OrthoCarolina

Director of Revenue Cycle Management

OrthoCarolina$100K — $130K *
Healthcare
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in health or business administration, or related field, or 7 years of healthcare management experience; Master's preferred.
  • 10+ years of management experience in a healthcare business office setting.
  • 5+ years of experience with Epic Resolute or a similar billing system.
  • Strong knowledge of Accounts Receivable processes and Revenue Cycle Management.
  • Proficiency in managing billing denials and appeals processes.

Responsibilities

  • Manage and oversee accounts receivable operations to maintain efficiency and low AR Days.
  • Coordinate the surgical denials and appeals processes to recover improperly denied claims.
  • Implement Charge Review edits to minimize denials, leveraging technology for improvements.
  • Ensure timely posting of electronic and paper payment files, aiming for error reduction.
  • Collaborate with bank vendors to enhance electronic payment reconciliation processes.
  • Supervise customer service operations to ensure timely and accurate handling of patient inquiries and accounts.
  • Work with the Credentialing Manager to expedite provider credentialing and avoid delays in revenue.

Benefits

  • Comprehensive healthcare coverage available.
  • Flexible working hours and potential for remote work.
  • Opportunities for professional development and certifications.
  • Collaborative work environment with a focus on innovation.
  • Access to advanced technology and systems in healthcare management.
Full Job Description
We are seeking a Director of Revenue Cycle Management (Medical) to work with our team in the OrthoCarolina Business Office.

The Director of Revenue Cycle Management provides management, vision and administrative direction to the following departments within Business Services: Accounts Receivable, Billing Support, Data Coordination, Contract Validation, Credentialing, and Customer Service. This will include confirming that each department has the proper operational controls, reporting procedures and personnel in place to effectively ensure efficiency in business operations and plan for long-term growth and expansion.

Essential Functions:

  • Within Accounts Receivable working with the AR Manager to ensure that accounts are worked in a timely manner, maintain low AR Days, and resolve systemic issues that cause lags in claims payment.


  • Oversees the surgical denials and appeals processes by working closely with Appeals Specialists; Monitors and reports the appeals process including the successful financial recovery of improperly denied claims.


  • Assists with maintaining Charge Review edits to reduce denials; often maximizes technology to reduce edits.


  • Within Data Coordination working with the Data Coordination Manager to ensure that electronic and paper payment files are posted in a timely manner and maximize the use of technology to reduce errors and ensure payment/adjustment integrity.


  • Work closely with bank vendors to maximize electronic efficiencies related to EFT/ERA reconciliation and 835 conversions.


  • Within Customer Service ensuring that customer calls are being handled in a timely manner and accurately. Works very closely with the Customer Service Manager to process Collection accounts, statement generation, patient payment processing, etc.


  • Within Credentialing Department working with the Credentialing Manger to ensure that providers are credentialed with payers in a timely manner to avoid unnecessary denials or delayed revenue.


  • Collaborating with the Contract Validation Manager in order to identify payment variances and to recover revenue due to incorrect payer processing.


Qualifications:

  • Bachelor of Science in health or business administration or related course of study or 7 years of healthcare management experience. Master's degree preferred.


  • Minimum 10 years of management in a healthcare business office setting.


  • Minimum 5 years working in Epic Resolute (preferred) or comparable enterprise billing system.


Education/ Experience:
  • Bachelor of Science in health or business administration or related course of study or 7 years of healthcare management experience. Master's degree preferred.
  • Minimum 10 years of management in a healthcare business office setting.
  • Minimum 5 years working in Epic Resolute (preferred) or comparable enterprise billing system.

Employee Type
Regular

Qualifications
Skills
Accounts Receivable (AR), Billing Management, Billing Process, Billing Systems, Financial Processing, Healthcare Claims Processing, Revenue Cycle, Revenue Cycle Management (RCM)Education
Certifications
Language
Work Experience

About OrthoCarolina

OrthoCarolina is one of the nation’s leading independent academic orthopedics practices serving North Carolina and the Southeast since 1922. OrthoCarolina provides compassionate and comprehensive musculoskeletal care including operative and non-operative care, diagnostic imaging and rehabilitative therapy. Widely known for musculoskeletal research and training, OrthoCarolina physicians have specialized expertise in foot and ankle, hip and knee, shoulder and elbow, spine, sports medicine, hand, pediatric orthopedics, and physical medicine and rehabilitation. OrthoCarolina. You. Improved.
Learn more about OrthoCarolina
Size
2,500 employees
Industry
Net Income
$20 million
5 Year Trend
+5%
Revenue
$400 million

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