What are the responsibilities and job description for the Accounts Receivable Manager position at The Center for Orthopedic and Research E?
Job Description
Job Description
At HOPCo , we are dedicated to taking care of you so you can take care of business! Our robust benefits package includes the following :
Competitive Health & Welfare Benefits
Monthly $43 stipend to use toward ancillary benefits
HSA with qualifying HDHP plans with company match
401k plan after 6 months of service with company match (Part-time employees included)
Employee Assistance Program that is available 24 / 7 to provide support
Employee Appreciation Days
Employee Wellness Events
QUALIFICATIONS
High school diploma / GED or equivalent working knowledge preferred.
BA / BS in Business Administration, Accounting, Finance, or equivalent is preferred.
Minimum five years experience in a leadership role within a billing department in healthcare revenue cycle operations.
Prefer experience working with multiple physician specialties.
Previous supervisory experience and strong leadership skills with an ability to motivate with a positive attitude that positively impacts others.
Must have healthcare AR experience.
ESSENTIAL FUNCTIONS
Manages the day-to-day operations of the Billing Department to maximize net revenues and cash flow by managing all aspects of the revenue cycle while ensuring adherence to policies and procedures.
Monitor accounts receivable activity and initiates appropriate corrective measures as needed.
Communicates performance data and associated action plans to Senior Leadership.
Identifies and implements processes to achieve key revenue cycle metrics including but not limited to A / R Days, Unbilled A / R, Denial Percentage, and Cash Collections.
Analyze large volumes of data and provide financial analysis and regularly presents trends, movements, and status to Senior Leadership.
Review billing work queues regularly to ensure that workloads are distributed evenly and that the department metrics are being met.
Resolve complex patient, physician, and other issues when necessary.
Manages self-pay receivables including vendor relationships to help resolve AR. Inclusive of self-pay receivables is the process of charity review and bad debt management.
Develop and implement policies and procedures for designated areas; evaluate new systems and methods and recommend changes as necessary.
Communicate with payers and know when and how to escalate payer issues.
Oversee the hiring, training, and supervision of department personnel.
The Accounts Receivable Manager is responsible for entire insurance and patient accounts receivable including overseeing timely billing follow-up based on payer, receivable age, and dollar amount.
Healthcare Outcomes Performance Company is a vertically integrated musculoskeletal outcomes management company. HOPCo manages physician practices, hospital service lines, population health and value-based care programs, and musculoskeletal delivery networks.
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