RCM Specialist Home Health & Hospice Team Leader

HealthRev PartnersStuart, FL
$58,000 - $60,000

About The Position

The RCM Specialist serves as a seasoned expert in revenue cycle management, playing a pivotal role in optimizing the organization's financial performance. They possess in-depth knowledge of revenue cycle processes, insurance billing regulations, and coding guidelines. Their expertise is instrumental in resolving complex claims issues, ensuring accurate reimbursement, and maximizing revenue.

Requirements

  • 5+ years of experience in revenue cycle management or a related field, with demonstrated expertise in resolving complex claims issues specifically in a home health & hospice industry
  • Proficient in Microsoft Office Suite.
  • Proficient in home health and hospice electronic health records (EHR) systems, and revenue cycle management software
  • Proficient in Part B billing.
  • In-depth understanding of insurance billing and coding procedures, including ICD-10-CM and CPT codes
  • Exceptional communication, problem-solving, and analytical skills
  • Proven ability to work independently and as part of a team
  • Demonstrated leadership skills and the ability to mentor and train others

Nice To Haves

  • Bachelor's degree in healthcare administration, business administration, or a related field preferred

Responsibilities

  • Serves as the primary point of contact for assigned clients, managing their RCM business and addressing concerns.
  • Conducts regular focus meetings with clients (following HRP designated process) to review performance, discuss challenges, and identify opportunities for improvement.
  • Lead and mentor RCM team members, providing guidance for day-to-day questions and training on revenue cycle processes and procedures as needed.
  • Helps resolve complex claim issues and member escalations.
  • Analyze and resolve highly complex claims denials and appeals, advocating for the organization's reimbursement claims.
  • Conduct in-depth investigations into patient billing discrepancies and disputes, ensuring timely resolution and client satisfaction.
  • Develop and implement strategies to improve revenue cycle efficiency and reduce claim denials.
  • Assists with revenue cycle audits and compliance reviews, ensuring adherence to regulatory standards.
  • Maintain accurate and up-to-date documentation of all claims and patient accounts in clearinghouse, EMR, and Velocity.
  • Monitors productivity expectations for the team based on Medicare and Non-Medicare claims worked expectations.
  • Identifies opportunities for process optimization with the RCM department.
  • Contribute to the development and implementation of revenue cycle management policies and procedures as needed.
  • Serves as a subject matter expert for RCM claims management for assigned accounts.
  • Collaborates with internal and external stakeholder to improve overall claim and collections AR performance.
  • Stay abreast of changes in insurance billing regulations and coding guidelines, ensuring the organization's compliance.

Benefits

  • Competitive salary and comprehensive benefits package, including health insurance, dental insurance, vision insurance, front loaded paid time off, and retirement savings plan
  • Opportunity to work in a dynamic and growing healthcare organization, making a significant impact on its financial success
  • Professional development and training opportunities, including conferences, webinars, and certifications
  • Recognition and rewards for outstanding performance and contributions to the organization's goals
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