Revenue Cycle Specialist

Damar Services • Indianapolis, IN

14d

About The Position

Employees at Damar aren’t just part of a workforce — they’re part of a mission-driven team making a real difference in people’s lives. Since 1967, Damar has been recognized across Indiana as one of the largest not-for-profit organizations and a leading provider of behavioral health and intellectual and developmental disability (I/DD) services. We foster a united, purpose-driven culture where employees feel valued, supported, and motivated to give their best. It’s no surprise Damar has been named a Top Workplace for several years! Ready to make a real difference? Join us in empowering individuals with intellectual and developmental disabilities or autism. Damar is looking for a talented and motivated Revenue Cycle Specialist to join our team. The Revenue Cycle Specialist is responsible for managing the financial aspects of the organization's revenue cycle, including medical billing, collections, and reimbursement. They will ensure accurate and timely billing, maximize revenue, and minimize denials and payment delays. The Revenue Cycle Specialist will also analyze and resolve billing issues, communicate with insurance companies and patients, and maintain up-to-date knowledge of billing regulations and guidelines.

Requirements

• High School Diploma or equivalent; associate or bachelor's degree in healthcare administration or related field preferred.
• Minimum of 2-3 years of experience in medical billing and revenue cycle management.
• Strong knowledge of medical billing processes, coding guidelines, and reimbursement policies.
• Proficient in using billing software and electronic health record systems.
• Knowledge of HIPAA regulations and patient privacy laws.
• Minimum age of 21 depending on program and / or department requirements.
• Successful completion of pre-employment physical.
• Must meet and maintain background screening requirements for all Damar Programs as detailed in policy 1.HR.02 Pre-Employment and Employee Background Checks.

Responsibilities

• Reviews and analyzes patient medical records to ensure accurate and complete documentation for billing purposes.
• Prepares and submits claims to insurance companies, government payers, and other third-party payers.
• Follows up on unpaid or denied claims, including appealing denials and resolving billing discrepancies.
• Monitors and tracks outstanding accounts receivable, identify delinquent accounts, and take appropriate actions to collect payments.
• Communicates with insurance companies, patients, and other stakeholders to resolve billing issues and answer inquiries.
• Stays updated on changes in billing regulations, coding guidelines, and reimbursement policies to ensure compliance and maximize revenue.
• Collaborates with other departments, such as coding and medical records, to ensure accurate and timely billing processes.
• Provides training and support to staff members on billing processes, coding guidelines, and insurance requirements.
• Generates and analyzes reports related to billing, collections, and revenue performance, and provide recommendations for improvement.
• Maintains confidentiality of patient information and adheres to HIPAA regulations.
• Analyze monthly billing to assure ALL sales are captured and accounted for; look for discrepancies and correct immediately.
• Assists with annual financial audit and provide information needed by auditors.

Benefits

• Eligible for the Damar Advantage including discounts at Damar Health Services and Damar Pharmacy
• Comprehensive training in verbal intervention and physical management techniques
• Medical, Dental, and Vision Insurance options
• Up to $3,000 per year in Tuition Assistance
• Save for your retirement with our 401(k) Plan Participation
• Take care of loved ones through our Damar provided Life Insurance and additional voluntary options
• Short-Term and Long-Term Disability Insurance options
• Paid Holidays to spend time with loved ones
• Paid Time Off (PTO) for rest and renewal

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED
• Number of Employees: 501-1,000 employees