Revenue Cycle Manager Orthopedic Practice

Midwest Orthopaedic Consultants•Orland Park, IL

69d•Onsite

About The Position

Midwest Orthopaedic Consultants is seeking a Revenue Cycle Management Supervisor who is a medical billing and coding expert to oversee accounts receivable and collection activities. The RC Supervisor will coordinate billing and collection activities to maximize payment and supervise revenue workflows and processes. This role involves providing hands-on leadership, guidance, and training to revenue cycle associates, identifying and implementing opportunities to improve efficiencies in billing and collections, and monitoring accounts receivable activity. The supervisor will also track collection/AR review workloads, identify and resolve the causes of claim denials and rejections, and ensure timely resubmission of denied claims to avoid timely filing deadlines. Participation in various meetings and processing third-party denials are also key responsibilities. The role includes performing follow-up activities on unpaid patient accounts and posting transactions/auditing postings.

Requirements

Minimum associate degree in Business Administration, healthcare, or other related field
Minimum 5 years hands on medical billing or coding Expert level knowledge
Experience with EOB review/interpretation, cash posting and claim balancing
Patient financial responsibility review, consultation and collection
Front line Supervisory experience with at least 4 reports
Proficient in MS Excel (pivot tables and advanced sorting) and Word
Working knowledge of HIPPA regulations
Working knowledge of patient scheduling, insurance eligibility, verification, payments, collections posting and clearinghouse processing
Exceptional verbal and written communication skills
Must be a team player and adept at multitasking

Responsibilities

Coordinate billing and collection activities
Provide hands on leadership, guidance and training to all revenue cycle associates
Identify and implement opportunities to improve efficiencies in billing and collections and demonstrate measurable improvement in billing and collection
Monitor accounts receivables activity
Continually track collection/AR review workloads among associates
Work diligently to identify the cause of claim denials and rejections and resolutions
Ensure that denied claims are researched and resubmitted in ample time to avoid timely filing deadlines
Participate in Departmental, Clinical and Company meeting as required
Process third party denials and related correspondence in a timely and accurate manner
Perform follow up activities on unpaid patient accounts
Perform other job related duties and activities as required
Supervise team of RC representatives
Post transactions/Audit posting