Revenue Cycle Manager Job Description

revenue cycle manager job description includes a detailed overview of the key requirements, duties, responsibilities, and skills for this role.

Last update : July 14, 2023

Revenue Cycle Manager Job Description

The revenue cycle is the process that occurs after the services you provide have been rendered.

For healthcare professionals, this typically occurs between when a patient checks in for services, and when the bills are paid.

The revenue cycle begins with the provider’s service, with the patient being treated and is typically followed by the collection of payment.

This is typically handled by a third-party, such as an insurance company, and assumes the responsibility of collecting payment from the patient.

Job Brief:

We’re looking for a Revenue Cycle Manager who is responsible for the organization’s revenue cycle and ensuring that company revenue is maximized. The Revenue Cycle Manager position is a critical role in our organization and the successful candidate will be a key member of our management team.

Revenue Cycle Manager Duties:

  • Maintain accurate billing and coding for vendors and revenue cycle clients
  • Conduct audits of billing and coding for accuracy and accuracy
  • Compile, analyze, and report data regarding performance and trends, including areas such as claims, denials, payments, and dollars spent on claims
  • Develop and oversee the implementation of billing and coding policies and procedures, and establish and maintain quality control
  • Maintain expertise in coding and billing for client companies

Revenue Cycle Manager Responsibilities:

  • Develop and maintain billing and collections processes to improve cash flow and reduce bad debt
  • Draft, implement, and enforce policies and procedures to ensure accurate and timely billing
  • Review and evaluate collection procedures, and analyze and adjust processes as needed
  • Track accounts receivable data to identify trends
  • Develop and implement systems to improve reporting capabilities, including billing, AR, coding, billing, and collections
  • Monitor patient flow, including scheduling, and meet with patients to discuss bills and payment plans
  • Develop and negotiate new business relationships to secure new patients and grow the practice
  • Oversee and manage all administrative services, including payables, purchasing, and payroll
  • Create and maintain electronic billing systems, including electronic claims processing, electronic payment posting, and electronic communications
  • Provide support and assistance to patients, providers, and staff as needed
  • Oversee, track, and report on all administrative tasks
  • ~

Requirements And Skills:

  • Bachelor’s degree in accounting, finance, or a related field
  • 3+ years experience in accounting and financial reporting
  • Ability to understand financial and operational data and apply appropriate analysis to resolve problems
  • Excellent communication skills

Company Name is proud to be an Equal Opportunity Employer. We believe that building a diverse and inclusive team is essential to our success. We encourage applications from people of all races, religions, national origins, genders, and ages, as well as veterans and individuals with disabilities.

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