Covenant Living Communities and Services · 6 hours ago
Revenue Cycle Management Intern
Covenant Living Communities and Services- Skokie, IL
Internship
Onsite
Intern
$16.06/hr - $20.88/hrCovenant Living Communities and Services is seeking a Revenue Cycle Management (RCM) Intern to support key initiatives within the RCM department. This internship offers hands-on experience in financial qualifications, revenue capture, accounts receivable/collections, and reimbursement, with opportunities to contribute to focused projects and gain a comprehensive understanding of departmental operations.
Elder CareHealth CareNursing and Residential CareRetirement
Responsibilities
Revenue Analysis and Reporting: Analyzing revenue data, generating reports, and identifying trends or areas for improvement in revenue cycle performance
Compliance and Regulatory Requirements: May include ensuring that billing practices comply with relevant laws, regulations, and industry standards such as HIPAA (Health Insurance Portability and Accountability Act) and the Affordable Care Act
Cross-departmental Collaboration: Collaborate with other departments such as finance, clinical staff, and IT to streamline processes, resolve issues, and improve revenue cycle efficiency
Training and Documentation: May assist in creating training materials, documenting procedures, and providing guidance to staff on revenue cycle processes and best practices
Quality Assurance and Auditing: May participate in quality assurance activities, such as auditing billing records for accuracy and completeness, and identifying areas for improvement
Follow-up on Outstanding Accounts: May help in following up on unpaid or denied claims by communicating with insurance companies, or other healthcare providers to resolve billing discrepancies and ensure timely payment
Data Entry: Accurate input, updating, verification and reconciliation of sensitive financial information into databases. This data is crucial for assessing a creditworthiness, managing financial risk, and ensuring regulatory compliance
Special Projects: Interns could be assigned special projects related to revenue cycle management, such as conducting benchmarking analysis, payer-specific margin reviews or implementing process improvements
Qualification
Required
The ability to work effectively in a team environment and collaborate with colleagues from various departments is important
Excellent organizational skills with a high level of attention to detail
Possess strong problem-solving skills to analyze issues and implement effective solutions
Must be detail-oriented and capable of accurately entering data, reviewing documents, and identifying errors or discrepancies
Strong analytical skills to identify trends and review information alongside leaders
Proficiency in Excel or other data analysis tools helpful
Interns should adhere to ethical standards and maintain patient confidentiality in accordance with HIPAA regulations
A strong sense of integrity and professionalism is essential when handling sensitive financial and healthcare information
Benefits
Medical, dental and vision insurance
Employer paid group term life and disability
Paid Time Off (PTO) & six paid holidays
403(b) with a 3% employer match
Fitness center use at most facilities.
Various voluntary benefits:
Life, AD&D
Tuition assistance and scholarships
Employee assistance program
Legal services, home/auto insurance, discount purchasing program
Pet Insurance
Company
Covenant Living Communities and Services
From coast to coast, Covenant Living Communities and Services offer delightful amenities, engaging activities and wellness opportunities.
Founded in 1886
1001-5000 employees
Funding
Current Stage
Late StageTotal Funding
$146.4MKey Investors
Ziegler
2025-04-21Debt Financing· $146.4M
Leadership Team
Terri Cunliffe
Chief Executive Officer
Jeannie Justie, CPA
Chief Financial Officer
Company data provided by crunchbase