Lifeworks Services, Inc. · 1 month ago
Director of Accounts Receivable
Richfield, MN
Contract
Hybrid
Lead/Staff, Director/Executive
$98K/yr - $108K/yr
5+ years expLifeworks Services, Inc. is an industry leader in partnering with people with disabilities in innovative, person-centered ways. The Director of Accounts Receivable provides strategic leadership in medical claims processing and accounts receivable management, ensuring compliance with regulations while optimizing cash flow and minimizing claim denials.
ChildrenHealth CareNon Profit
Responsibilities
Developing and maintaining department strategies by leveraging weekly aged claims reports to prioritize collections and mitigate risk of uncollectible claims
Facilitating resolution with program leaders to resolve problematic outstanding claims, and when necessary, recommending and seeking approval for uncollectible expense
Maintaining the days of sales outstanding to established goals
Overseeing the organization’s medical claims/Medicaid billing, collections, and other customer accounts in compliance with generally accepted accounting principles (GAAP), government and private contracts, and Health Insurance Portability and Accountability Act (HIPAA)
Ensuring payments across systems are posted timely and accurately for proper aged reporting
Ensuring timely and accurate claims processing, claims adjustment, and payment of claims
Conducting routine audits validating system data transfers into billing systems and validating bill rates, revenue recognized, outstanding balances, uncollectible accounts, etc
Selecting, supervising developing, motivating, and retaining accounts receivable and billing staff. Responsibilities include coaching, goal setting, career counseling, providing daily work direction, recognizing and reinforcing desired performance
Ensuring proper segregation of duties between billers, claims research and payment posting along with overall compliance with insurance and/or government contracts
Maintaining current understanding of medical claims processing as it relates to medical billing including Medicaid service regulatory changes, insurance contracts, and overall medical billing practices
In collaboration with Controller, assisting with general ledger monthly close reconciliations for accounts receivable balances and recorded revenue
Advocating and owning systems required to support day to day activities, including recommending changes or supporting upgrades as a subject matter expert regarding the medical claims processing functions. This includes actively monitoring and suggesting necessary improvements for compliance to provider requirements, efficient processing, and accuracy in claims processing
Working collaboratively with program services, IT, Compliance, HR, and Payroll, providing excellent customer service, improving processes and the delivery of projects and initiatives
Contributing to the organization's mission by complying with Lifeworks policies and procedures, using resources wisely
Following safety procedures and assisting in identifying safety needs for self and others
Perform other duties as assigned
Qualification
Required
Bachelor's degree in a related field
Minimum 5 years of progressive experience in medical billing, Medicaid claims processing, and accounts receivable management
5 years of professional, supervisor, and/or management experience
Proven experience billing through medical billing software(s) and using a clearinghouse
Advanced aptitude of medical coding and billing
Advanced skills in Excel
Fluent in English, verbal and written
Proficiency in Microsoft Office Suite
Preferred
Professional certifications such as Certified Revenue Cycle Representative (CRCR) or Certified Medical Reimbursement Specialist (CMRS) preferred
Benefits
18 days of PTO accrued in the first year of employment
11 paid holidays (New Year’s Day, Martin Luther King Jr. Day, Memorial Day, Juneteenth, Independence Day, Labor Day, Thanksgiving, Day after Thanksgiving, Christmas Eve, Christmas Day, and a Personal Holiday)
Medical, dental, vision, life, AD&D insurance, short & long-term disability coverage
Health Savings Account (HSA), Flexible Savings Account (FSA), and prescription drug coverage
Up to $3,000 annually in tuition reimbursement
403(b) retirement plan – Lifeworks contributes 3% of your salary and matches up to 4% of employee contributions
Employee Assistance Program (EAP)
Company
Lifeworks Services, Inc.
Lifeworks is a Minnesota 501(c)(3) nonprofit organization founded in 1965 by parents of children with disabilities.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Gertrude Matemba Mutasa
President and CEO
Recent News
Business Journals
2022-11-20
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