Revenue Cycle Management Job Description
The revenue cycle manager s responsibilities include identifying patient reimbursement issues ensuring that claims denials and appeals are efficiently processed and resolving billing related issues.
Revenue cycle management job description. Medical claims are prepared and submitted to medicaid medicare and private insurance companies. Incoming call center billing and collections payment posting pre registration and charge capture initiate and develop relationships with customers in order to gather and process information or resolve issues in order to receive accurate reimbursement optimize internal external customer satisfaction. The revenue cycle director manages a departmental sub function within a broader departmental function. Provide patient revenue management support throughout the revenue cycle to include.
The manager of revenue cycle management is responsible for overseeing all revenue activities and strategizing ways to increase company profitability amongst. The revenue cycle manager manages all functions of the organization s billing and revenue cycle to maximize cash flow while maintaining and improving internal and external customer relations. Salary job description duties found the links articles and information on this page helpful. The revenue cycle specialist is responsible for the company s third party medical claims processing.
Typically reports to top management. Manages relations with payers and providers to generate high reimbursement rates and a low level of denials. To be successful as a revenue cycle manager you should be able to manage both staff and patient complaints. The revenue cycle is a billing process that tracks payment from initial patient registration through treatment and final payment.
Additionally revenue cycle director may require a bachelor s degree. The revenue cycle manager is responsible for overseeing various health care functions such as preregistration insurance verification point of service cash collections financial counseling registration coding medical records billing account follow up and collections customer service and cash posting according to kpmg.