Revenue Cycle Manager manages the policies, objectives, and initiatives of an organization's revenue cycle activities to achieve revenue targets and to optimize the patient financial interaction along the care continuum. Implements processes for admissions, pricing, billing, third party payer relationships, compliance, and collections to ensure that clinical revenue cycle is effective and properly utilized. Being a Revenue Cycle Manager tracks metrics related to the patient engagement cycle including record coding error rates and billing turnaround times to develop sound revenue cycle analysis and reporting. Coordinates with internal teams, payers, and providers to generate high reimbursement rates and a low level of denials. Additionally, Revenue Cycle Manager requires a bachelor's degree or equivalent. Typically reports to a director. The Revenue Cycle Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Revenue Cycle Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes.
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