Revenue Cycle Manager
JOB TITLE: Revenue Cycle Manager
EMPLOYER: Limitless Male Medical
DEPARTMENT: Revenue Cycle
REPORTS TO: Controller
Why Limitless Male Medical Clinic?
Limitless Male is a fast-growing, unique, and team-oriented company that loves to take care of our employees AND our patients. If you are looking to be surrounded by excellence, to be inspired by your peers, to help make a difference, and laughing the whole time… then we need to talk! We also pride ourselves in offering many benefits including health insurance, Limitless Male branded clothing, discounts, a great culture, and more! This is a place you can come in and help men of all walks of life achieve their goals and simply be a better them.
About the Organization
What is Limitless Male? We are a men’s health clinic where every day, we open the doors to invite men of all ages to change their lives and get back in the game by becoming better husbands, fathers, and co-workers. We do it through various avenues of testosterone replacement, peptides, wave therapies, and many other ancillary products to help men feel their best!
SUMMARY: The Revenue Cycle Manager is responsible for the overall management and direction of the revenue cycle operations. This includes ensuring accurate and timely billing, coding, collections, and payment processing. The manager will work to optimize revenue cycle processes, reduce bad debt and efficiently maximize revenue.
DUTIES AND RESPONSIBILITIES:
Billing and Coding:
- Oversee the medical billing and coding process to ensure accuracy and compliance with regulations.
- Monitor changes in healthcare regulations and payer requirements to update billing practices accordingly.
Collections and Accounts Receivable:
- Manage the collections process to ensure timely and efficient collection of payments.
- Develop and implement strategies to reduce accounts receivable days.
Denials Management:
- Analyze and manage claim denials to identify trends and implement corrective actions.
- Work with insurance companies to resolve denied or underpaid claims.
- Ensure patient billing inquiries are addressed promptly and effectively.
Reporting and Analysis:
Generate and analyze revenue cycle reports to monitor performance and identify areas for improvement.
Provide regular updates to senior management on revenue cycle metrics and financial performance.
Compliance:
Ensure compliance with all federal, state, and local regulations related to billing and collections.
Implement and monitor internal controls to prevent fraud and ensure data integrity.
Team Management:
Supervise and train revenue cycle staff, providing guidance and support to improve efficiency and productivity.
Conduct performance evaluations and manage staffing levels to meet operational needs.
Process Improvement:
Identify opportunities for process improvement and implement best practices to streamline revenue cycle operations.
Collaborate with other departments to enhance overall financial performance and patient experience.
• Performs other related duties and tasks as assigned
SUPERVISORY RESPONSIBILITIES
This position will have direct reports. All employees within the billing department will report to the Revenue Cycle Manager. The Revenue Cycle Manager will have a strong understanding of the companies’ policies and enforce them. The Revenue Cycle Manager will also complete all supervisory tasks including but not limited to schedule, schedule changes, timecards, performance reviews, coaching, disciplining, and initial/ongoing training with all staff in the department. This person will also approve time off requests and hold biweekly meetings. This person will report directly to the Controller for prompt necessary action.
QUALIFICATIONS and COMPETENCIES:
Bachelor's degree in business administration, Healthcare Administration, Finance, or a related field (master's degree preferred).
At least 5 years of experience in healthcare revenue cycle management or a related field.
Strong knowledge of medical billing, coding, and collections processes.
Excellent analytical and problem-solving skills.
Proficiency in revenue cycle management software and electronic health records (EHR) systems.
Strong leadership and team management skills.
Excellent communication and interpersonal skills.
Knowledge of healthcare regulations and compliance requirements (e.g., HIPAA, CMS guidelines).
Detail oriented
Works well in a fast paced always changing environment
Ability to multi-task between all clinics
Goal oriented mentality to accomplish an established goals
Strategic Thinking
Financial Acumen
Regulatory knowledge
Benefits
At Limitless Male Medical, we believe a satisfying work environment makes our teams more successful at delivering the care and compassion needed. We offer:
Competitive salaries and benefits
Opportunities for growth and development
PTO accrual
Health, Vision, and Dental Available with HSA & FSA options
Employee appreciation and recognition
401K option
Limitless male clothing discounts
Company paid LTD & employee life insurance
Employee discounts on treatments, supplements and products