Revenue Cycle Manager, Manhattan

NYU Langone Health • New York, NY

4h • $84,578 - $108,000 • Onsite

About The Position

We have an exciting opportunity to join our team as a Revenue Cycle Manager. In this role, the successful candidate Manages a portfolio of practices as assigned by the Senior FGP Revenue Cycle Managers. Responsible for the day-to-day communications with physician practices and billing operations team, and revenue cycle reporting for the designated medical specialties. Requires analyzing financial reports, fee schedules, payer trends, staff productivity, and A/R measurement statistics. Accountable for assigned practices/services. The manager will lead a group of billing coordinators and/or other assigned staff.

Requirements

• Bachelor's Degree with a minimum of 2-3 years of relevant work experience or equivalent combination or training and relevant work experience.
• Ability to handle multiple tasks at once; good communication, interpersonal, and computer skills.
• Arrive on time for work and meetings.
• Ability to develop and maintain effective working relationships with staff and patients.
• High level of accuracy for reviewing charge batch submissions, preparing and presenting analyses, and in staff education.
• Maintain current insurance regulatory policies and requirements relevant to the specialty.
• Knowledge of medical terminology required.
• Possess outstanding interpersonal and communication skills to gain confidence and trust across the FGP.
• Demonstrated leadership skills with the ability to guide, direct, train and interact with staff and outside contacts.
• Strong conceptual and analytical abilities with the ability to identify issues and opportunities and be able to solve problems.
• Strong verbal and written communication skills as well as excellent listening skills.
• Ability to conceptualize workflow, develop plans and implement appropriate actions.
• Ability to create a positive environment where staff are valued and respected for their contributions.
• Professional demeanor.
• Qualified candidates must be able to effectively communicate with all levels of the organization.

Nice To Haves

• 3+ years of rev cycle/billing experience
• professional billing preferred
• CPC preferred
• previous supervisory experience a plus too

Responsibilities

• Perform other duties as needed.
• Manages relationships with practices and functions as the primary point-of-contact for day-to-day issues, including ongoing communications, and coordination of projects, billing functions and other activities.
• Meets with practices on a regular basis to discuss revenue cycle opportunities; Communicates with providers, patients, coders, or other responsible persons to maximize revenue.
• Liaises with operations managers and practice management to resolve billing issues.
• Manages billing coordinators or other staff of assigned practices, ensuring their adherence to FGP standard operating procedures, productivity and workflows.
• Performs regular and ad-hoc operational analyses related to processes, charges, claims, and/or accounts receivable.
• Attends and presents at physician and management meetings.
• Serves as resource to physicians, staff, and management regarding local and national coding and reimbursement policies. Educate physicians, staff, and management on new policies and changes to existing policies.
• Monitors key performance indicators, operational metrics, quality indicators, and/or reimbursement fee schedules for any trends.
• Adheres to general practice and FGP guidelines on compliance issues and patient confidentiality.
• Develops and updates action plans on a monthly basis (or more frequently as needed); Ensures that the team produces action plans timely; reviews all data and reports with leadership before sharing.
• Analyzes issues to identify trends in denial rates to focus improvement initiatives on, and charges that requires action.
• May act as a financial counselor to patients who require assistance understanding their benefits and financial options. Act as the patient advocate with the patient and/or family members and liaison with the insurance companies to assist in obtaining insurance information.
• Takes initiative to teach and share new information and provide constructive feedback; Communicate delays and workqueue issues to management daily.
• Works with practice operations to implement changes to improve revenue where necessary.
• Ensures timely and accurate collection, preparation, and verification of billing information submitted to the outsourced billing service. Review billing collection and denial reports from the vendor and identify trends and recommend changes on how to improve issues.
• Serves as a liaison for questions, data requests, and other inquiries. Review charge encounter forms for complete CPT code, ICD-10 code, and other required billing information on a daily basis.
• Compares coding to notes/documentation and communicate with providers to clarify errors.
• Analyzes/audits notes and ensure the appropriate codes are charged in order to maintain billing compliance and prevent denials or works with appropriately credentialed staff to perform reviews.
• Identifies denial trends and train staff accordingly to avoid in the future, emphasizing improvement of accurate charge capture. Develop supporting training documentation as needed with FGP management.
• Meets or exceeds the accountabilities of the Billing Coordinator I and II, and serve as a role model and resource to entry-level team members.
• May assist with leading and coordinating all aspects of charge submission and accounts receivable in defined FGP(s) for other Billing Coordinators.
• Demonstrates a significant level of expertise in subject matter to assist and mentor entry-level billing staff, support the operations lead/supervisor in managing day-to-day team activities against scope and timeline, and ensure timely reporting of activities. Provide feedback and contribute to employee performance reviews.
• Determines and establish the explanation to complex claims, issues, and questions not covered by specific instructions or common practice.
• Reviews outstanding accounts receivable to maintain minimal level of open accounts.
• Compiles statistical data as requested and reports data monthly to appropriate parties. Prepare reports and analyses to assist in identification of cash flow variances, physician referral patterns, physician volume, and any other issues identified by Management.
• Meets or exceeds internal standards for accuracy and timeliness in documentation preparation and submission.
• Directly supervises employees, establish priorities, assign work, and follow up to ensure assignments are complete. Select, orient, and evaluate staff. Provide initial and ongoing guidance. Resolve employee issues and address procedure and performance related issues.
• Trains staff and clearly explain proper work procedures and methods and office policy.

Benefits

• financial security benefits
• generous time-off program
• employee resources groups for peer support
• holistic employee wellness program (physical, mental, nutritional, sleep, social, financial, and preventive care)

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level