What are the responsibilities and job description for the Medical Billing and Revenue Cycle Manager position at I Am Boundless, Inc.?
Job Description
Job Description
Summary / Objective
The Manager of Revenue and Reimbursement oversees the revenue cycle, ensuring efficient billing, collections, and financial reporting. This role involves managing a team, optimizing processes, reconciling accounts, and collaborating with internal and external stakeholders to support the organization’s financial health.
Essential Functions
Revenue Cycle Management :
- Manage and oversee all aspects of the revenue cycle to ensure efficiency and compliance.
- Monitor collections to ensure timely and appropriate reimbursement of services delivered.
- Maintain and update reports on unpaid reimbursements, ensuring proper follow-up and regular updates to the Director.
- Oversee month-end close processes, ensuring all services are billed, payments are posted, and accurate revenue entries are submitted to the Finance Team.
- Ensure understanding and efficient setup of processes for new funding sources or revenue streams.
Financial Oversight and Reporting :
Team Leadership and Performance :
Billing and Collections Optimization :
Cross-Functional Collaboration :
Technology and Process Improvement :
Other Responsibilities
Supervisory Duties
This position supervises the Accounts Receivable Supervisors and other assigned department employees.
Education, Skills, Experience and Requirements
Competencies and Attributes
Financial management
Problem solving / analysis
Results driven
Ethical conduct
Technical capacity
Customer / client focus
Detail oriented
Flexibility
Physical Demands / % of time
Lifting and carrying up to 20lbs
Standing and / or walking
Near visual acuity >
Use of electronics (i.e. computer, tablet) >
Manual dexterity >
Use of office equipment (i.e. copier / scanner) >
Sitting >
Verbal communication >
Work Hours : Typically Monday through Friday from 8 am to 4 : 30 pm. Flexibility is expected depending upon work demands, which may require other work hours or more time per day.
Travel Requirements : Travel is rare, but primarily local during the business day, although some out-of-the-area and overnight travel may be expected on occasion.