software.
- Excellent analytical, problem-solving, and leadership skills.
Preferred Skills:
- Familiarity with behavioral health billing guidelines and compliance regulations.
- Certification in Medical Billing (e.g., CRCR, CPC, or HFMA certification) is a plus.