Revenue Cycle Director directs and oversees the overall policies, objectives, and initiatives of an organization's revenue cycle activities to optimize the patient financial interaction along the care continuum. Reviews, designs, and implements processes surrounding admissions, pricing, billing, third party payer relationships, compliance, collections, and other financial analyses to ensure that clinical revenue cycle is effective and properly utilized. Being a Revenue Cycle Director tracks numerous metrics related to the patient engagement cycle including record coding error rates and billing turnaround times to develop sound revenue cycle analysis and reporting. Manages relations with payers and providers to generate high reimbursement rates and a low level of denials. Additionally, Revenue Cycle Director requires a bachelor's degree. Typically reports to top management. The Revenue Cycle Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be a Revenue Cycle Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2024 Salary.com)
Capitol Billing Group is looking for a Director of Revenue Cycle Management.
Ready to take the next step up?
Capitol Billing Group is growing rapidly and in need of a hands on highly skilled and detail-oriented individual to supervise our A/R and Collections Department. This position places a strong emphasis on A/R follow up and collections.
Essential Duties:
Knowledge, Skills & Abilities:
Bachelors degree (BA) from a four-year college or university; or In addition, the candidates for this position will demonstrate outstanding verbal and written communication skills, have a self-starting attitude and outstanding work ethic with proper references, be able to manage time effectively and plan accordingly and have a natural drive to succeed.
Solid knowledge of Microsoft applications including Word, Excel, Power Point and Outlook. Possess ability to apply broad knowledge to new circumstances to add value and perspective.
Education:
Bachelors Degree preferred
Experience & License:
· Three years related experience.
· Experience in managing medical accounts receivable, claim billings, follow-up, and denial management processes.
Competitive salary and benefits including: