What are the responsibilities and job description for the Revenue Cycle Management Consultant 14317-5 position at LBMC Strategic Staffing (A)?
Our client, a gastroenterology MSO, is seeking an interim RCM contractor is needed to support Revenue Cycle Management (RCM) operations within the company. This role is crucial for ensuring the efficient processing of patient billing, claims management, and payment collections.
Summary of duties:
- Oversee the billing process: Ensure all invoices are accurately generated and sent out on time.
- EMR data management: Maintain and manage patient billing data within EMR systems for accuracy and completeness.
- Billing configuration: Customize billing settings in EMR to align with organizational policies and procedures.
- Patient account reconciliation: Resolve discrepancies and reconcile patient accounts using data from EMR.
- Revenue cycle monitoring: Identify and address any issues within the EMR that may impact billing, revenue recognition, or cash collection.
- Partner with Data Marshall: Collaborate on cash collection and reconciliation issues, ensuring timely cash posting.
- Manage month-end close processes: Complete month-end activities accurately and on time, including revenue recognition and financial reporting.
- Cash Forecast: Utilize billing and cash collection data to provide cash collection projections and various credit agreement metrics.
- Revenue analysis and reporting: Analyze revenue trends and prepare detailed reports to support financial decision-making.
- Training and support: Document roles and tasks for transition to new hires and provide training on EMRs for billing and revenue management.
- Support for 2024 Financial Audit: Assist with revenue-related needs of auditors.
Work arrangement:hybrid preferred but will send fully remote
Duration:3-5 months
Schedule:hours emphasis during month-end close (business day (2) to business day 4). Likely fractional hours during non-month-end this needs to be defined.
- At least 10 years of healthcare revenue cycle management experience
- Experience working with RCM systems like G-Gastro EMR, EPIC and ECW
- ability to work heavy hours during month-end and flexibility to work few hours during the remainder of the month