What are the responsibilities and job description for the Revenue Cycle Specialist position at Cottage Hospital?
Ready to Join Our Team?
Are you an experienced healthcare professional with a passion for optimizing revenue processes? Cottage Hospital is seeking aRevenue Cycle Specialistto support our Revenue Cycle Management team. With opportunities to analyze data, resolve claims, and drive improvements, this role is perfect for detail-oriented individuals eager to make a difference. If you meet the qualifications and are ready to contribute to a team committed to excellence, apply today!
Job Summary:
The Revenue Cycle Specialist provides direct support to the Revenue Cycle Management Director to ensure revenue capture integrity. Works closely with Patient Financial Services and Health Information Management/Coding teams. Develops reporting and dashboards to measure and enhance operational performance. Researches denials from all commercial and governmental payors.
Duties and Responsibilities:
- Improve billing & collection processes and identify points of failure and appropriate course of actions with Revenue Cycle Management Director
- Monitor and analyze revenue cycle metrics to find ways to improve
- Prepare and analyze financial reports for the Patient Financial Services Manager & Revenue Cycle Management Director
- Monitor and identify potential loss or delay in revenue to ensure maximum reimbursement. Seek and suggest solutions to maximize revenue capture & reimbursement
- Monitor EHR work que's, identify and communicate trends
- Resolve claim denials and work with insurance companies as needed
- Enter Service Requests with EHR vendor and follow through to resolution
- Exhibit strong written and verbal communication skills
- Stay up to date on healthcare regulations and inform Revenue Cycle Management Director
- Special projects and other tasks as needed
Qualifications
Education
Required
Preferred Associates
Licenses & Certifications
Required