Access: Supports for Living · 3 weeks ago
Revenue Cycle Director - Finance
Middletown, NY
Full-time
Onsite
Lead/Staff, Director/Executive
$81K/yr - $85K/yr
5+ years expAccess: Supports for Living is dedicated to providing support and resources to their frontline staff. The Revenue Cycle Director is responsible for managing billing, payment posting, collections, and verification processes while mentoring staff and ensuring compliance with healthcare billing regulations.
Health CareManufacturingMedical DeviceNon Profit
Responsibilities
Responsible for oversight of billing team of up to 8 staff
Supervisory position in charge of maintaining billing systems, insurance verification/authorization management, directing billing, and collections
Clear understanding and working knowledge of claims processing, payer denials and appeals processes
Preparation of recurring and adjusting journal entries within areas of responsibility
Completes financial analysis for audits and performs monthly and year-end receivables and income analysis to ensure revenue is maximized, advising on corrective actions and implementation plans
Monitors and evaluates work productivity standards including identified Key Performance Indicators of billing team and individual staff for total revenue, collection rates, days receivables outstanding, and claim denials; supervise, coach and take necessary action to facilitate achievement of performance targets
Proactively reviews payer-aging reports and establishes achievable goals for accounts receivable reduction and/or cash acceleration. Notifies leaders of potential systemic issues and high risk/high exposure situations. Recommends and implements solutions for resolving aging receivables
Understands and can effectively back-up any position within the Billing Finance unit for which they supervise. Develops cross-training plans for staff to accommodate times of vacancy/absence
Maintains billing and accounts receivable guidelines by writing and updating policies and procedures including recommends changes to departmental procedures, and workflow to promote process improvements
Compiles and distributes to leaders’ analytical reports weekly, biweekly, and monthly on productivity, billing, collections, denials, and write-offs for monitoring operations and updating financial systems
Complies with federal, state, and local legal requirements by understanding existing and new legislation; enforcing adherence to requirements; advising management on needed actions
Possess intermediate computer skills, which include knowledge of word processor, spreadsheet, and database software and file maintenance. Responsible to create and design useful spreadsheets & databases independently and utilizes skills to assist and train others
Write formal staff evaluations, provide feedback to the staff, and offer mentoring opportunities to allow staff to grow and achieve agency outcomes
Responsible for communicating effectively with staff and leaders on a consistent basis
Qualification
Required
5 years of experience in healthcare revenue cycle management and/or medical billing processes including knowledge of ICD-10, CPT, and HCPCS codes required
5 years of progressive related supervisory experience required
Experience with Electronic Health Record (EHR) systems Medical Billing Clearinghouses
Applicants will possess intermediate computer skills with demonstrated strengths in Excel and database software
Applicants must have strong problem solving and analytical skills
Applicants must be able to lead and work effectively in a team environment and independently when necessary
Minimum of Associate's Degree in Accounting
Preferred
Bachelor's degree in Accounting
Company
Access: Supports for Living
Rewarding Lives. Healthy Communities. Welcome to an agency that is passionate about supporting the families and communities of the Hudson Valley.
Founded in 1998Middletown, New York, USA
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
James DeStefano
President and CEO
Angela Woods, MBA
Chief Administrative Officer
Company data provided by crunchbase