What are the responsibilities and job description for the Revenue Cycle Management Specialist position at Ascent Health?
About Us
Ascent Health is a leading provider of behavioral healthcare, specializing in outpatient mental health and substance use treatment for adults across diverse socioeconomic backgrounds. We are committed to delivering high-quality, evidence-based care, while fostering strong relationships with external collaborators and supporting our patients through every step of their treatment journey.
Position Overview
The Revenue Cycle Management Specialist (RCMS) supports the financial health of the company by ensuring the fulfillment of targeted claim processing and revenue capture benchmarks. Achievement of the identified benchmarks requires candidates occupying this role to develop and maintain a comprehensive knowledge of the full process involved in transitioning the patient encounter experience to organizational sustainability. The RCMS is essential in assuring that the resources necessary to continue patient care are regularly obtained. This involves the successful navigation of multiple systems containing patient’s protected health information, verification of third-party funding eligibility / authorization, management of claim statuses, intervening to affect positive claim outcomes, and reconciliation of claim processing activities with financial remittance reports.
Duties/Responsibilities
- Oversee the submission of accurate and timely claims to payers, ensuring compliance with regulatory and contractual guidelines.
- Review and correct claim errors to minimize denials and rejections.
- Monitor claim status and follow up on unpaid or denied claims.
- Investigate discrepancies and coordinate with payers and internal teams to resolve issues.
- Prepare and submit appeals with supporting documentation as needed.
- Stay updated on state and federal billing regulations (e.g., Medicare, Medicaid, HIPAA).
- Ensure coding compliance (ICD-10, CPT, HCPCS) and proper documentation to support claims.
- Utilize electronic health record (EHR) and practice management systems for billing and collections.
- Implement process automation and technology to enhance efficiency and accuracy.
- Ensure data security and privacy compliance.
Required Skills
- Proficiency in medical billing and coding (ICD-10, CPT, HCPCS).
- Strong understanding of insurance processes, claim submission, and reimbursement policies (Medicare, Medicaid, commercial payers).
- Knowledge of electronic health records (EHR), practice management systems, and billing software (e.g., Mindbody, Healthcloud, etc).
- Familiarity with HIPAA compliance and healthcare regulations.
- Experience with denial management and appeals.
- Ability to analyze accounts receivable (A/R) reports and identify trends in denials, payments, and outstanding claims.
- Strong investigative and problem-solving skills to resolve claim issues and payment discrepancies.
- Detail-oriented with a high level of accuracy in financial reconciliation and claim processing.
- Understanding of revenue cycle KPIs and financial performance metrics.
Additional Benefits
Ikon and/or Epic passes will be included as a part of employment!
Schedule
Wednesday through Sunday, 10:00 AM to 7:00 PM
Locations
This role is in person at our office located in Breckenridge, CO.
Requirements/Qualifications
- Preferred: Prior experience in RCM work, claim processing, billing, denial management, etc.
- Ability to utilize technology at a high level
- Reliable transportation.
Job Type
- Full-time
Compensation
- $24.04/hour
This job description is not intended to be all-inclusive and does not constitute a written or implied contract of employment. The employee may be required to perform other reasonably related duties as assigned by the supervisor or other management personnel.
Work Location: In person
Job Type: Full-time
Pay: $24.04 per hour
Expected hours: 40 per week
Benefits:
- 401(k)
- Dental insurance
- Health insurance
- Paid time off
- Vision insurance
Schedule:
- 8 hour shift
Work Location: In person
Salary : $24